FOR IMMEDIATE RELEASE
Pressnews.biz (Press Release) Mar 19, 2015
-- Car king is leading firm in dealing of used cars in India. And we are happy to announce that we deliver certified cars with warranty
To qualify for our definition of a "certified used" vehicle, the warranty must be backed by the original vehicle manufacturer. The original manufacturer of the vehicle is using its dealer network to inspect the car, determine if it is worth certifying and then offer support for the vehicle for a period of time beyond the original warranty. Not all used cars can qualify for certified pre-owned programs, and terms vary from one brand to the next, but any true certified pre-owned program will include at least a 100-point inspection of the car. If problems are found, the factory-trained technicians will fix it or disqualify the car from the program. The certified warranty protection typically takes effect when the original warranty expires and, like a new car warranty, offers coverage for a certain number of years or miles, whichever comes first.
Used cars sold with third-party warranties are sometimes advertised as "certified" but are not truly factory-certified because the authority and expertise of the vehicle's manufacturer is not standing behind the "warranty" in any way. In fact, the term "warranty" may be misleading, as third-party warranties are really just extended service contracts that the buyer must purchase at an additional cost. Extended service contracts can usually be purchased for any vehicle, and the vehicle's manufacturer is not involved in any coverage promised by the aftermarket service contract. A true warranty offers coverage that is included in the original purchase price.
The major downside to third-party service contracts is that they often obligate the customer to pay for needed repairs up front, and then wait for a reimbursement check; some require the payment of a deductible that can vary from $50 to $400. In addition, there is always the risk that the insurance company or other underwriter of the service contract will not be around to honor the warranty when a claim is made — this risk is much less when the responsible party is a vehicle manufacturer. Also, most extended service contracts do not require the rigorous inspection and repair procedures that a real certified program offers