Cars are a big buying decision and a big thing … even when you get an amazing deal on a used car in Denver! Obtaining a warranty for your used car is a vital part of the buying decision for many, and there is often confusion about the types of warranties that can be applied. Today we answer some of the most common questions about city warranties for a car.
What are the main guarantees available?
There are three main types of warranties for the cars you buy:
- New car legal warranties: covers any car defect or problem during the first 12 months or 20,000 kilometers, whichever occurs first.
New Car Maker Warranty – Usually exceeds statutory warranty, often comes in multiples of 12 months / 20,000 km,
- Denver Statutory Used Car Warranties – These warranties apply only to certain types of used cars purchased in Denver; see below. It is valid for 3 months or 5,000 km from the date of purchase.
- Used Car Dealer Warranty – Some Denver used car dealers will offer a longer than legal warranty, which will be fulfilled by the dealer, not the car manufacturer.
When does the Denver used car legal warranty applies?
These apply to use cars that meet the following conditions:
- Sold by a city-licensed auto dealer
- Covered less than 160,000 km
Less than 10 years
- At a purchase price that does not exceed the current luxury automobile tax threshold
If you buy a car privately, there is no legal warranty in effect … so you need to take much greater precautions when buying a car privately through a dealer.
As with televisions, computers, and appliances, you can generally purchase extended warranties for your used cars in Denver. These can be offered through the dealer itself or through third-party services that provide warranties only for certain types of vehicles.
Some used cars in denver and extended warranty providers offer special coverage for certain parts of your vehicle. For example, you may be able to purchase paint “insurance”, a paint warranty, or a battery warranty. For most consumers, this is not necessary – it provides peace of mind, but is rarely a financial reward. Of course, the decision is yours alone.