Why would a dealership sell a car as is?

In general, the term “as is” means that a certain car is available in the condition as it is on the lot. This means that any defects or flaws with the car will be your responsibility as the buyer and won’t be covered by a warranty.

Can a used car be under warranty?

If you bought your used vehicle from a dealer, you can relax; unless the problem is of your own making or has cropped up too long after the transaction, you’ll be covered by a warranty.

What kind of warranty should I get for a used car?

Secondhand vehicles For a second hand motor vehicle the Motor Dealers and Repairers Act 2013 provides a statutory warranty of 3 months or 5,000km from the date of sale (whichever occurs first). This applies to second hand vehicles that have traveled less than 160,000 km and are less than 10 years old.

What does it mean when a car is sold with no warranty?

As Is – No Dealer Warranty means the dealer won’t pay for any problems or needed repairs. You’re assuming the risk of anything that goes wrong after the sale. There are several things to know about “as is” sales:

Can a used car dealership sell a new car?

Because repairs are expensive at name-brand new-car dealerships, however, used car dealers that do this are unlikely to sell their cars at rock bottom prices. You’re a lot better off working with a dealership that offers its own warranty on the used cars it sells – and the longer the warranty the better.

What kind of warranty do used cars need?

No used-car lot can afford to offer new-car style warranty coverage on the cars it sells, but some states require that dealers offer at least a 30-day drivability warranty, as well as a warranty that the car will pass a state safety and emissions inspection. If a dealer offers a 60- or 90-day warranty, that’s obviously better.

Can a used car dealer sell you a third party warranty?

Used car dealers will almost inevitably try to sell you a third-party extended warranty on the car. This is almost never a good idea, since the warranty companies have a lot more data than you do to show that they’ll make more money in premiums than they’ll ever have to pay out.

What happens if a car is sold without a warranty?

Breach of any manufacturer written warranties leads to remedies against the manufacturer under the federal Magnuson-Moss Warranty Act, including actual damages and attorney fees, even when the dealer sells the vehicle to the consumer “as is.”

When does the used car warranty law apply?

The used car warranty law applies only if you buy your car from a used car dealer. The law does not apply if you buy a used car from a relative, friend, or neighbor. Nor does the law apply if you buy your car from: Your employer. A bank or financial institution. A company that previously leased the car to you or a family member.

What happens if a car is sold as is?

A vehicle sold “as is” has no manufacturer or dealer warranty. The dealer has no obligation to pay for repairing problems that develop after the sale. However, even when selling a vehicle “as is,” the dealer must inspect the vehicle and disclose existing problems.

Where can I get manufacturer backed warranties on my car?

Most manufacturer-backed warranties that you’ll purchase from a dealership provide coverage at any licensed dealership. This is particularly convenient if you’re in a major metropolitan area with access to multiple locations.