Used Car Extended Warranty Contracts


April 24th, 2008

Reader Question Can the car dealer sell me a used vehicle from their lot without having an extended warranty contract on it? I bought this Mustang used from a Ford dealer, and they said it does not have any warranty…but they are the dealer, shouldn’t they warranty it?

Steph

Phoenix AZ

 

Dealers must post a Buyer’s Guide on all used vehicles. This window sticker will tell you if the vehicle is being sold “as is” or with a warranty, and the terms of that warranty. Dealers may describe the right to cancel as a “cooling-off” period, a money-back guarantee, or a “no questions asked” return policy.

Before you purchase from a dealer, ask about the dealer’s return policy, get it in writing and read it carefully. Dealers are required to post the Buyers Guide on all used vehicles, including used automobiles, light-duty vans, and light-duty trucks. A “used vehicle” is one that has been driven more than the distance necessary to deliver a new car to the dealership or to test drive it.

Entry Filed under: Extended warranty contracts

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