Quote:
Posted By NancyD1 on 09/30/2007 4:36 AM
Why would you have a warranty until the roof is paid? Warranty life starts the day the product is paid for.
If a car has a five year warranty and it sits on the lot for a year, does it now have a four year warranty? No. The day it was sold the warranty began for 5 years.
JeanS1,
I do not know the answer pertaining to your particular dilemma, however I would think that a warrant would be presently establish once product or services are transferred, if some cases, but certainly not all!
I don’t agree with NancyD1 analogy about warranties, well not entirely “If a car has a five year warranty and it sits on the lot for a year, does it now have a four year warranty? No. The day it was sold the warranty began for 5 years” The majority of warranties that I’m familiar with generally state a certain time (hours, minutes, etc.) In this particular circumstance, years OR mileage which ever comes first.
Hypothetically let’s say it’s the typical 3 year OR 36 thousand mile warranty. The vehicle being sold has 22,000 miles, but is 2002 Ford Crown Victoria. That particular car still has a 14,000 mile warranty regardless of how old it is, to my knowledge if not then PLEASE, inform me otherwise! Most likely not the case but……
I would think that the warranty would be valid even if you NEVER paid it off. That just sounds ridiculous to me. What about the warranty on our houses, some of us have a 30 year mortgage. What “if” our roof had faulty roof joists, which made our ceiling bow allowing water to seep in destroying much of the houses contents. I would think that would still be under warranty, “If” they are still in business, wouldn’t you?!
Best of luck
Keep us posted. I’m curious to hear the answer myself.
Chuck W.