A parts warranty is a legal guarantee that the seller or manufacturer will replace defective parts of a product. There are two types of warranties: express and implied. The warranty may only cover certain parts and have a specified time limit. The warranty can be provided by the seller or manufacturer, and the process for claiming the warranty may vary.
A parts warranty is a legal assurance to a buyer that the seller or manufacturer of a product will replace certain parts of that product if they are found to be defective. This is usually a written express warranty in the form of a warranty document. Parts warranties are often found on products that require many systems with disparate parts for the product to be useful, such as automobiles, computers, and large equipment or machinery, such as tractors.
There are two basic types of legal warranties: express and implied. Express warranties are usually given to buyers in writing and tell buyers exactly what is covered for how long and what conditions must be met in order for buyers to redeem the warranties. An implied warranty exists by law when a seller has represented a product as being of a specific type or value, so that the buyer has recourse if it is found that the product is not what was represented. In modern times, a parts warranty will usually be an express warranty.
There are many variations of parts warranties. A parts warranty might cover only some parts and not others. For example, on an automobile, the parts warranty might cover the drivetrain parts but not the sound system electronics that the car might have. The warranty will also specify what the warranty giver must do in the event of a breach of warranty, such as providing a replacement or making arrangements to repair the product.
Many times, the parts warranty is only good for a specified amount of time. In these cases, the purchaser must bring the defect to the attention of the guaranteeing party before the expiration of the guarantee period. For example, a warranty might be valid for one year or, in the case of a car, for a certain number of miles or kilometers driven. There are some warranties, however, where the part can be replaced at any time during the life of the part. These are called lifetime warranties.
A parts warranty may be provided by the seller of a product or by the manufacturer. Which of these entities provides the warranty will determine what the buyer must do to claim the warranty. A seller may require proof that the buyer purchased the product at that particular establishment before honoring the seller’s warranty. A manufacturer may request that the product be sent to them so that the defect can be determined and repaired or the part replaced.
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