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  • PRODUCT WARRANTY

  • posted 4 years ago
  • A warranty is a guarantee from a seller that a defective product will be repaired or replaced within a specific time. A guarantee is a seller's promise that a product will meet certain quality or performance standards. If not, it will be repaired or replaced.

    Purchasing a product covered by a warranty can help ensure your peace of mind. If things don’t work as expected, a warranty may allow the purchase to be returned, replaced, or repaired. A product’s warranty acts as a guarantee that it will perform. However, not all warranties are equal. A warranty might cover a product for a lifetime or a matter of days. It may cover all kinds of damage or be limited to specific defects. Certain actions, such as misuse, may render a warranty invalid, preventing you from returning a broken product. 

    Types of Warranties

    A warranty is created whenever the seller of a good guarantees a consumer that the good is of a certain level of quality and reliability. If the product doesn’t live up to the seller’s assurances, then the warranty may require that the seller repair or replace it. Express warranties are guarantees that are clearly stated, either orally or in writing. 

    State law also creates certain implied warranties. These warranties do not need to be explicitly stated in order to have an effect. The implied warranty of merchantability guarantees that consumer products will work as expected. Your dishwasher, for example, will be guaranteed to clean your dishes, even if the seller does not explicitly say so. However, some state laws allow implied warranties to be disclaimed using language such as “sold as is.” In these cases, products bought “as is” would not be subject to any guarantees.

    Full vs. Limited Warranties

    With a full warranty, a company guarantees to repair or replace a faulty product during the warranty period. If the product is damaged or defective, companies offering a full warranty must repair or replace it within a reasonable time. A limited warranty works similarly, but with greater restrictions. A limited warranty might cover only specific parts or certain types of defects.  Often, limited warranties will guarantee replacement parts, but not cover the labor required to fully fix a product. 

    Voiding a Warranty

    While a warranty will let you return a damaged or defective product, certain actions may make the warranty invalid, leaving you to deal with the flawed goods on your own. For example, misuse or lack of maintenance are common reasons why warranties are voided. However, federal regulations prevent retailers from voiding warranties for certain unreasonable grounds, such as not being able to return the product in person.

    AS LABOSERV INVESTMENTS, WE OFFER 12 MONTHS WARRANTY FOR OUR NEW EQUIPMENT. WE ALSO OFFER CALIBRATION CERTIFICATION FOR OUR NEW EQUIPMENT. TO VIEW OUR PRODUCTS, CLICK HERE:
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