Wednesday 25 March 2015

Difference Between Warranty and Guarantee

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 This topic in here for discussion of the difference between warranty and Guarantee. Given below how to understand in details. what is warranty and Guarnty and what is difference between warranty and Guarantee.

What is Warranty?

 As according to dictionary meaning, A warranty is nothing but a guarantee given to the purchaser by a company starting that a product is reliable and free form Known defects and that the seller will without Any cost of money, repair and replace defective parts within the given time limit and under certain conditions.

In Simple Definition, Warranty is a guarantee of Repair or Replacement of a part,item,product. If product is defective, They does not meets buyer's expectations in terms of way it's supposed to perform during the period of warranty.



A warranty is legal contract between the buyer ( Customer) and seller ( Manufacturer ) and is always binding on the seller, which means that the seller can face a lawsuit if they are not able to comply with repairing and replacing of Product or any of it's parts. A warranty is normally and mostly limited by terms of the contract. Such a limited Warranty put conditions on the parts of an article, the nature of damage incurred and the time period of validity of the document. ( Document, this is the Warranty Certificate that Buyers receive from the manufacturer on the purchase of new Product.)

There are implied warranties and Express warranties. implied warranties cover merchant-ability and fitness for a particular purpose.The former is a promise that good sold will perform as expected. your cell phone should offer clear communication. if it doesn't, then it is not fit for sale.

Express Warranty explicit. It is a voluntary commitment to remedy defects and malfunctions if they arise. Express Warranties can take a verity of forms oral or in writing, ranging from advertising claims to formal certificates.

What is Guarantee?


As according to dictionary meaning, A Guarantee is nothing but a formal promise or assurance ( typically in writing) that certain condition will be fulfilled mostly that a product will be repaired or replaced if product not of a specified quality and durability.

In simple definition Guarantee is promise made by manufacturer or a service provider to the end customer stating that the product,service sold,offered to the customers is of best quality when Buyer is not satisfied, then the seller agrees to replace, repair the product or in case product is not repairable or replaced then offer refund to the buyer.

A Guarantee is provide extra protection to the customers over and above their exiting legal rights. it is not chargeable fee or service of cost and should be always offered free it is legal binding on the guarantor and the copy of guarantee should be always provide by manufacturer and service provider.

What is Difference between Warranty and Guarantee?

Warranty is basically guarantee of Repair or Replacement of a part,item,product. but Guarantee is promise made by manufacturer or a service provider to the end customer stating that the product,service sold,offered to the customers is of best quality when Buyer is not satisfied.
Warranty is legal contract between the buyer ( Customer) and seller ( Manufacturer ) but Guarantee legal contract between the buyer ( Customer) and seller ( Manufacturer ).

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