4
   

'guarantee' vs 'warranty'

 
 
Reply Tue 8 Sep, 2015 05:33 am
I have seen on certificates of two watches I bought. One states "This watch is guaranteed for one year from the date of purchase."

Another states "This watch is under warranty for a period of one year from the date of purchase."

I wonder if they mean the same thing. And that's why it prompts me to ask the difference between 'guarantee' and 'warranty'.

Thanks.
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Question • Score: 4 • Views: 400 • Replies: 2
No top replies

 
McTag
 
  1  
Reply Tue 8 Sep, 2015 03:38 pm
@tanguatlay,

I think they mean the same thing, in everyday use.
There may be a fine legal difference, but I don't know about that.
But a guarantee, is a warranty, same thing.
0 Replies
 
Tes yeux noirs
 
  1  
Reply Tue 8 Sep, 2015 03:55 pm
In British consumer-law usage the difference is this:

Guarantee

A guarantee is usually free and is a promise about an item by the manufacturer or company

It's a promise to sort out any problems with a product or service within a specific, fixed period of time

Whether you paid for a guarantee or not, it is legally binding

The guarantee must explain how you would make a claim in a way that is easy to understand

It adds to your rights under consumer law

It will take effect whether or not you have a warranty

Warranty

A warranty acts like an insurance policy for which you must pay a premium - sometimes a warranty is called an 'extended guarantee'

May last longer than a guarantee and cover a wider range of problems

A warranty is a legal contract

The terms of the contract should be clear and fair

Does not reduce your rights under consumer law

A warranty can be in place with a guarantee

0 Replies
 
 

Related Topics

deal - Question by WBYeats
Let pupils abandon spelling rules, says academic - Discussion by Robert Gentel
Please, I need help. - Question by imsak
Is this sentence grammatically correct? - Question by Sydney-Strock
"come from" - Question by mcook
concentrated - Question by WBYeats
 
  1. Forums
  2. » 'guarantee' vs 'warranty'
Copyright © 2024 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.03 seconds on 09/29/2024 at 02:30:22