LR Hyundai Warranty Manager Interview Questions and Answers

There are several types of warranties, including express, implied, extended, and limited warranties.

• Express warranties are explicitly stated by the seller or manufacturer.

• Implied warranties are automatically provided by law and are not written or spoken.

• Extended warranties are additional coverage purchased by the consumer.

• Limited warranties have specific terms and conditions that limit the coverage.

• Other types of warra...read more

Warranty is important as it provides assurance to customers and protects them from unexpected expenses.

• Warranty builds trust between the customer and the manufacturer

• It provides a sense of security to the customer

• Warranty protects the customer from unexpected expenses in case of product failure

• It can increase customer satisfaction and loyalty

• Warranty can also be used as a marketing tool to attract customers