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Buying a new car? Check the warranty before you sign…

Determining the Value of Donated Property. The appraisal must be made no more than 60 days before you donate the vehicle. You must receive the appraisal before the due date (including extensions) of the return on which you first claim a deduction for the vehicle. For a deduction first claimed on an amended return, the appraisal must be received before the date the amended return is filed. When you file your income tax return (Form 1040 or Form 1040X), you will need to complete Section B of Form 8283, and attach it to your return. . | All new cars come with some sort of warranty covering parts failure. In almost all cases your car warranty stays valid no matter where you get your car serviced but terms and conditions attached to warranties can vary. When you re looking for a new car it s worth comparing warranties as well. Make sure that the warranty gives you what you want and doesn t include conditions that will cost you money later. Types of warranty All new cars sold in the UK include a basic warranty called the manufacturer s warranty. These usually last for one two or three years. Most manufacturers with a one or two year basic warranty also offer at no extra charge a dealer based extended warranty. This can extend the total period of cover to three years or longer. It is also possible to buy other types of extended warranty once you have bought your car. But beware - the manufacturer s warranty the dealer-based warranty and other warranties you can buy can be quite different. The dealer-based warranty and warranties you can buy can have more limitations like mileage. See the back page for examples of what to avoid. Servicing Where you get your car serviced is an important consideration. Following action by the OFT in 2004 all major makes of new car in the UK are sold without servicing ties as part of their warranties. This means that the manufacturer s warranty and any extension offered free such as the dealer based extended warranty are covered by the Society of Motor Manufacturers and Traders Limited SMMT OFT Approved code of practice see www.smmt.co.uk . The code from the SMMT who represent all sectors of the automotive industry in the UK says that you are free to get your car serviced anywhere in the UK and still benefit from the manufacturer s new car warranty as long as the service is carried out to the car manufacturer s recommendations even if this service is carried out by an independent service or repair outlet. However any additional warranty which you have bought may contain .