Insist on Powertrain Warranty - It’s the smartest thing you can do. Especially when you consider the high risks and unnecessary costs of having to repair your vehicle’s “drive train” shortly after purchase.

When purchasing a vehicle there is little likelihood that the manufacturer-backed warranty will still protect you from the cost and inconvenience of a mechanical breakdown. Normally these warranties expire before the high-risk period begins, leaving you overwhelmed by the unanticipated high cost of repairing your engine or transmission.

Protect yourself and your savings by ensuring that your vehicle includes a Veri-Cheque post manufacturer Powertrain Warranty- your safety-net against unexpected repair costs … when it counts.

1. Coverage of the named used vehicle will commence upon receipt of the signed Powertrain Warranty Agreement and the issuance of the Warranty Authorization Number.

2. The Applicant hereby certifies that the information contained in this Agreement is true and correct as at the date stated on this Agreement. The Applicant further certifies that the named used vehicle is in proper operating condition as at the date stated on this Agreement. To substantiate these claims the Applicant agrees to have a licensed mechanic complete the “Powertrain Warranty Drive Train Check List” and remit it to Veri-Cheque Ltd./Louron Leasing Ltd. with this signed Warranty Agreement. In the event that such information is determined incorrect, or misleading, this Agreement shall be deemed void and any fees obtained will be returned to the Applicant.

3. Coverage Inclusions: Term – 180 Days/6,000 KM or180 Days/12,000 KM or 365 Days/25,000 KM (the effective Warranty period must be checked and the initiation date stated on the first page of this Agreement.)

Engine: Parts and Labour - All internally lubricated parts (when damaged from within) including: engine block, cylinder heads, crankshaft and main bearings, crankshaft gears, connecting rods and bearings, camshaft and bearings, camshaft gears, push rods, pistons, rings and pins, intake and exhaust manifolds, intake and exhaust valves, valve springs and retainers, valve covers, guides, lifters, rocker arms, shafts and pivots, timing belt cover, timing belt tensioners and guides, oil pump and shaft, oil pan, harmonic balancer and pulley, engine mounts, engine torque struts, oil pressure sending unit, temperature sending unit, flywheel and ring gear.

Transmission: Parts and Labour - Automatic - All internally lubricated parts (when damaged from within) including: housing, torque converter, valve body, gear seals, main and intermediate shafts, clutches and bands, vacuum modulator, oil pump, oil pan, governor and transmission mounts. Standard - All internally lubricated parts (when damaged from within) including: housing, main and intermediate shafts, gear sets, synchronizer rings, shifter fork and bearings.

Differential: Rear Wheel Drive Vehicles - All internally lubricated parts (when damaged from within) including: housing, carrier gear and case, drive pinion and pinion gear, ring gear, differential cover, differential mounts and bearings.

Transaxle: Front Wheel Drive Vehicles - All internally lubricated parts (when damaged from within) including: housing, main shafts, crown and pinion, pinion gears and bearings.

4. Vehicle Eligibility & Maintenance Schedule: The named used vehicle must not have traveled more than 250,000 KM. Moreover, in order to maintain eligibility for repair and claim payment, the named used vehicle must undergo an oil and filter change immediately preceding the warranty period and then at every three (3) month interval, or every 5,000 KM whichever occurs first. Documentation to substantiate this service from a licensed repair establishment must be presented before claim approval. Luxury European models, AWD/4WD vehicles, turbocharged/supercharged vehicles and commercial vans and trucks are not eligible for coverage.

5. Maximum Liability: The maximum liability per claim is $1,000 for 6 Months / 6,000 KM, or $1,250.00 for 6 Months / 12,000 KM, or $1,500 for 12 Months / 25,000 KM, or the purchase price of the vehicle whichever is less (the effective warranty period and thus corresponding liability, must be indicated on the first page of this Agreement). Before a claim can be processed, the named used vehicle must undergo diagnostic testing to substantiate that the said mechanical damage is within the scope of this Agreement. Damage as a result of wear and tear is not covered under this Warranty.

6. Repairs: A mutually agreed upon licensed repair establishment must perform all testing and repair. If the Applicant chooses to repair the named used vehicle prior to approval, or at a repair establishment that has not been mutually agreed upon, the repair costs will not be covered under this Agreement. Repair estimates judged unreasonable in relation to other alternatives can be refused.

7. Claim Payment: Veri-Cheque Ltd./Louron Leasing Ltd. as the Warrantor of this Agreement will pay the mutually agreed upon licensed repair establishment for all approved repair work directly.

8. Renewable: This Warranty Agreement is renewable once the initial warranty has expired and the vehicle has not exceeded the maximum kilometer limit of 250,000 KM. In order to maintain eligibility for renewal, the named used vehicle must be thoroughly checked by a mutually agreed upon licensed mechanic for damage to the covered parts (stated above). Furthermore, the named used vehicle must pass the Vehicle Emission Inspection Report (where applicable) and the Veri-Cheque Ltd./Louron Leasing Ltd. “Powertrain Warranty Drive Train Check List”. Moreover, the vehicle must undergo an oil and filter change immediately preceding the new warranty period. Once the above is complete, the Applicant must again certify that the named used vehicle is in proper operating condition as at the date stated on the new Warranty Agreement. If damage is detected and not fixed before the new warranty period begins, the new Warranty Agreement will be deemed void. A new Authorization Number will be issued to signify the renewal of coverage.