What is difference between guarantee and warranty?

Question

What is difference between guarantee and warranty?

Answer 1

A guarantee returns your money if you are unsatisfied with the product.

A warranty fixes the product if it is broken.

Answer 2

well guarantee means if there is any fault occurs in guaranteed product with in guarantee time the concern company have to replace the product

where else in warranty company will repair the product

im working in electronics industry from last 3 yrs

what my experience says is

In all electronics product despite of warranty company change the product if they find any major fault in product to satisfy customer and to make future market.

Answer 3

Guarantee means a formal assurance in writing that a product or service will meet certain standards or specifications.

Warranty means A assurance given to the purchaser by a company stating that a product is reliable and free from known defects and that the seller will, without charge, repair or replace defective parts within a given time limit and under certain conditions.

Answer 4

Guarantee - a promise or assurance, esp. one in writing, that something is of specified quality, content, benefit, etc., or that it will perform satisfactorily for a given length of time: a money-back guarantee.

Warranty - a written guarantee given to the purchaser of a new appliance, automobile, or other item by the manufacturer or dealer, usually specifying that the manufacturer will make any repairs or replace defective parts free of charge for a stated period of time.

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Answer 5

Guarantee - A promise or an assurance...

Warranty - The assurance that something will be repaired or replaced without additional cost...

Answer 6

In guarantee period, if u r unsatisfied with the product, it is replaced by the new one by the shopkeeper but there is no money back.

While in warranty period, the part that has got damaged, is replaced by the new one, but the whole set is not changed.

Answer 7

Every body is correct  but add one thing more  you have to bear transportation costs/ Charges of the item being sent for repair. that is in WARRANT"Y