Guarantee Vs Warranty - Differences between

 

Differences between Guarantee & Warranty

 

Area	Guarantee	Warranty
In Simple	General promise of satisfaction	Specific remedies under defined conditions
Definition	A Promise about the quality or performance of a Product	A Written assurance fo repair or replacement of a Product
Scope	Broader	Limited
Cover	Repair, Replacement or Refund	Repair & Replacement only
Legality	Informal & Not legal	Formal, Written & legally binding
Duration	Shorter period	Longer period
Cost	Free of cost	Additional purchase or fees