Basically warranty and guarantee is the same thing. A warranty is a type of guarantee. When a product goes wrong, the company undertakes to repair or replace that product. According to Cambridge dictionary, “warranty is a written promise from a company to repair or replace a product that develops a fault within a particular period of time, or to do a piece of work again if it is not satisfactory.” and “guarantee is a promise that something will be done or will happen, especially a written promise by a company to repair or change a product that develops a fault within a particular period of time.”.

But the difference is legal, not linguistic. Both have meaningful use in the context of a contract or bargain. A warranty is a assurance and guarantee is a commitment. So, before buying any products, you must know the difference between warranty and guarantee.

Table of Contents

Warranty vs Guarantee in Tabular Form

TraitsWarrantyGuarantee
DefinationA warranty is a written promise from a company to repair or replace a product that develops a fault within a particular period of time, or to do a piece of work again if it is not satisfactory.A guarantee is a promise that something will be done or will happen, especially a written promise by a company to repair or change a product that develops a fault within a particular period of time.
What is it?AssuranceCommitment
How is it make?WrittenOral or written
Applicable forProduct onlyProduct, service and persons
In case of defectProduct will be Repair onlyProduct will be either Repair/ Replacement or cost will be Refund
Condition of saleSubsidiary condition of sale, which may be expressed or implied.May or may not be a condition of sale
DurationLong termVaries from item to item
Does it requires cost?The buyer has to payFree of cost
Money back promiseNoYes

The Bottom Line

Read the information carefully on the packets before purchase any products. Don’t hesitate to ask supplier if you do not find anything that is necessary. Write them too from the supplier/
Hope this guide will help you to understand the basic difference between warranty and guarantee.

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