As-is sale
A sale with no warranty, where the buyer accepts the vehicle with all its existing problems.
An as-is sale means the seller offers no warranty: the buyer takes the vehicle in its current condition and pays for any problems found later. Almost all junk car sales are as-is, and many private used car sales are too.
As a seller, writing “as-is” on the bill of sale helps set expectations, but it does not excuse lying about known problems such as a branded title or rolled-back odometer.
For dealers, the FTC requires a Buyers Guide on every used car offered for sale. A box marked “As Is - No Dealer Warranty” means the dealer won’t pay for any problems or needed repairs.1
References
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Federal Trade Commission, “Buying a Used Car From a Dealer”, https://consumer.ftc.gov/articles/buying-used-car-dealer ↩