Yes... because warranties are optional guarantees of fitness being sold on top of the product. We aren't talking about a warranty on the product here, we are ta

Yes... because warranties are optional guarantees of fitness being sold on top of the product. We aren't talking about a warranty on the product here, we are talking about the product itself, I have never seen a contract that says "oh, and we can steal the product back from you in exchange for monies actually received", unsurprisingly, outside of digital assets. And of course that term is common because the default terms for damages can go beyond that (e.g. if replacement value rises).