Today, it’s industry standard for a car to have warranty coverage. Essentially, that’s a promise that the manufacturer stands behind its vehicle. However, that coverage only lasts you for a few years. To get the most out of your investment, it may be smart to consider buying extended warranty coverage.
There are several different types of warranties out there—home warranties, appliance warranties, etc.—but your car most likely has either a basic (bumper-to-bumper) warranty or a limited powertrain warranty. Here’s a brief description of the two most common warranty plans:
Covers everything between your front and back bumpers (but not the bumpers themselves). Often includes such items as: fuel systems, electronics, air conditioning, audio systems, and vehicle sensors. This type of warranty coverage usually lasts 3 years / 36,000 miles.
Typically covers the engine, transmission, driveshaft, and most internal parts that lead to the wheels and power the vehicle. A powertrain warranty usually lasts around 5 years / 100,000 miles but some automakers may offer plans that last longer.
If you’re not sure which plans your car manufacturer offers, here’s a helpful breakdown of warranty coverage by auto brand.
You may have noticed these particular plans only last a few years. When that coverage expires, you could be on the hook for expensive repairs should something happen out on the road. In order to enjoy greater peace of mind out on the road, it’s smart to consider buying an extended warranty.
Extended warranties can pick up where the original warranty leaves off, offering you years or additional coverage as well as other benefits. In addition to having more coverage, here are some additional reasons why buying an extended warranty is a good idea:
This can seem like a difficult choice, but the professional and knowledgeable team at CARCHEX can help you wade through your options.
Learning more about warranty coverage with CARCHEX is free, fast, and easy. We are consistently listed as an industry leader among warranty companies and have an A+ customer service rating from the Better Business Bureau.
Call us toll-free at 866-261-3457 or use our free online quote generator to get started today.
Consumer Affairs: https://www.consumeraffairs.com/auto_warranty/
Better Business Bureau: bbb.org/greater-maryland/business-reviews/extended-warranty-contract-service-companies/carchex-in-hunt-valley-md-23015869
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