What is an Extended Warranty?
An extended warranty is a contract between the vehicle owner and the manufacturer or supplier that extends the original warranty period of the vehicle. It provides additional protection against repairs and replacements for parts and systems that fail due to normal wear and tear, rather than mechanical failure.
Types of Extended Warranty Options
- Manufacturer's warranty extension: This type of extended warranty is offered by the vehicle manufacturer and can be purchased through various dealerships or online platforms.
- Third-party warranty provider: Some companies specialize in offering extended warranties for used cars, providing coverage for a wide range of parts and systems.
Purchasing an Auto Extended Warranty on a Used Car
When purchasing an auto extended warranty on a used car, drivers should carefully review the terms and conditions of the contract before signing. It's essential to understand what is covered under the warranty and what is not.
- Pedestrian safety features: Many manufacturers offer additional coverage for pedestrian safety features such as automatic emergency braking or lane departure warning systems.
- Engine and transmission repairs: Extended warranties may also cover repairs to engine and transmission components that fail due to normal wear and tear.