Purchasing an Extended Warranty for a Used Car
The extended warranty is not required by law, but it can provide peace of mind and financial protection. To purchase an extended warranty on a used car, follow these steps:
- Research the market value of your vehicle using tools like Kelley Blue Book or Edmunds.
- Choose an extended warranty provider that offers competitive pricing and coverage options.
- Check for any additional fees associated with the warranty, such as installation costs or activation periods.
Understanding Extended Warranty Coverage
An extended warranty typically covers repairs and replacements for parts and components that fail within a specified timeframe. The coverage period may vary depending on the provider and vehicle type.
- Critical Care: Covers major mechanical systems, such as engine, transmission, and brakes, for up to 3 years or 36,000 miles.
- Silver Plated: Covers wear and tear parts, such as tires and belts, for up to 1 year or 12,000 miles.