Buying used is a great way to save money long-term, but investing in a used car warranty can often be worth the extra expense. However, it’s essential to ask the right questions before you buy.
What should you know before getting a warranty? Let’s take a look at the answers of used car warranty frequently asked questions.
Used Car Warranty FAQs
What types of warranties are available?
There are two main types of extended auto warranties: manufacturer warranties and third-party warranties. The original manufacturer warranty starts when the new vehicle is purchased, and the length can vary depending on the specific make of the car.
There are then aftermarket warranty options sold by third-party vendors. These can also vary in terms of the agreement, but they’re often similar to OEM warranties.
What does a used car warranty usually cover?
Asking this question is one of the most important things to do when shopping for a warranty. Different warranties cover different things, and you’ll want to make sure the warranty you choose covers what you want it to.
A bumper-to-bumper warranty covers everything on the car — from bumper to bumper — except the usual wear and tear of the vehicle. For example, tires wear out over time, as do brake pads and windshield wipers. Similarly, routine maintenance procedures are not covered, which includes oil changes and tire rotations.
A powertrain warranty covers repairs needed on anything in the vehicle that relates to starting and moving the car. This includes the engine, transmission, and drivetrain, as well as any components of these parts.
How long do the warranties usually last?
Again, this can vary from warranty to warranty. But in general, manufacturer warranties last at least three years or 36,000 miles — whichever comes first. Extended warranties often offer a similar length of coverage. The normal range is three to five years or 36,000 to 60,000 miles.
Is a warranty transferable?
It depends on the specific warranty. OEM warranties last the length of the warranty, even if the owner changes. Extended warranties are more variable in this regard, so you should make sure to ask about this before purchasing if you’re considering this type of warranty.
Shop High-Quality Used Cars Near Seattle, WA
Explore I-5 Motors’ large inventory of used cars for sale in Fife, Washington, located conveniently near Seattle and Tacoma. Have any questions or want to learn more about our used car warranty options? Contact our used car dealership or stop by.
Looking for tips on how to choose the right used car, truck or SUV for you? Explore these additional resources: