Customers' most common question regarding extended vehicle warranty coverage is, "what does a car warranty cover?"
Cars are typically the most valuable or second-most valuable investments customers have. An excellent extended vehicle warranty coverage is needed to ensure this investment goes a long way.
Before delving into the extended warranty coverage for used cars, let's address the first question.
Each warranty, including extended vehicle warranty coverage, has different policies based on the manufacturer or warranty provider.
Generally, a car warranty cover includes:
A bumper-to-bumper warranty.
A warranty on the powertrain.
The manufacturer backs several different types of secondary warranties.
Almost every part of your car, between the front and back bumpers, is covered by a bumper-to-bumper warranty. This includes engine transmission, drive axle, braking steering suspension, and navigation system. These warranties can last around five years or 60,000 miles.
Powertrain warranties cover the expense of repairing or replacing broken parts of the engine, drivetrain, or transmission that are part of the powertrain. These warranties may last longer than bumper-to-bumper warranties, with some reaching 10 years or 100,000 miles.
Dealers may offer buyers extended vehicle warranty coverage to extend the warranty period. Depending on what kind of plan your customer chooses, the level of coverage they get from an extended warranty will change. When a customer wants to know what does a car warranty cover with an extended warranty, here's general info for reference.
Some extended vehicle warranty coverage can last up to 10 years.
If you buy a bumper-to-bumper warranty, most parts of your car, including the air conditioning, are covered.
Many extended vehicle warranty coverage comes with roadside assistance available 24 hours a day, 7 days a week. This can include towing, trip interruption service, and other things.
Some extended vehicle warranty coverage includes repairs and replacements caused by normal use. Factory warranties cover problems with the materials or the way they were made.
The extended vehicle warranty coverage of the powertrain includes the engine, transmission, and other essential parts.
Buying an extended vehicle warranty coverage may be a wise choice if you have a secondhand automobile or if your original manufacturer's guarantee has expired.
Most extended warranty coverage for used cars is priced based on the vehicle's year, manufacture, and mileage. As the car ages and mileage grows, certain warranties get more expensive and cover less, making it more challenging to qualify for coverage. So the earlier your customers buy an extended vehicle warranty coverage, the better.
Unexpected repairs are unavoidable, no matter how well-built the vehicle is. For many people, their car is their lifeline and sole method of mobility.
If a customer purchases a used vehicle, truck, or SUV, he may still have payments to make, but after the OEM warranty expires, there will be no more warranty. As consumers decide to retain their cars for longer periods, extended warranties have become more critical.
When the OEM warranty expires, it is best to have an extended vehicle warranty coverage. This will provide your client with continuous coverage if a repair is required.
Contact us to share your concerns and questions!