New car warranties come in a variety of years, and that's not the only thing that varies about them. It's not uncommon for you to have a few different amounts of time for certain coverage, depending on what comes with your car. Let's take a look.
New Car Warranties
When people talk about car warranties they're typically talking about the original or factory warranty that comes with a new vehicle purchase. These are also called original equipment (OEM) warranties. This is the 3-year/36,000-mile warranty you may hear mentioned in advertising.
But three years or 36,000 miles is just a standard base used by many manufacturers. Another common example is 5-years/60,000-miles.
A warranty covers repairs on your car and its original parts for a certain number of miles or amount of time, whichever comes first. Warranties aren't one size fits all, and don't cover dealer add-ons or aftermarket equipment.
It's common for vehicles to have few different warranties on them to help protect you from the out-of-pocket cost for both standard and unexpected repairs.
Examples of typical original or factory warranties include:
- Bumper-to-Bumper. Also called a comprehensive warranty, this covers everything from the knobs on the dash to the door handles and trim. Bumper-to-bumper warranties generally cover your fuel system, electrical equipment, infotainment, and safety systems, too.
- Powertrain. These warranties cover mechanical moving parts in a vehicle and are typically equal to or longer than their comprehensive counterpart. Things like transmission, driveshafts, and engine repairs may be covered under a powertrain warranty.
- Restraint Systems. Some manufacturers have separate warranties on seat belts. Honda, for example, includes a 5-year/60,000-mile warranty on its restraint systems (seatbelts and airbags) in most models, while Subaru has a lifetime warranty on its seatbelts for all new models.
These are the most common warranties you're likely to see when you purchase a new vehicle, but there are others that come into play on certain makes and models such as corrosion warranties, emission warranties, and EV component warranties, which vary by manufacturer and state. By sure to check your contract to see what's included in yours.
Used Car Warranties
Warranties on used cars aren't like the original manufacturer warranty that comes on a new vehicle. Used car warranties are typically called extended warranties or service contracts. They're available from dealerships and insurance companies alike and are designed to help you save on out-of-pocket costs when your vehicle needs repairs.
Unlike original equipment manufacturer (OEM) warranties, extended warranties are optional and can last as long as you choose, depending on the plan you want to buy.
Certified pre-owned vehicles are used cars that do come with some form of manufacturer-backed warranty on them. This is sometimes the remainder of the factory warranty, since factory warranties are tied to a particular vehicle, or it could have some additional coverage for a short time.
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