While you visit a showroom for purchasing your own brand new car or a used car, one thing which hovers in your mind is the warranty offered by the manufacturer to cover any damages and defects that may wreck your vehicle.
Auto warranty is a contract between the manufacturer and buyer to cover defects and repairs that occur over a course of period at a certain mileage. Basic warranties cover 36000 miles or a period of at least three years whichever is earlier, but it may differ by manufacturers.
Generally the types of warranty your car dealer will offer includes:
Bumper-to-bumper warranty- It provides coverage for repairs or defects in factory-installed parts.
Drive-train or Power-train warranty– This warranty typically covers only engine, transmission and transaxle parts. It does not cover regular maintenance and has lengthy time period than the bumper-to-bumper warranty.
Roadside assistance- If the car faces breakdown while traveling, this warranty will cover tire changing and covers towing cost.
Rust or corrosion warranty- It basically covers the oxidation of sheet metal parts.
Federal emission warranty- It is the warranty that covers the repairs required to fulfill the Environment Protection Agency standards.
One important consideration here is that warranties usually provide protection for the repairs required in original parts. The warranties do not provide coverage for routine maintenance in addition to the collapse occurred by accidents, natural calamities, be deficient in proper maintenance, collision, theft, fire, carelessness or misuse.
An exception to this warranty coverage might occur when a part of the car has failed mechanically and thus lead to the breakdown or crash of car. Thus, here the warranty will be provided, but it is always advisable to read the warranty document carefully before proceeding further.
If your car has met with a rigorous accident and has been awarded salvage title because the total cost of repairs or loss exceeds the total value of the vehicle, then the entire warranty for the salvage title car is voided. If you are going to buy a used car, make sure you go through the vehicle history report as it would contain information about cars status of it being a salvage title or not.
When your basic warranty coverage period is over, the car owners opt out for extended warranties which are offered by car manufacturers, agencies or independent providers. These extended warranties are actually not the real warranties. These warranties allure the buyers to get the coverage for their vehicle but in fact purchasing insurance with adequate coverage can be an ideal option instead of purchasing extended warranties.
Extended vehicle warranty may relieve you for the time being, but the buyer should minutely read the extended warranty document before getting the coverage.
Thus, the warranty coverage will cover common parts, damage, repairs to the original parts only. Warranty coverage for a salvage title is voided and does not offer any extended warranty. Hence, it is imperative to read the terms and conditions given in the policy to avoid any chaos in future.