What Is A Used Auto Warranty?
An extended warranty for a used car is a special type of warranty that covers both used and pre owned vehicles. These warranties ensure that your used car, truck, or van has the same type of coverage as a newer vehicle. Like regular warranties, There are several different types of used car warranties available. They offer different kinds of coverage at various prices, and finding the right one that is suitable for you and your vehicle is determined by various factors.
What Types Of Used Auto Warranties Are There?
Although used cars warranties tend to have less choices than their new car warranty counterparts, the task of finding the right policy still remains. The options are a mixture of different coverage.
First, there is the basic used warranty. Available in most states, both the dealer ships and buyers are allowed to sell their used car exactly as it is, excluding a warranty. A few dealer ships will offer a small warranty in order to sell their vehicle. These used car warranties are very basic and minimal and only offer about 50 percent of labor and parts for certain components that stop working. The warranty’s self life is very limited and will usually expire 30 days or a year after the used car is purchased.
An extended length warranty for a used car is very much similar to the extended warranty that is often used for newer vehicles. These warranties offer protection for costly repairs and maintenance fees that you may occur in the future. The warranty can cover up to 100,000 of the original miles, and can also offer coverage for serious engine failures or other mechanic issues.
The certified pre-owned, or CPO, is a combination of the bumper to bumper and power train warranties. Certified pre owned vehicles have quite a bit of extra coverage, which gives this warranty a lot of appeal to buyers. The certified pre owned vehicle program offers longer power train coverage for your used car, which can last up to 100,000 of the original miles. A few manufacturers will even offer you bumper to bumper warranties, which will provide extra coverage to most of your vehicle’s components and extras. You will also have access to road side assistance with all of these policies.
An implied warranty is a policy that is required by only a few states. These states do not allow a used vehicle to be sold if it is severely damaged or unable to run. For example, if a buyer drives a used vehicle that is damaged and it stops running, the mechanic can then prove that the car was damaged at the time of the sell, and the buyer has the right to make repairs.
Finally, there are after market accessories and replacement parts. High end stereos and high tech turbo chargers are considered after market accessories. These additional components are almost never covered by new vehicle warranties, and they will often void a vehicle’s warranty. On the other hand, replacement parts are parts that are brought and used to fix a damaged component on a vehicle. These parts often carry very limited warranties and may even come with mileage limits.