New Car Extended Warranties Provide Additional Coverage

Having a new car is very exciting! As you will find out, your new auto will come with a standard new car warranty that will cover certain aspects of the car should it need repair. However, there are times that you will want more than what the new car warranty has to offer to you. New car extended warranties are an excellent way to get additional coverage on your new vehicle.

Time Extension

The average new car warranty covers three years or five years. Should you car need repair during this time and the items are covered on the warranty, you will have three to five years of time on the warranty. The majority of us are going to keep a car much longer than three to five years. Each year that you operate a vehicle, the more likely you are to need repairs. These repairs can become quite expensive.

New car extended warranties allow you to extend the amount of time that you want the car covered. A nice feature to this, if you do not keep the car the entire amount of time as the new warranty, you can transfer the warranty to whomever you sell the car too. Having the additional warranty will then add re-sell value to your car.

Mileage Extension

The other option that a new car warranty provides is mileage coverage. Typically when you reach either 6,000 or 10,000 miles the warranty will expire. But what if you do a great deal of driving? New car extended warranties allow you to purchase coverage on additional miles. Let’s face it; if you are driving more than a few hundred miles a month it is a terrific investment to have the extended warranty coverage.

Wear-and-Tear Warranties

Many new car extended warranties offer a wear-and-tear warranty to cover the new vehicles. The more you drive, the higher the chances are that you are going to need this type of coverage. The policy will specify exactly which wear-and-tear items are covered under the extension.

Power Train Warranties

Another wonderful new car extended warranties is the power train warranties. These warranties are typically covered partially under the regular new car warranty. They cover approximately 25% of the repairs that will need to be made on an auto. Typically the power train warranties will cover the engine, the transmission and even the drive train assembly.

Can you imagine having to replace the transmission in your auto after the regular warranty has expired? Or worse yet what if something happens and you need an engine repair? Power train warranties are one of the most popular new car extended warranties that people purchase because the repairs for these sections of the car can be very costly. It is essentially insurance for you in the event that something happens to the car.

Drive Train Warranties

Another popular new car extended warranty is the drive train warranties. These extended warranties cover the transmission, the drive shaft, the U-joints, the differential and even the clutch. These can be costly repairs on a car and many buyers are opting for the new car extended warranties to cover the possibility of these types of repairs.

Obtaining New Car Extended Warranties

You can normally purchase new car extended warranties at the time that you buy your new auto from the dealer. However, there are auto warranty companies that also offer new car extended warranties that you can shop with.