When it comes to getting a new or used vehicle, there are different warranties for each one. You should know, however, what each warranty is about and what to expect from each one before you buy the new or used vehicle. Not everyone is a car buying expert. Some women may even be better at knowing how to buy cars than some men and vice versa. Knowing beforehand what you should expect for whichever type of warranty your car, new or used, comes with is better than going in blind.
The Basic Warranty
The basic warranty is also known as the manufacturer’s warranty. This type of warranty will come with a new car and will cover anything that happens to the car during the early years of you driving it through the normal wear and tear of the car. Although it covers most anything on the car, it does not cover the battery or the tires and if you get into an accident, misuse the car, or do anything to void the warranty, don’t bother trying to get anything fixed or replaced by the manufacturer or the car dealer because it won’t happen.
This type of warranty is from the dealer itself and comes with stipulations. For example, you will have to go to the places they tell you to get your car serviced. Also, if you need a replacement part, they will tell you where to go to buy the replacement part or it will not be covered by the warranty.
This type of warranty is also known as the aftermarket warranty and is what will cover your car for a longer period of time after the basic or dealership warranty runs out. However, not every type of car is eligible for this warranty. Your best option with this type of warranty is to purchase it way before the original warranty expires for a couple of reasons. For one, the longer you wait, the older your car gets and it might not be covered by this type of warranty after you wait so long. For another thing, the older the car becomes, the more you will be paying for this type of warranty. Another thing to remember if you want an extended warranty is that they might not cover as much as your original one does.
A powertrain warranty covers the things that make the car run properly. This includes the transmission, axles, driveshaft, and the clutch. However, if your engine totally quits, this warranty will not cover for you to get a new engine. You will still have to pay for that out of your own pocket.
Rust and Corrosion Coverage
Although this can be good to have because you just never know, this type of warranty will only cover rust and corrosion if the rust actually eats a hole through the metal. You could probably get this type of coverage cheaper through your auto insurance policy since they also have this plan available for you.
This type of warranty covers problems from emissions only until you get to a certain amount of miles or years. However, this may also be included in the basic warranty so check there first before you purchase this extra coverage.
Points to Remember
These different warranties may cover everything you have read about them and they may not. The important thing to think about is to read everything in the contract before buying the car, this includes the fine print. Always, always read the fine print because you never actually know who you can trust and what you will get. Another thing you should do before buying a car, whether it is new or used, is to do your research on the car dealership before you even talk to them. Make sure they are legitimate. You can do this by either asking people you know and trust who have dealt with them before or reading about them online through reviews. You can also check the Better Business Bureau to see if they are a member or if they have any bad ratings. Just make sure to do the proper research because, as with anything else, you can get ripped off. Make sure to read everything from the contract to the car buyers guide before signing on the dotted line. Being aware of every little detail will be better off for you in the long run. It will be the difference between buying the real deal and a lemon.