Can I buy an extended warranty from a different dealership?
You don’t have to buy an extended warranty on a new car at the time of purchasing the car, Linkov said. You can buy it from another dealer of the same brand a few years after buying the car. The cost of your extended vehicle warranty depends on a variety of factors, like the make, model and age of your car. However, you’ll typically need to pay at least $1,000 per year of coverage, and you may need to pay as much as $3,000 per year, or even more.Whether you have an extended warranty or a vehicle service contract, you typically have two options—transfer the coverage to the new owner or cancel it for a prorated refund.Will an Extended Warranty Cover Engine Repairs? Yes. Powertrain warranties cover the engine and all of its related components, such as the cylinder block, valvetrain, and other internal mechanisms.Many extended warranty companies negotiate discounted repair rates with service providers. This means they pay less for repairs than a customer would if they paid out of pocket, further increasing their profit margins.
Is the warranty void if not serviced by the dealer?
You don’t have to use the dealer for repairs or maintenance to keep your warranty in effect. In fact, it’s illegal for a dealer to deny your warranty coverage because you had routine maintenance or repairs done by someone else. Brand-name dealership warranties often only authorize repairs at that brand’s dealerships. Reputable third-party companies can cover repairs at any licensed facility. That said, some less-reputable used car dealerships may only authorize repairs at a certain mechanic.In many cases, the cost of repair exceeds the cost of the warranty, and if you don’t end up using the warranty, it’s money wasted. Buying a warranty comes down to one simple question: Do you value peace of mind? Nobody should buy a warranty hoping they’ll need it.The companies rarely pay claims. For example the company may insist that your repair is only necessary due to normal wear and tear, which isn’t covered. Claims may also be denied if you can’t prove to the company’s satisfaction that your vehicle has been maintained according to the manufacturer’s recommendations.
What is not covered under an extended warranty?
What Is Not Covered Under an Extended Warranty. Preexisting damage: If your car is already damaged before you buy a warranty, the warranty won’t pay for repairs related to that damage. Normal wear and tear: Damage due to normal wear and tear, such as an alternator breaking down over time, may not be covered. Year/100,000-Mile Powertrain Warranty – Covers the engine, transmission, and drivetrain. Year/60,000-Mile New Vehicle Limited Warranty – Covers most vehicle components that are not covered under the powertrain warranty.If you’re the kind of person who has extra money and doesn’t mind a bit of risk, then an extended warranty may not be a priority for you. However, if you want the peace of mind that most unexpected car breakdowns will be covered, then you should consider getting an auto warranty.As of March 2025, the longest new car warranties are 10 years, which are held by Nissan, Mitsubishi and MG, but Nissan and Mitsubishi do have caveats.All manufacturers offer extended warranties. However, many of these warranties only last up to 100,000 miles. Your car’s manufacturer might not have a plan that covers repairs after 100,000 miles. That said, some manufacturers can cover cars after 100,000 miles.Year / 100,000-Mile Our extensive powertrain warranty covers repair or replacement of powertrain components (i. Hyundai that are defective in material or factory workmanship, under normal use and maintenance.
Can I purchase an extended warranty at any time?
That’s because you can buy an extended warranty at any point before the included factory warranty expires, which means you can hang on to your money for three years and then buy an extended warranty if you decide you need one. By then, you’ll have an idea of how reliable the car has been. Cons of Buying an Extended Warranty On the flip side, it’s important to consider the downsides of purchasing an extended warranty. Limited coverage and loopholes are a concern. Not all repairs are covered under an extended warranty. Wear-and-tear items, regular maintenance and certain parts may be excluded.When can I buy the Extended Warranty? The best time to buy the extended warranty is while buying your car. You can also buy your extended warranty later on, so long as the car is still under the new vehicle warranty. However, buying the plan later on implies a higher cost than when buying along with the new car.The Mercedes-Benz Certified Pre-Owned Extended Limited Warranty offers affordable additional coverage for 1 Year/Unlimited Mileage or 2 Years/Unlimited Mileage, helping you get the most out of your MBCPO vehicle.An extended warranty provides an added layer of financial protection beyond the manufacturer’s warranty, potentially sparing you from unforeseen repair expenses down the road. It can offer peace of mind and financial security, particularly for those dealing with mechanical and electrical failures.
Do you have to use a main dealer for warranty?
No, you do not need to service your car at the dealership to maintain the manufacturer warranty. Under European Block Exemption rules (which were retained by the UK after Brexit), car makers cannot void your vehicle’s warranty if you take it to a non-franchised dealership. The good news is that servicing your vehicle at an auto shop of your choice will not void the warranty. But, you will need to ensure you head to the right auto shop for any maintenance service.