When buying a new car, the dealer will often recommend a new car warranty. It is important to know about new car warranties and how they work before signing. A basic warranty does not cover very much unfortunately. Anything subject to wear and tear is not covered.
A drivetrain warranty covers most of what is ‘important’ in a vehicle. Anything that makes the car move. For example the transmission, engine, and drive shaft. It does not cover belts and hoses. Fortunately, a drive train warranty takes care of the very expensive bits and pieces.
Be sure to read through the actual warranty. Ask the dealer to go over everything that is not covered before purchasing a warranty, and think about any issues you have encountered previously that were costly.
If you have the option, you may want to upgrade the warranty for more coverage. A new car warranty is a great way to be sure your vehicle has non-accident related insurance. When it comes to big purchases, you want to make sure your investment is protected.
Even if a vehicle has amazing reviews and little reported problems, There is always the ‘what if’ factor. With newer cars and new models, sometimes it takes 100k miles for them to find out something goes bad on ALL of them.
A new car warranty can alleviate most extra expenses of repair. So long as you are confident that the coverage you are purchasing is sufficient to your needs.