![]() ![]() This type of vehicle warranty covers most of the systems and parts that the vehicle’s powertrain warranty does not, including things like electronics, air-conditioning system, audio components, your car’s suspension, and more.Įxcluded from most bumper-to-bumper warranties are items that are considered subject to normal wear. What does a bumper-to-bumper warranty cover and not cover? And while other warranties may be included in a new car warranty package-warranties on the drivetrain, roadside assistance warranties, or warranties that hedge against rust and corrosion-the bumper-to-bumper warranty is the star of the show simply because it offers the greatest number of protections for your car. ![]() If you purchase your car new, then you likely get this type of warranty as part of your new car’s factory warranty or manufacturer's warranty, which gives rise to the bumper-to-bumper warranty sometimes being called a new vehicle limited warranty. We make it easy to bank how you want, when you want.As the name suggests, a bumper-to-bumper warranty is just that - a warranty that covers nearly everything on your vehicle from its front bumper to its back bumper (although, ironically, not your car’s bumpers, which are classified as body panels and therefore, not covered).Ī bumper-to-bumper warranty is not to be confused with a powertrain warranty, which is a valuable type of warranty that covers your car’s powertrain (engine, transmission, AWD system, etc), nothing more, nothing less. If you have banking questions, call us at 80. ![]() When it’s time to buy your next car, with or without an extended warranty, turn to Consumers for competitive rates on auto loans.Ĭonsumers provides banking services for more than 120,000 members. If you plan to move, and the warranty requires covered repairs to be done a certain service provider, you may have no coverage in your new location. Shop around for one that offers coverage after the manufacturer’s warranty expires and allows you to get covered repairs at a place you trust. If you opt for an extended car warranty, you don’t have to accept the one offered by a dealer. Shop around if you opt for an extended warranty Will your income cover all the expenses that come with car ownership? Make sure you can cover the purchase price as well as routine maintenance, insurance and registration before you take on the added expense of a warranty. Power, Kelley Blue Book and Consumer Reports to determine the dependability of a used car you’re considering.Īlso, keep your budget in mind. If the car warranty coverage overlaps with the manufacturer warranty, it doesn’t make sense to pay extra for coverage you already have.Īn extended warranty may be worthwhile when buying a used vehicle because it’s more likely to have problems than a new one. However, the reliability of many new cars combined with manufacturer warranties means that many extended car warranties are never used. Is a car warranty worth the expense?Ĭar warranties appeal to some people because they provide the peace of mind that expenses will be limited in case the vehicle needs repair. For budgeting purposes, use AAA’s guideline that car owners set aside at least $50 month to cover routine maintenance. Additionally, most manufacturers and extended warranty providers require that routine maintenance be done in order to keep their warranties in effect. Keep in mind, car warranties do not cover routine maintenance such as oil changes or replacement of timing belts. ![]() Some plans cover everything bumper-to-bumper and others limit coverage to only the powertrain, which includes the engine, transmission and drive axle. In other cases the warranty is provided by a third-party.Įvery policy is different so you must read them carefully to know what problems are covered, which ones are not and if a deductible applies. In some cases, the warranty is a continuation of the factory warranty and covered by the auto maker. How extended car warranties workĮxtended car warranties pay for certain repairs if your car breaks down. Here’s what you need to know to decide if an extended warranty is worth it. At a cost of $1,000 to $4,000 it’s not a small expense, especially if you add the warranty to a car loan and pay interest on that sum. When you buy a new or used car, it’s nearly certain that you’ll be asked if you’d like to purchase an extended car warranty. What to know before you spend $1,000-or more-on a car warranty. If you have banking questions, we can help. ![]()
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