New car warranty
A new car warranty is a promise made by the manufacturer to repair or replace certain parts of a vehicle for a certain period of time or number of miles. The warranty is usually included with the purchase of a new vehicle and provides peace of mind for the buyer, knowing that they are protected against costly repairs.
Here are some key things to know about new car warranties:
- Types of warranties: There are two main types of warranties: bumper-to-bumper and powertrain.
- Bumper-to-bumper warranty: Covers all parts of the vehicle, including the body, interior, and mechanical components.
- Powertrain warranty: Covers only the engine, transmission, and drivetrain.
- Duration: Warranties typically last for a certain number of years or miles, whichever comes first. For example, a 3-year/36,000-mile warranty means the warranty is valid for 3 years or 36,000 miles, whichever occurs first.
- Coverage: Warranties typically cover repairs and replacements for parts that fail due to defects in materials or workmanship. Some warranties may also cover maintenance items, such as oil changes and tire rotations.
- Deductible: Some warranties may require a deductible, which is the amount the buyer must pay for each repair or replacement.
- Transferability: Some warranties may be transferable to subsequent owners of the vehicle, while others may not.
- Extended warranties: Some manufacturers offer extended warranties, which can provide additional coverage beyond the standard warranty period.
- Warranty limitations: Warranties may have limitations, such as exclusions for certain parts or conditions, or requirements for maintenance and inspections.
Here are some common warranty terms and conditions:
- Warranty period: The length of time the warranty is valid, usually measured in years or miles.
- Warranty mileage: The maximum number of miles the vehicle can be driven before the warranty expires.
- Warranty coverage: The specific parts and components covered by the warranty.
- Warranty exclusions: The specific parts and components not covered by the warranty.
- Warranty maintenance: The required maintenance and inspections to keep the warranty valid.
- Warranty transfer: The process of transferring the warranty to a subsequent owner.
Some popular new car warranties include:
- Ford: 3-year/36,000-mile bumper-to-bumper warranty, 5-year/60,000-mile powertrain warranty
- Toyota: 3-year/36,000-mile bumper-to-bumper warranty, 5-year/60,000-mile powertrain warranty
- Honda: 3-year/36,000-mile bumper-to-bumper warranty, 5-year/60,000-mile powertrain warranty
- Hyundai: 5-year/60,000-mile bumper-to-bumper warranty, 10-year/100,000-mile powertrain warranty
- Kia: 5-year/60,000-mile bumper-to-bumper warranty, 10-year/100,000-mile powertrain warranty
It's always a good idea to review the warranty terms and conditions before purchasing a new vehicle, and to ask questions if you have any concerns.