Do used car warranties that are transferable really boost resale values or do they just build buyer confidence?  

Everybody assumes that used car warranties have some value, but nobody really knows exactly how much? Some new car manufacturer’s have come out with longer powertrain warranties and have made them transferable to a vehicle’s second owner.  This may soon be able to help provide the auto warranty industry with a real answer. 

Some of Chrysler’s models sold after they started their transferable warranty program will soon be resold, and many of those new owners will need to pay the $50 fee to continue with the balance of the factory warranty. The question that remains is will they also pay a higher price to the car’s seller because the warranty is transferable?  

It is a difficult question to answer, but a leading authority and editor of a major automotive publication noted that a vehicle under warranty is most certainly worth more than a vehicle that’s not. It seems like common sense, and we always see a marked drop in vehicle’s resale value once it is out of warranty. 

There is no question that used car warranties will definitely enhance your vehicle’s resale vale.  Just make sure the plan you purchase is transferable.