Evaluating the coverage to be gained from a new car warranty
Typically, the used car warranty comprises of more than one type of warranty coverage, all of which are issued or generated by the manufacturer of the vehicle or by an independent dealer with authorization from the car manufacturer.
One of the primary coverage type provided by all new car warranties is the basic coverage warranty. This warranty covers every part of the vehicle except those parts of the new vehicle which are subject to regular wear and tear damages associated with common or daily use of the vehicle. Note that some basic warranties may be more basic than others, so that not really all parts which are assumed to be covered under this provision are really covered. For your own gain, it is important that you read the buyer’s guide carefully upon purchasing the vehicle to ensure that these points are clear in your own mind’s eye.
Another popular warranty coverage included within the new car warranty is the drive train warranty, also known as the power train warranty. It is simply described as that which provides coverage for all the parts of the vehicle which are responsible for its motion (includes engine and axles, for instance). Clear differentiations however are also made as it relates to this coverage since wear and tear damages are not covered.