New car warranty
A new warranty is a guarantee of coverage by the manufacturer to the owner at the time of purchase. The warranty may be limited to a specific time period or mileage, typically whichever is first. Most often lasts up to 3 years or 36,000 miles.
This warranty ensures the car owner that the car he or she has just purchased is free from any defects. But if any defects are found it will be replaced at no cost to the owner. A New car warranty covers almost all parts of your vehicle. Bumper-to-bumper and power train are the two most common forms of warranties. Power train provides a better coverage than bumper-to-bumper as it covers a specific number of months or miles on your car. It covers those parts that need repairing most often.
During the Bumper-to-bumper coverage almost all items are protected by the plan. But make sure you do your research and find out exactly what your plan will cover. Another type of warranty is known as a corrosion warranty which is usually covered up to mileage of 100,000 miles or 6 years. This warranty offers coverage for rust and corrosion repairs. The purpose for purchasing a warranty is to protect the car owner from the unexpected expenses that may occur with the purchase of the car.