Buying a new car requires a lot of things to care about like planning the budget, finding the perfect car in that budget, the best time to buy the car, insurance, warranties, etc. The last thing we imagined is something will go wrong with that car as it the second most expensive investment in life, of course, the first is buying a house. Well, if something is misshapen there are ways to cover it like insurance and warranties. Let’s talk about warranties
What is a car warranty?
A car warranty is like an agreement between you and the manufacturer or dealer that specifies that they will repair or replace the defects of your car for a certain time period for free. They ensure that the car will get back to its original quality. Generally, new cars come with a manufacturer warranty but in some cases used cars also come with some warranty.
What are the different types of warranties offered by automakers?
There are two types of warranty coverage that automakers offer
- Basic or bumper-to-bumper: this coverage includes all the parts of the vehicle expect the wear tear repairs like tires or brakes
- Powertrain warranty: it is longer than the base coverage and only covers things that move the car including engine and transmission
It’s easy to find a vehicle with 3 years or 36,000 miles but some automakers offer warranties that go beyond. The automakers that are listed below offer the best new car warranty and have the most coverage of the bumper-to-bumper warranty.