How Long Your New Car Warranty Lasts? Here are Some Amazing Tips
One of the main factors that influence your decision of buying a car is the period of the bumper-to-bumper coverage or the “New Vehicle Limited Warranty”. This type of warranty protects the car owner from various types of manufacturing defects. However, it doesn’t cover the bumper despite the title, bumper-to-bumper coverage.
Moving back to where we started from, the period of the manufacturer’s warranty depends on a number of factors such as the car model, the factory behind it, year, etc. In this article, we will take a look at the best car warranty (or more) as well as provide you with some helpful tips on how to maximize the protection of your vehicle.
Does Hyundai have the Best Car Warranty?
Different manufacturers warranty their products (vehicles) in different ways. If the deciding factor in your purchase is the length of the best new car warranty, then going for a Hyundai seems like one of the best options for you.
The bumper-to-bumper coverage on a Hyundai car lasts up to 60,000 miles or five years. Within this period, it saves the vehicle owner from repair costs associated with defects on almost the whole car.
Mitsubishi also offers a similar new car warranty. However, the navigation and audio systems are covered by another short-term warranty that expires in three years or after the car has been driven for 36,000 miles.
As for Kia, its standard warranty lasts up to five years or 60,000 miles as well. Moreover, it offers an anti-perforation warranty that expires after 100,000 miles or five years.
When it comes to Volvo, the new car warranty on it is pretty reasonable as well. A basic Volvo warranty will cover your vehicle for four years or 50,000 miles.
As for other reputable automakers such as Nissan, Chevrolet, Toyota, and Ford, the bumper-to-bumper warranty on their cars basically last for 36,000 miles or three years.
What happens when the New Car Warranty Expires?
Once you have driven your car for as many miles as specified on your warranty, or you have had your car for the number of years listed on the new car warranty, that signals the expiration of the bumper-to-bumper coverage. This is when you should consider opting for alternative options.
Are you confused about how you should proceed once your new car warranty expires? Worry not because we have some solutions for you.
Tip Number 1: Schedule a Car Maintenance Regularly
The bumper-to-bumper warranty doesn’t expire in days, weeks, or even months. It lasts for years and several thousand miles. In that timeframe, you should get an idea of how to properly maintain your car and when to schedule maintenance. You can also get these details from the vehicle’s owner’s manual.
When you go out of your way to ensure that your car remains in optimal condition, only then will you be able to avoid expensive repair costs.
Tip Number 2: Initiate a Car Fund
Have you ever set up a savings account for an educational or a personal reason? Then why not extend the same courtesy to your vehicle? Initiating a car fund is like opening a savings account. Make sure to contribute regularly to this fund and you will get mental peace knowing that you have a substantial amount of money in case your car needs an urgent repair.
Tip Number 3: Buy an Extended Warranty
This might be the most helpful and efficient tip. An extended warranty protects your vehicle after the expiration of the new car warranty. While certain car companies offer their own extended warranties, it’s more affordable and easy if you buy one from a third-party seller. CARCHEX is a prominent prover of extended car warranties.
You can either purchase an extended car warranty after the expiration of the bumper-to-bumper coverage or before it expires. Getting an extended warranty while the manufacturer’s warranty is active can help you save some money.
When it comes to unexpected and emergency repairs, an extended warranty can help you save huge amounts of money. Let’s face it, no matter how diligently you get your car serviced, there’s no guarantee of when it will breakdown and require you to get it repaired and some of its parts completely replaced. So, prepare for anything and protect your vehicle with a warranty.
Tip Number 4: Get your Vehicle Insured
It goes without saying that insurance is capable of saving you from enormous expenses. There are various types of auto insurance that you can buy to protect your vehicle. Liability, collision, personal injury protection, comprehensive, gap, rideshare, etc. are some prominent examples. Moreover, certain states require you to get some of these insurance types, mainly liability.
While a new car warranty could protect your vehicle for a number of years, it’s important that you consider what would you do after it expires. There are tons of options available for you to keep your car protected even after it is no longer covered by the manufacturer’s warranty.