What is the difference between an extended auto warranty and a lifetime warranty?

Different types of vehicle purchases will result in different types of warranties for the car, truck, SUV or jeep that you bought. Manufacturer warranties come with the purchase of a new vehicle and provide bumper-to-bumper or power train coverage. Bumper-to-bumper protection covers all factory installed components and generally lasts for three years or 36,000 miles, whichever comes first. Power train coverage is limited to the engine, transmission and transaxle and the drive system. This coverage usually lasts for approximately four years or 50,000 miles.

The purchase of a used vehicle gives you an opportunity to purchase a vehicle service contract (extended auto warranty) to protect the vehicle after the original manufacturer’s warranty has expired. The cost of the premium will depend on the age and condition of the vehicle and require you to properly maintain your vehicle. There are many different types of plans an individual can choose from to best suit the automobile. Therefore, take some time to sit down with a representative from WarrantyNation.com to pick out the best extended auto warranty for your vehicle.

Some dealers will try to push you into purchasing a lifetime warranty when you buy a used vehicle. The title suggests “forever” and also suggests full coverage while you own the vehicle. However, it is vital to be careful when purchasing a lifetime warranty.

The dealership you purchase the lifetime warranty from has the power to establish exact criterion for the warranty. These warranties are usually non-transferable and all work on the car must be done at that specific dealer. If you have a mechanic you prefer to have work on your vehicle you must have that source approved by the dealer first before work is done. Otherwise, the repair work will be 100% out-of-pocket. Lifetime does not necessarily mean forever in these cases. The term may only apply to a specific number of miles. Take the time to carefully read the fine print of the contract before signing anything!

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Vehicle Protection Association Disclosure Statement

A vehicle service contract (VSC) is often referred to as an “extended warranty,” but it is not a warranty. A VSC does, however, provide repair coverage for your vehicle after the manufacturer’s warranty expires. A VSC is a contract between you and a VSC provider or administrator that states what is a covered repair and what is not. WarrantyNation.com is a marketer of VSCs and does not sell warranties. VSCs sold by  WarrantyNation.com are agreements between consumers and third party VSC providers, not WarrantyNation.com.

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