Extended
warranties are designed to lengthen the standard warranty up to as much
as six years. They are available with time and mileage variables that
can be selected to meet your specific needs. Many of the extended
warranties require you to pay a preset deductible amount every time the
vehicle is repaired. The number of components covered varies. You should
read the covered component list prior to purchasing the warranty, as
some important components may be excluded. Any service or part not
listed in the contract is not covered, even if the salesperson says it
is. Extended warranties are supplemental agreements between you and the
dealer, or the independent insurance company.
Certain
restrictions apply to all policies, so read the contract carefully.
Check the deductible amounts, the covered components, the length of the
contract, any towing and rental reimbursement, transferability to
subsequent owners, any exclusions and the repair authorization
requirements. Extended warranties do not cover the expense of routine
maintenance or damage covered by accident or abuse.
What are Warranties on Used Vehicles?
In
the past a warranty on a used vehicle was unheard of, unless you
managed to purchase a vehicle while it was still covered by its original
manufacturer's warranty and that warranty was transferable. However, in
today's market there are many two or three-year-old used cars available
due to individual leased cars, company cars, and fleet cars being
turned in after their lease expires. As an incentive our dealership
offers extended warranties on the used vehicles that we have brought up
to mint condition and limited warranties on used cars in not so perfect
condition. The price and coverage of these warranties varies based on
coverage desired and length of contract. Visit with one of our
qualified finance managers to discuss the options available.
If you have a LandCar Warranty?
Have
you purchased a LandCar Warranty, Maintenance Program, or GAP insurance
policy and need to get in touch with them? Follow this link to contact
them directly.