5 things to know about used car warranties (aka extended service contracts) #carwarranty

Used Car Warranty Guide: What to Check Before You Buy Buying a car warranty for a used car should protect you, not leave you with a $10,000 repair bill. Before you choose any extended car warranty, make sure you understand these key points. Check the coverage terms. Not every used car warranty covers major repairs like engine or transmission failure. Always review what is included and what is excluded. Look at the length of the warranty. Pay attention to both time and mileage limits so you know exactly how long your protection lasts. Understand the deductible and out-of-pocket costs. Even the best car warranty plans often require you to pay something when repairs are needed. Confirm where you can get repairs. Some extended warranties restrict you to certain shops, which can be inconvenient. Research the warranty company’s reputation. Read reviews and customer feedback before buying any used car warranty or vehicle service contract. Most important, read the contract carefully. The details in your car warranty agreement determine whether you’re actually covered when something goes wrong. A good used car warranty can save you money, but only if you know exactly what you’re buying.