Yes, you can always purchase an extended warranty after the manufacturer's warranty ends. Although most modern automakers have a clause requiring car owners to enroll in an extended warranty program before the manufacturer's warranty program ends. The main reason why car repairs are a financial stressor for drivers is that they often happen at the least convenient times possible. The warranties do not cover oil changes, brake work, tires or other “wear items”, that is, things that are subject to wear and tear.
This means that any repairs that need to be performed, even if it has been 1 day or 1 mile since the expiration date, will not be covered by Chevrolet, Lexus, BMW or any other manufacturer of your car. Warranty length varies by manufacturer, but many offer three-year or 36,000-mile warranties, whichever comes first. The National Auto Club offers a vehicle service contract that combines warranty protections with additional services such as battery replacement, travel reimbursements and rental car coverage. But like the financing they offer, dealers tend to increase the cost of extended warranties to make a profit.
Extended warranties generally don't cover routine maintenance, such as oil changes or items that wear out, such as brake pads. The specific terms of the contract, fees, taxes, charges and other charges are determined upon validation of the vehicle information and the supplier's acceptance of the extended warranty, and CARCHEX is not responsible. However, on the other hand, if you plan to keep your vehicle beyond its original warranty term, or as some say, “until the wheels fall off, then having an extended warranty (also known as a “vehicle service contract”) makes perfect sense. As seen below, CARCHEX's five Extended Vehicle Protection Plans offer affordable rates and excellent service standards.
If you're a driver who likes to own a new car every few years and sells or changes the old model while it's still under factory warranty, an extended warranty may not make little or no sense to you. Over the years, I've talked to hundreds of car buyers and found that the decision to buy an extended warranty is very personal and quite emotional. When you buy a new car, it comes with a manufacturer's warranty that covers most parts that could break down during the first few years due to normal wear and tear. When deciding whether or not to buy an extended car warranty, it's all about the likelihood of your car breaking down and how much it would cost you if it did.
CARCHEX markets and sells extended warranties on behalf of third-party extended warranty providers, and your extended warranty will be between you and the supplier.