Yes, you can purchase an extended warranty for a pre-owned vehicle. You can buy coverage directly from a dealer when you purchase your used car or through a third-party warranty provider at any time. These plans, often referred to as “extended warranties” by third-party vendors, are actually vehicle service contracts and can help your old car pay for itself after the first repair visit. Customers receive additional benefits, such as roadside assistance, trip interruption benefits and car rental coverage for the duration of their warranties.
Endurance's extended warranties also include a free year of Elite benefits, which include benefits such as reimbursing the collision deductible, replacing lost or broken key rings, periodic maintenance, such as tire rotation, and tire repair or replacement. CarShield offers vehicle service contracts, better known as extended warranties, that are designed to cover auto repair costs resulting from mechanical problems. Hyundai and Kia factory warranties offer 100,000 mile powertrain coverage as part of the purchase of a new car. These extended warranties of unlimited miles cover 25 to 75 percent of common repairs.
However, vehicle service plans are offered by auto insurance companies, while extended warranties are generally sold by dealers or third-party companies. Those who drive older cars should consider getting extended warranties in unexpected cases to avoid paying bills out of their own pockets. For more information, see the WalletHub guides on insurance against mechanical breakdowns and extended warranties. An important difference between classic car warranties and standard extended warranties is that classic car warranty coverage periods are typically much shorter.
Because some of its extended car warranties can last up to 300,000 miles, CarShield offers warranty coverage that ranges from comprehensive to basic levels. Most extended warranties from car manufacturers or dealerships tend to limit when you can purchase this type of coverage option. Used car warranties from outside companies are one way to get coverage if your vehicle's original factory warranty has expired.