Auto warranties are now considered to be one of the standard features that are included with every new car sold in North America. However, what is included and covered in a new vehicle warranty can vary significantly between the different car companies. You will need to understand the basics of new car warranties and what they cover before you will be able to compare one warranty to another. It is important to keep in mind that a good new vehicle warranty can add residual value to a car.
The easiest variable to start looking at would be length of the warranty. Warranties traditionally are set up to last at least the first three years or 60,000km of a new vehicle’s life. Whichever milestone is reached first will then terminate the new car warranty. Some Automakers believe in their product so much that they will offer 10 year or 160,000km warranty on specific parts like the vehicles engine and transmission.
You should also be clear on all of the terminology that the warranty references. For example the term Bumper to Bumper means everything except items that are routinely replaced by wear after a given period, such as oil, tires, wiper blades and brake pads. Your Bumper to Bumper coverage might exclude your vehicles power train because there is usually a separate warranty for those items.
The separate Power Train warranty will then cover the parts and systems that make the vehicle move. This includes the engine, transmission and drive train components like transfer cases and differentials. This second warranty may be offered for a longer period of time then the Bumper to Bumper warranty and can have its ownership transferred to another owner if the vehicle is sold while still under warranty.
Peterborough Mitsubishi is so confident in the quality, reliability and durability of their vehicles that they back every new model sold today with some of the most comprehensive warranties available. Contact their sales department today at 705-748-5050 to learn more about their 10-5-5 Warranty package that will offer you piece of mind for years to come.