What Does a Used Car Warranty Cover?

January 19th, 2023 by

Are you considering purchasing one of our well-maintained used cars but want to know if it’s covered by a warranty before you make your decision? Perhaps you already have a pre-owned vehicle and you’re looking at your used car warranty options. Whatever your situation may be, it’s important to have a clear idea of the types of coverage on offer for your used crossover or truck because choosing the right type of warranty can help you save money on auto repair bills. Here’s a quick overview of the types of used car protection plans on offer.

What Is a Used Car Warranty?

A used car warranty can refer to several things. First of all, it may mean that a used car still has some of its factory warranty left when a person buys it from a pre-owned vehicle showroom. A used car warranty may also be a certified pre-owned (CPO) vehicle protection plan. Finally, a used car warranty can describe an extended warranty that you purchase from a dealership or other provider to prolong the coverage once the factory warranty expires.

Here at Eskridge Chevrolet, we offer Oklahoma City drivers a range of extended warranty options. We’ve got a good selection of CPO Chevy vehicles in our showroom that are sold with a used vehicle warranty. In addition, some of our used cars are still covered by their factory warranties. All of these warranties can help cover the cost of repairing defective parts or poor workmanship when you have the work done at our Chevy service center. However, each type of warranty offers a different level of coverage for your vehicle.

What Types of Factory Warranties Are There?

All new vehicles sold at dealerships come with a factory warranty. In many cases, this warranty consists of a three-year, 36,000-mile limited warranty and a five-year, 60,000-mile powertrain warranty. The limited warranty provides coverage for malfunctioning parts and damage caused by poor workmanship on your vehicle’s major mechanical and technology systems. The powertrain warranty includes coverage for your car’s core systems, such as the engine, transmission, and driving axle.

Some other factory warranties provide coverage for more specific aspects of your vehicle. A corrosion warranty provides protection against rust damage to your vehicle’s bodywork or parts for a fixed period of time. If you purchase a new electric vehicle, its battery will also be covered with a battery warranty.

Keep in mind that warranties typically exclude routine maintenance from their coverage. This means that oil changes, tire rotations, fluid refills, and similar tasks aren’t covered. There are exceptions to this rule, including in some CPO programs that offer several complimentary maintenance appointments.

What Is a CPO Warranty?

Many automakers run a CPO program, which is designed to guarantee higher quality standards among the used cars sold by dealerships. To be considered a CPO vehicle, a used car needs to pass an extensive multi-point inspection conducted by a trained mechanic, who will carry out any repairs or reconditioning to make sure the vehicle is in good condition. The manufacturer backs its CPO vehicles with a warranty, which varies depending on the terms of the manufacturer’s CPO program.

For example, Chevy’s CPO program allows you to purchase a used Silverado 1500 or a pre-owned Travis from our Oklahoma City showroom. To qualify, the vehicle has to be no more than 6 model years old and have no more than 75,000 miles on the odometer. If the candidate car meets these requirements, it goes through a 172-point inspection performed by one of our technicians.

Chevy also backs all its CPO vehicles with a six-year, 100,000-mile powertrain warranty and a 12-month, 12,000-mile bumper-to-bumper warranty. The powertrain warranty runs from the original in-service date. This means that if your CPO Equinox is 3 years of age, you’d have another three years of powertrain coverage. The bumper-to-bumper warranty runs from the date you buy the CPO vehicle and is added to any remaining limited factory warranty.

Benefits of Extended Warranties

If your car or SUV doesn’t have a CPO warranty and its factory warranty has expired, you can still get coverage by purchasing an extended warranty. These plans allow you to choose how long you want the coverage to last and the extent of the protection. For instance, you could choose to purchase a one-year bumper-to-bumper extended warranty or a three-year powertrain extended warranty. One of the main advantages of purchasing this protection is that you could save yourself the trouble of paying an expensive repair bill as your vehicle gets older.

Another benefit of an extended warranty is that it can be transferred to a new owner in the event you sell your car. You may find that you can get a better price when selling your used vehicle if it has a warranty, since potential buyers will recognize the added protection it offers them.

Why You Should Rely on Eskridge Chevrolet for Your Extended Warranty

Whether you’re looking to purchase one of our CPO vehicles or an extended warranty, you can depend on Eskridge Chevrolet to provide you with coverage that’s easy to understand and that gives you high-quality repairs. If you’re looking for a professional service center to carry out work covered by your factory warranty or extended warranty, our Chevy-certified mechanics have the expertise and equipment to get the job done.

If you’re buying a used car from our showroom with one of our competitive auto financing deals, our finance team can agree on a loan package with you that includes the additional cost of an extended warranty. This’ll allow you to cover the cost of purchasing your vehicle and the warranty in one easy-to-manage payment plan.

If you still have questions about the different types of used car warranties or whether something is covered by your warranty, feel free to contact us today. Our service team here at Eskridge Chevrolet will endeavor to provide you with expert advice, professional vehicle maintenance and repairs, and a friendly customer service experience. We hope to welcome you soon to our Oklahoma City service center.

 

Chevrolet Suburban LT 2016 by RL GNZLZ is licensed with CC BY-SA 2.0

Posted in Used Cars