Should You Buy An Extended Warranty?

If your head is spinning with auto warranty decisions, worry not. You’ve probably heard all the hoopla concerning Hyundai’s America’s Best Warranty. And, you’re probably wondering what’s so special about it, and why you may even want to consider an extended warranty for your Hyundai that stretches beyond the basic 10-Year/100,000-Mile Powertrain Protection and other limited warranties.

What is America’s Best Warranty from Hyundai, and what does it take care of?
Hyundai’s standard 10-Year/100,000 Powertrain Protection Warranty only handles the repair or replacement of powertrain elements including selected engine, transmission and transaxle parts. This basic warranty is helpful mainly because powertrain parts can typically result in some of the most pricey fixes. The extra ordinary warranty, Hyundai’s 5-Year/60,000-Mile New Vehicle Limited Warranty, will cover fix or replacement of the most of the rest of the vehicle’s components so long as they were initially placed by Hyundai.

Exactly what does an extended warranty cover?
An extended warranty should be considered when you want bumper-to-bumper protection that lengthens beyond the standard 5-Year/60,000-Mile coverage provided by Hyundai. It might be very hard to put a price on comfort, but it surely might just be justified to invest in the warranty so you don’t need to panic about forking over money for out-of-pocket costs for a blown fuel pump at 62,000 miles.

Moreover, some vehicle parts are not taken care of for the total span of the 5-Year/60,000-Miles of Hyundai’s New Vehicle Limited Warranty. To provide an example, the radio and audio systems are simply covered for 3 years/36,000 miles. Repairs when dealing with these systems could be pricy. Extended warranties could also be very helpful in assisting with the repair or replacement of your vehicle’s entertainment system beyond the restricted coverage of the manufacturer’s normal warranty.

What does it mean to transfer your warranty, and should you do it?
Do you want to drive a car for over ten years? Remember that the Hyundai 10-year/100,000 Powertrain Protection is not transferrable to subsequent car owners. Second car owners or subsequent owners can only possess powertrain coverage under a 5-Year/60,000 Mile New Vehicle Limited Warranty.
However, a number of extended warranties are transferrable to the second owners. This can actually help to increase the re-sale worth of your vehicle if you do not plan to keep the automobile for the entire length of the warranty.

To learn more about whether or not you could benefit from extended warranty coverage for your new vehicle, consult your local Hyundai dealer.

Mikey Boccanfuso writes for offering advice, tips, and helpful hints on shopping for a new car and owning a car.