A Simple Plan: Automobiles

Two Types of Extended Auto Warranties

An extended warranty is essentially an insurance policy on your car that provides protection against costly unexpected repairs within a particular span of time and mileage. True warranties are automatically included in a vehicle purchase, while extended auto warranties are a separate product.

Two Types

Original equipment manufacturer (OEM) and aftermarket are the two mind types of extended warranties available today. Examples of OEMs are Chevrolet and Ford. Warranty or insurance providers having no direct connections with a car brand are considered third parties. One example of a company that provides third-party service warranty is Cars Protection Plus.

OEM Warranties

Powertrain and bumper to bumper are two kinds of OEM-provided warranties. A powertrain warranty covers your engine and transmission against workmanship-related problems, while a bumper to bumper warranty takes care of most other issues, including those involving electronic systems in the car (power seats, onboard computers, etc.).

An extended OEM warranty generally has features that are similar to the benefits offered by a new vehicle purchase, but with the addition of other services like roadside assistance. Know what these other services are with different providers in your area. For example, in Murrysville, Pennsylvania, … Read more

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At this point, as I mentioned, it has been on my daily driver for five years 46,457 miles, and sat in storage at one point for six months straight when I put my car in a garage while I left for a long term contract. It did start to fail after a year or so and got progressively worse.

Although electric car owners don’t have to worry about their fuel pump and fuel injectors going bad, one of the drawbacks they face is the car charge time. A Chevy Volt takes up to 10 hours using a 120 volt outlet, and about 4 if you have access to a 240 volt supply. A Nissan LEAF takes about 7 hours to reach a full charge on a 208-240V home charging station. They say most people will charge their LEAF overnight at home similar to a cell phone”, but in time they … Read more