Do I Need An Extended Warranty?
Although, an extended warranty isn’t the right choice for everyone. Some warranty plans are expensive, and some people don’t plan on keeping their car for a long period of time. There are many things to consider before committing to an extended warranty.
Things To Consider
A Mopar Extended Warranty will help cover the cost of certain repairs to your vehicle when the manufacturer’s warranty expires, although they’re not for everyone. These warranties can be very helpful, but if your vehicle is older and has a lot of miles on it, it may not be the best option for you.
When you buy a new car, you probably won’t need to use an extended warranty immediately because the Manufacturer Warranty covers the cost of most repairs for the first few years you own the car.
If you buy a used car from the dealer, it most likely won’t be covered under the manufacturer’s warranty. If the vehicle is no longer covered by the manufacturer warranty or you want extra coverage after it expires, an extended warranty is probably a good idea for you. Most of the time your dealer will allow you to add the cost to your total price or auto loan.
If you purchase a CarFax Report, it can help you determine the age, miles and previous warranties on the vehicle. This information can help you determine the duration and terms you want and are able to purchase.
Repairs can be costly when you’re paying out of pocket, which is why an extended warranty is a great option. They can offer you peace of mind when it comes to needing repairs done to your vehicle.
What Do Extended Warranties Cover
Extended warranties can cover key parts of your vehicle like the engine, transmission, gaskets, and axles. If you maintain the necessary upkeep and the part fails due to verifiably flawed workmanship, defective materials, or malfunctioning systems, coverage will apply.
Some extended warranties include roadside assistance, which includes towing, bringing a gas tank, assistance with flat tires and dead batteries. Your extended warranty might also offer Trip Interruption Protection so you can get reimbursement for a rental car or hotel cancelations.
Maintenance and wear and tear damage are not covered by extended car warranties. Failure to perform routine maintenance may result in voiding the warranty.
- Warranty Duration and Mileage Limits
- Warranties typically have a duration measured in years (e.g., 3, 5, or 10 years) or a mileage limit (e.g., 36,000, 60,000, or 100,000 miles), whichever comes first. Some warranties offer both duration and mileage limits, allowing you to reach the limit sooner if you exceed the mileage restriction.
- Exclusions and Limitations
- Warranties may exclude regular maintenance items like oil changes, tire rotations, and brake pads. Wear and tear, accidents, improper use, and modifications are usually not covered. Certain parts, such as batteries or tires, may have separate warranties from the manufacturer.
- Some warranties are transferable to subsequent owners, enhancing the vehicle’s resale value. However, the warranty may require a transfer fee and specific conditions to be met for the warranty to remain valid. Knowing How To Transfer A Car Warranty To A New Owner is an important step in this process.
- Required Maintenance
- Manufacturer warranties often require following recommended maintenance schedules, using authorized service centers, and keeping records to validate claims. Failure to adhere to these requirements can void warranty coverage.
What Are The Different Extended Warranty Plans?
The information below lists the different Mopar Vehicle Plans and what they cover. Depending on your dealership and your car model, other plans may be available. These warranties have different coverage and terms and it’s up to you to determine which extended warranty fits your needs best. If you’re unsure on which option will be best for you, you can always talk to a warranty specialist.
- Maximum Care. The Maximum Care Warranty extends your Dodge, Chrysler or Jeep’s powertrain and basic component coverage beyond the 3-year/36,000-mile manufacturer’s warranty and covers more than 5,000 components, providing virtually complete mechanical coverage for your vehicle. Maximum Care is available with a variety of terms.
- Added Care Plus. The Added Care Plus plan is for new vehicles, including those already covered by a powertrain warranty from the manufacturer. You can add this coverage as long as you are still within 48 months of your vehicle’s in-service date and have accrued less than 48,000 miles. You can choose from a lifetime plan as well as other plans that range from five to eight years and from 60,000 to 125,000 miles.
- Powertrain Care. Powertrain Care extends your Dodge, Chrysler, Ram or Jeep’s powertrain warranty beyond the 3-year/36,000-mile manufacturer’s coverage. It covers more than 300 components, including your engine, transmission and driveline.
- Road Hazard Tire And Wheel Protection. The Road Hazard Tire And Wheel Protection plan provides coverage for all four tires and wheels that are damaged due to a road hazard condition for both factory and aftermarket tires and wheels.
Other added benefits include car rental allowance, trip interruption protection, roadside assistance and towing.