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Manufacturers usually require that you purchase an extended warranty on the day the vehicle is purchased or before the factory warranty expires. Third-party contracts can be purchased for new or used vehicles at any time. Some third-party provider coverage extends up to 250,000 miles.

Vehicle service contracts, often referred to as extended warranties, are a tempting option for consumers who buy a used car or for those who want to extend the bumper-to-bumper coverage on a new car. These are typically included with certified pre-owned cars sold by dealerships, along with an extensive inspection.

You can purchase an extended auto warranty at any time, although waiting until the original factory coverage has expired will generally mean paying a higher premium rate. The most advantageous time for purchase may be near the end of the original warranty term.

You can purchase an extended auto warranty at any time, although waiting until the original factory coverage has expired will generally mean paying a higher premium rate. The most advantageous time for purchase may be near the end of the original warranty term.

When it comes to the long-term cost of your car, extended warranties are generally ?a bad deal,? says Gillis. In a Consumer Reports survey, 55% of people who purchased an extended warranty never touched it. Among those who did use the warranty, most saved less on repairs than they paid for the contract.

You can even purchase an extended warranty after the manufacturer warranty expires, although the price will go up considerably.

You can purchase an extended warranty through a dealership or a third-party warranty company that specializes in extended vehicle protection. Dealership extended warranties are purchased directly from an auto dealership or manufacturer.

An extended auto warranty is a service contract that covers car repairs beyond the time period of a manufacturer's warranty. These warranties typically cover the costs to repair or replace electrical or mechanical problems that are not covered by manufacturers' warranties.

Once your warranty expires, it'll be up to you to pay for repairs. Now might be the time to break from your manufacturer's service schedule found in your manual, and tighten up the intervals between inspection and maintenance appointments.

If you keep or lease your car for less than the length of your factory coverage, you do not ? repeat, do not ? need an extended warranty. If you plan on keeping your car until the wheels fall off, you might consider buying an extended warranty to cover repairs in the car's fifth and sixth year or longer.