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Not All Repairs are Covered: Just like with the initial warranty, not everything is covered with the extended warranty. Routine wear and tear, including tires, aren't a part of the deal so check carefully to see what is and isn't covered.

You can buy an extended auto warranty directly from either a vehicle manufacturer or a third-party warranty company. Extended warranties from independent companies typically feature a wider range of coverage options and more flexible payment terms.

You can buy extended warranties from auto dealers, vehicle manufacturers and independent companies. Dealers often suggest purchasing an extended warranty when you buy a car, but you can buy one at any time.

Just about any warranty should be transferable because it is what buyers paid for. ?It really goes with the product, it doesn't go with the person,? says Cooper. When you are in the homebuying process, be sure to ask questions about warranties and whether they can be transferred.

In general, an extended warranty can be used following a 30-day or 1,000-mile wait period. Some providers offer alternative waiting periods depending on driving habits, such as 60-day/500-mile or 90-day/200-mile waiting periods, and certain ?no-wait? plans exist, but they're exceedingly rare.

However, having a transferable warranty does mean that the current owner of the home can transfer the warranty to the next owner. While a non transferable warranty can potentially increase the value and appeal of the home to potential buyers, it is not typically a make or break and shouldn't directly affect you.

You can buy an extended auto warranty directly from either a vehicle manufacturer or a third-party warranty company. Extended warranties from independent companies typically feature a wider range of coverage options and more flexible payment terms.

Most often, you can begin using your extended warranty after 30 days or 1,000 miles. What Does the Waiting Period Entail? Providers watch to see if customers' vehicles show signs of pre-existing conditions. If the vehicle comes through with no issues, coverage begins.

If the covered property changes ownership prior to the expiration of the contract, the Contract Holder may call 1-800-862-6837 to transfer coverage to the new owner for the remainder of the current contract term.

The original homeowner may transfer the warranty to a new homeowner within the one year period after installation. In the case of a builder and new construction, the builder can sell the home within one year of installation and the warranty will transfer to the new buyer.