There are actually warranties that will cover any car, any year, not matter how many miles are on it. This being said most of the time it will only be a mechanical breakdown warranty and “wear and tear” will not be included. They cannot include “wear and tear” on a really old car because, let’s face it, there is already a whole lot of wear and a whole lot of tear on a 1970’s Chevy.
But the warranty can last as long as 36,000 miles and you can renew it as soon as it expires. Just one major breakdown and your warranty will pay for itself a few times over. There are other companies that will offer a more limited warranty for cars up to 175,000 or even 200,000 miles as well, and they are a little cheaper.
So once you look at your odometer you can find out which companies warranty will be best for you. Even though “wear and tear” coverage is typically not included on older vehicles, you can get full coverage on your engine, transmission, fuel pump, water pump, timing belt, and a ton of other major parts.
Some things to keep in mind:
- A high mileage car warranty will cost more because of the liability.
- Not all warranty companies will cover a car that has more than a certain number of miles on it.
- Make sure the car is in good working order because the vehicle will have to be inspected by the company to make sure it is worth it to them to cover it.
- Make sure it will be worth the cost of the warranty if the car is not worth much to begin with. You might be better off buying another car.
It can be hard to say goodbye to an old car that has been faithful to you for the last ten years, but the older cars get the more expensive they can get as well. Now, if you are a mechanic who loves to work on cars then you have nothing to worry about, but if you are serious about getting a decent warranty on your automobile then you will want to make sure the cost doesn’t break the bank.
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