What is covered under the specifics of a Car Warranty?
Automakers have been offering warranties for decades now, but it wasn’t until South Korean giant Hyundai started offering a 10 year/100,000 mile warranty that things got really competitive among automakers. Now Chevrolet, Mitsubishi and Suzuki all offer their own 100,000 mile programs. But even if you don’t buy from one of these brands, you can still get that length of coverage by buying an extended warranty. As long as people have been selling cars, they have also been breaking down. While it is unclear who offered the first automobile warranty, it is known that, as recently as the 1980s, most automakers only offered a 12 month/12,000 mile factory warranty on their new vehicles. For example, the Hyundai does have a 10-year, 100,000-mile powertrain (engine and transmission) warranty—but you can only use it as the first owner. According to Hyundaiusa.com, the second owner will only “have powertrain components coverage under the 5-year/60,000 mile New Vehicle Limited Warranty.” That mean
