Many people who buy aftermarket warranties for their cars wonder if the warranty will cover the high automatic transmission repair cost in Grand Rapids, MI. Some warranties do offer sufficient coverage, and some do not. It depends on the type of warranty purchased. In this article are discussed the different types of extended auto warranties.
Bumper to Bumper
Despite its name, a bumper to bumper warranty does not cover everything from front to back, and it doesn’t cover the actual bumpers. However, these warranties offer the highest available level of coverage, and they can only be bought for vehicles with less than 50,000 miles. A bumper to bumper warranty is typically expensive because it provides wide coverage.
This type of warranty covers just what the name implies. In rear wheel drive cars, the powertrain includes the axles, differential, driveshaft, transmission and engine; in front wheel drive vehicles, it includes the engine, half shafts and transaxle. A powertrain warranty covers parts that are the most costly to repair, and this type of coverage is usually bought by owners of higher-mileage vehicles because it is less expensive.
Stated Component Warranty
These warranties only cover listed vehicle parts. Also known as an inclusionary warranty, these cover most larger parts, as well as some small ones. The best thing about a stated component warranty is the lack of “gray areas.” If it’s not listed, it’s not covered. Owners of cars with 50,000-100,000 miles usually choose this type of coverage because it is more extensive.
Once you know how much your vehicle is worth, and you know how much coverage you need, it’s time to start looking for coverage. Visit the websites of Bob’s Transmissions or several different providers to compare pricing, coverage levels and offerings. Read the contract carefully, so you know just what’s covered – and what isn’t.
Vehicle repairs can be expensive, there’s no doubt about it. An extended warranty can help you cover automatic transmission repair Cost in Grand Rapids, MI. By bringing your car to Bob’s Transmissions and by learning about the different types of coverage that are available, you can get what you need without spending too much.