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New cars usually come with a manufacturer's warranty. An extended car warranty cannot be transferred from an old vehicle to a new vehicle. However, it can be transferred to a new owner, if you are selling your car within the warranty period. Make sure that the terms of transfer are mentioned in the contract when you are purchasing an extended warra

Yes, it is possible to get an extended warranty on a used or pre-owned cars. In some cases, the sellers of the car may be willing to transfer the extended warranty over to you. However, it is often advised to refrain from purchasing an extended warranty on used cars as the price of the warranty may be a lot more than the actual fixing cost you may

There are three main extended car warranties namely powertrain, named component and bumper-bumper. A powertrain warranty covers your cars powertrain systems such as transmission, engine, seals, gaskets, axles, transfer case and drive shafts and are typically set for five years or 50,000 miles. The named component covers a pre-decided list of compon

There are three major factors determining the cost of an extended car warranty. The first determining factor is the type of car. The warranty for a high-end car would be way more as the maintenance is more expensive. The second factor is the age and mileage of the car. The higher the mileage, the higher is the cost of the extended car warranty. How

An extended car warranty comes into the picture when the manufacturer's warranty expires. By answering a single most important question, you can determine if you require an extended car warranty. You need to ask yourself how long you want to keep the car. If you intend to keep it longer than five years without doing a trade-off, an extended car war

Extended warranties on new cars can be canceled if your contract says so. While some contracts offer a pro-rated or partial refund with respect to the time and distance driven, there are some that offer refunds or outright cancellation, provided the cancellation is made within 30 days of purchase. The process, although simple, may take longer to pr