Extended warranties come in all shapes and sizes. Some offer powertrain only warranties, while others offer bumper-to-bumper warranties. Here are some of the different kinds available.
- Luxury Coverage
This probably the most comprehensive warranty available for purchase. It covers your vehicle bumper-to-bumper including some familiar luxury items like emissions systems, GPS/navigation, DVD/entertainment equipment, phone and internet access systems.
- Bumper to Bumper (or Exclusionary)
This is the recommended auto warranty. You have little to concern yourself with because your vehicle is literally covered from bumper to bumper. �Exclusionary Warranties� cover almost everything. They send you a list of what is not included because it�s a much shorter list than what is included. If it isn�t on the list, it�s covered!
- Intermediate (or �Named Component�)
This coverage is good for vehicles with things like anti-lock braking systems or turbo. It provides a little more than the basic warranty coverage. Be careful, some dealers falsely refer to �Named Component� policies as �bumper-to-bumper� policies when they are not.
- Big Ticket Item Coverage
These policies cover the major parts on older, used vehicles. They may not cover things like �wear and tear� items, radiators, turbo, etc.