What is a used car warranty?
An extended vehicle warranty is a way for you to pass the risk of your vehicle suddenly or unexpectedly suffering a mechanical or electrical failure to a covered component on to someone else.
An extended vehicle warranty has traditionally been a product that was sold or given away by the motor dealer at the same time as the used vehicle was purchased. Typically manufacturer warranties cover the vehicle for the first three years of its life. After this cover expires, you are on your own.