A brand new car may be slightly more expensive than a used car, but it definitely has its advantages. Using a brand new car in itself is an unparalleled experience. A used car may have small damages and worn out parts. Moreover, the price difference between the two is somewhere between 30 to 50 percent. The longevity of a brand new car depends on the usage and so, you can get your money’s worth by investing in a new car and maintaining it.
Another advantage that comes with a new car is the new car warranty. If you are splurging on a new car, a good warranty is definitely a must. A warranty is a great way to budget how much your expenditure on the car is going to be. If you get a warranty that covers the maintenance of your car for a longer duration of time and miles, you will certainly have an advantage.
Car warranty: What you need to know
Generally, a car warranty lasts either 36,000 miles or three years, whichever comes first. Some others even offer a warranty for 50,000 miles or four years. There is again the additional warranty that you can opt for that covers the powertrain on the engine, axle systems, and transmission.
New cars even come with free maintenance to assure that the cars are running in the best possible condition. This offer is one you must keep in mind as it is beneficial for the long run of the car.
Keeping in mind the different types of car warranties offered by automakers, here are some of the best brands that you can opt for.
Best to the worst warranties offered by automakers
- BMW: 50,000 miles or 4 years overall warranty, Power train: 50,000 miles or 4 years, Maintenance: 36,000 miles or 3 years
- Lexus: 50,000 miles or 4 years overall warranty, Power train: 70,000 miles or 6 years, Maintenance: 10,000 miles or 1 year
- Infiniti: 60,000 miles or 4 years overall warranty, Power train: 70,000 miles or 6 years, Maintenance: No maintenance
- Jaguar: 60,000 miles or 5 years overall car warranty, Power train: 60,000 miles or 5 years, Maintenance: 60,000 miles or 5 years
- Mitsubishi: 60,000 miles or 5 years overall warranty, Power train: 100,000 miles or 10 years, Maintenance: No maintenance
- Hyundai: 60,000 miles or 5 years overall warranty, Power train: 100,000 miles or 10 years, Maintenance: No maintenance
- Volkswagen: 72,000 miles or 6 years overall warranty, Power train: 72,000 miles or 6 years, Maintenance: No maintenance
- Chevrolet: 36,000 miles or 3 years overall warranty, Power train: 60,000 miles or 5 years
- Mercedes: 50,000 miles or 4 years overall warranty, Power train: 50,000 miles or 4 years
- Ford: 36,000 miles or 3 years overall warranty, Power train: 60,000 miles or 5 years
- Toyota: 36,000 miles or 3 years overall warranty, Power train: 60,000 miles or 5 years
- Nissan: 36,000 miles or 3 years overall car warranty, Power train: 60,000 miles or 5 years.