What is an extended warranty or vehicle service contract?
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An extended warranty or service contract on your vehicle pays the costs of some repairs, above what the manufacturer’s warranty covers or after the manufacturer’s warranty ends.
Extended warranties and vehicle service contracts typically exclude routine maintenance such as oil changes and tire replacement.
What should I consider if I am offered an extended warranty or service contract?
Before you agree to purchase an extended warranty or vehicle service contract, consider the cost of the warranty, what costs are covered and excluded, how long you plan to own the vehicle, and how you plan to use it. You might find that the coverage is not worth the additional cost.
You have the right to cancel an extended warranty or vehicle service contract at any time and end the coverage.