With the global pandemic affecting everyone in the most devastating way, more and more people are becoming increasingly practical when it comes to spending their hard-earned money. A lot of people are tightening their belts when it comes to spending and opting to purchase used cars.
Although the pandemic has taken a toll on the economy, the crisis paved a way for certain businesses to boom. With people being cautious about spending money on big investments such as vehicles and manufacturers not being able to send new cars to their dealers, is the reason why you can see a lot of used cars selling like hotcakes.
What is Powertrain Warranty
Before we go into what a powertrain warranty is, let’s first dissect what comprises a powertrain. Basically, in order for your car to move, you need an engine, transmission, and drivetrain. These are the most standards parts that make up your powertrain.
A powertrain warranty covers the parts that make your car move. If you’re not sure if a certain part of your car is included in the powertrain warranty, just ask this simple question to yourself “Will this part make my car move?” – If the answer is yes then it is included in the powertrain warranty coverage.
Do You Need a Powertrain Warranty?
Well, we’re here talking about saving money and being practical, given what has been said, you really need a powertrain warranty especially if you have a pre-owned vehicle or an older car. Powertrain warranties are not a waste of money; in fact, this warranty will help you in case your car breaks down or refuses to start. Powertrain warranties will help you save money against expensive repairs. To which provider you’re going to be purchasing it from, it all boils down to whether your Hyundai car is brand new or pre-owned.
Is The Hyundai Powertrain Warranty Transferrable?
Yes! But there is a catch when you have a Hyundai Powertrain Warranty. Hyundai’s powertrain warranty offers a 10 year/100,000 miles coverage. It protects against repairs and car part replacements of the powertrain components. Although the warranty is transferrable, it doesn’t automatically transfer to the next owner, instead, the warranty is reduced to 5 years/60,000 miles. The 10 years/100,000 miles warranty only applies to the original owner. The parts used and the service center chosen should always be Hyundai approved.
This is why most Hyundai drivers prefer purchasing an extended car warranty with third-party providers because third-party providers don’t discriminate the length and mileage of the warranty with the type of owner, whether original or second hand.
Extended Car Warranty
We all know how extended warranties work. They extend the coverage of a warranty not just with the length and mileage but they cover more parts than the factory warranty does. You get a variety of protection plan options when you buy an extended warranty for used cars.
Peace of mind that is dead set against expensive repairs is the primary benefit when purchasing an extended car warranty.
A-Protect Warranty is one of the third-party providers that offer higher quality coverage. The powertrain coverage covers powertrain component failures such as the engine, transmission, transaxle, towing, and even trip interruption. You can choose from their 7 warranty package options starting from a Bronze Package warranty to a Luxury Plus Package warranty.
Aside from the standard powertrain warranty, you can choose to add coverage to your warranty plan. The additional protection plans are unlimited km, 4×4/AWD, seals & gaskets, turbo/supercharger, air-conditioning, electrical, hi-tech, fuel systems, wear & tear, cooling systems, front suspension, power steering, car rental. GPS & backup camera, supplementary parts, and brakes.
Is the Hyundai Powertrain Warranty good for second and third-hand car buyers? Unfortunately, no, since the warranty is automatically reduced to 5 years/60,000 miles regardless if you’re still in the early year of the warranty.
If you’re planning to sell your Hyundai vehicle and be able to take it off the market as soon as possible, then you should buy an extended car warranty to supplement your deal. This way, not only are you passing on the ownership of your well-loved vehicle but you’re also transferring peace of mind.