What is the Value of a Hyundai Extended Warranty?

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Hyundai Extended Warranty

Hyundai Extended Warranty

You’ve probably heard the hype surrounding Hyundai offering America’s Best Warranty™. Well, if this is the case, you may wonder why you even need to consider extended warranty coverage for your Hyundai that stretches beyond their standard 10-Year/100,000-Mile Powertrain Protection and other limited warranties.

What Does America’s Best Warranty™ Cover?
Hyundai’s standard 10-Year/100,000 Powertrain Protection Warranty only covers the repair or replacement of powertrain components such as selected engine, transmission and transaxle parts. This standard warranty is valuable because these powertrain parts can typically result in some of the most expensive repairs.  The additional standard warranty, Hyundai’s 5-Year/60,000-Mile New Vehicle Limited Warranty, will cover repair or replacement of the most of the rest of the vehicle’s components as long as they were originally installed by Hyundai.

What Does an Extended Warranty Cover?
An extended warranty should be considered if you desire bumper-to-bumper coverage that extends beyond the standard 5-Year/60,000-Mile coverage offered by Hyundai. It can be difficult to put a price on peace of mind, but it may be worth it to invest in the warranty so that you don’t have to worry about paying out-of-pocket costs for a blown fuel pump at 62,000 miles.

Additionally, some vehicle parts are not covered for the entire span of the 5-Year/60,000-Miles of Hyundai’s New Vehicle Limited Warranty. For example, the radio and audio systems are only covered for 3 years/36,000 miles. Repairs for these systems can be costly. Extended warranties may be helpful in assisting with the repair or replacement of your Hyundai’s entertainment system beyond the limited coverage of the manufacturer’s standard warranty.

Transferring Your Warranty
Do you intend to keep your car for more than ten years? Keep in mind that the Hyundai 10-year/100,000 Powertrain Protection is not transferrable to subsequent owners. Second or subsequent owners will only have powertrain coverage under a 5-Year/60,000 Mile New Vehicle Limited Warranty.

However, many extended warranties are transferrable to subsequent owners. This could actually help to increase the resale value of your Hyundai if you do not intend to keep the vehicle for the entire span of the warranty.

To learn more about whether or not you could benefit from extended warranty coverage for your new vehicle, consult your local Leominster Hyundai dealer.

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