December 9, 2013 - by
When purchasing any vehicle, it is important to consider the warranties available and whether or not purchasing a third-party warranty is an option. You often get better benefits and a lower cost. Let’s look at what each option offers you, the vehicle owners, and what they do not.
New Vehicle Protection Plans
Every new Chevrolet comes with a new vehicle protection policy. Chevrolet breaks its standard new vehicle warranty down into different components. Warranties cover a certain amount of years or a certain number of miles, whichever comes first:
- Bumper-to-bumper coverage provides the customer with coverage for any warrantable repairs, including the tires. It covers 3 years or 36,000 miles, whichever comes first.
- Sheet metal coverage protects against any corrosion on the sheet metal parts of the car’s out skin. It covers 3 years or 36,000 miles.
- Powertrain coverage covers the engine, transmission, transaxle, transfer case, and drive systems. It covers 5 years or 100,000 miles.
- Scheduled maintenance coverage covers an oil change, tire rotation, and inspection every 6,000 miles or every six months, for up to a total of four visits. It covers 2 years or 24,000 miles.
- Rust-through coverage picks up where the sheet metal coverage ends. It covers the car’s metal areas from any rust-through for 6 years or 100,000 miles.
The warranties do not cover damages due to normal wear and tear, accidents, misuse, or poor maintenance.
Used Vehicle Warranty available through Chevrolet
Chevrolet, through its parent company GM, offers fours levels of coverage for GM certified vehicles. Three of them extend many features of the standard policy on the vehicle. The fourth covers routine maintenance costs.
Here a breakdown of the available options for protection extension:
Major Guard – This is the top of the line plan available through Chevrolet on used vehicles. It covers parts and labor on many of the car’s critical components like the engine, transmission, fuel delivery, engine cooling, electrical components, heating/cooling, braking system, suspension, on board computers, and seals and gaskets, among other areas. It includes roadside assistance, alternate transportation, and trip interruption reimbursement. It is the most expensive option.
Value Guard – This is the second level policy available through Chevrolet on used vehicles. It provides coverage for parts and labor on nine components: engine, fuel delivery, steering, transmission, drive components, electrical, front suspension, manufacturer installed A/C, and brakes. It offers compensation for towing as well as alternate transportation.
Basic Guard – This policy offers coverage for the engine, fuel delivery system, transmission, and drive components. It also compensates for towing charges. This is the lowest cost choice.
This is the warranty that covers routine maintenance:
Smart Care – This warranty covers the costs of routine maintenance including oil changes, chassis lubrication, and tire rotations.
The cost and length of service depends on what the dealer is offering and what the buyer wants to pay.
Used Car Coverage
When you are looking at a used car, you should consider a third-party vehicle service contract provider instead of going through the dealership. The cost can be lower than what the dealer offers and you will get more benefits from the purchase. Many of the third-party providers have a rating of five stars and have the highest ratings from the Better Business Bureau.
Some of the benefits you will get from a third-party provider include the following:
- Free rental while the repair shop is doing the repairs
- Roadside assistance to help bring the vehicle to a repair location
- Free key replacement if one is lost or damaged
- Customer service available 24/7
- Repairs available at any certified repair shop
- No financing fees associated.
Purchasing a third-party vehicle service contract is a smart choice once the manufacturer’s original policy runs out. It will protect of your most valuable assets.
According to The Car Connection ratings, the best Chevy models of 2013 are:
Traverse – 8.2/10 rating
Equinox – 8/10
Camaro – 8/10
Sonic – 7.8/10
Cruze – 7.8/10
Malibu – 7.8/10
Tahoe – 7.4/10
Volt – 7.4/10
Silverado 1500 – 7.2/10
Spark – 6.4/10
If you are planning on purchasing your service contract online please read these tips about how to find the best coverage for your automobile.