Next to a home, a car is an expensive purchase whether you are buying a new or used car. For this reason, buyers like you may want to choose cars with the best warranty coverage. In fact, for your peace of mind, you may even want to extend the coverage for a few more years. With a used car, an extended warranty is quite useful especially after the existing warranty expires in three or five years. Some policies overlap with an existing warranty. You may not be sure if or when you will use it, In any case, it is good to know that you can protect yourself from unexpected problems and expenses beyond the automaker warranty expiration.
Used car extended warranty can be purchased from the manufacturer or from an independent warranty company. Coverage by the automaker (if available) is usually more complete, fewer restrictions and is transferrable to another owner. Third-party providers can also be very competitive, offering great perks and extra coverage.
Here are some of the popular auto extended warranty providers in Canada.