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Should I Buy a Used Car Without a Warranty?


The main attraction of buying a used car privately is that the initial cost is usually less than buying a car from a dealer. While the initial cost may be less, the real long term cost may be far greater than the initial savings, unless you take steps to ensure that you guard against the risks.
Every used car purchase is unique and while buy used car warranty privately may work out very well, there is no fall back if things go wrong.  Effectively all the risk is transferred to you the buyer when you buy a car without a warranty.
If that makes you feel uncomfortable, then you can always choose to purchase an extended car warranty insurance policy. Not only is it important to understand the risks it’s also a good idea to understand what the key elements of car warranties are.
All licensed used car dealers must, at a very minimum offer a statutory extended warranty for cars that a purchaser could reasonably expect to run reliably.
The terms of warranty vary around the edges depending on which state you live in, but typically statutory warranties demand that a warranty be supplied for three months after purchase for vehicles that are less than ten years old or have travelled less than 160,000 kilometres.
This at the very least gives some protection against buying an out and out lemon.
Otherwise car owners can purchase extended car warranties
These days, there are many extended warranty car options available that offer great peace of mind and by extension, confidence in the vehicle’s reliability.
This means that when you buy a car that has an extended warranty, you can be assured that you will be covered for mechanical faults for the period of the warranty.
One mechanical breakdown can cost substantial dollars – so the extended used car warranty, in particular can offer great value.




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