Question

New vs. used max coverage term?

A. New and used have the same term
B. Different terms for new and used
C. No maximum coverage term
D. Maximum coverage term varies by vehicle

Answer 1

The maximum coverage term or warranty for vehicles varies and can differ significantly between new and used cars, with new cars typically having longer warranty periods.

Step-by-step explanation:

When deciding between a new car and a used vehicle, the maximum coverage term or warranty comes into consideration. For a new car, it's comforting to know that the dealership and the car manufacturer will typically offer a warranty covering the cost of defects for the first few years of ownership. In contrast, a used vehicle may come with a shorter warranty period or no warranty at all, depending on the age and condition of the car. It's important to note that the maximum coverage term can vary by vehicle, and it might differ significantly between new and used cars. Hence, when purchasing a vehicle, you should always inquire about the specific warranty details for that vehicle, whether new or used.