You may be able to get auto repair coverage for a used car with more than 100,000 or even 200,000 miles to help pay for high-cost repairs. However, each company sets its rules for how you can make a claim, whether they pay the mechanic directly or reimburse you, what they'll cover, and how much you'll pay for the coverage and deductibles. 

What is a used car warranty, and what does it cover?

A used car warranty may be sought after a car's manufacturer's warranty runs out, but in many cases, the coverage included with a used car warranty isn't the same "bumper to bumper" coverage from an auto manufacturer. 

Car manufacturers provide a warranty to cover mechanical breakdowns due to the failure of a car's systems or parts. The coverage is typically good for a certain number of miles or years, whichever comes first. 

A third-party company, your car's manufacturer, or dealerships may offer extended warranty coverage for breakdowns with a used car warranty. Don't assume that the coverage equals your original manufacturer's warranty. When shopping for an extended warranty, compare the cost of coverage and evaluate any exclusions to ensure you are getting the best value for your money.

Tips for buying a used car warranty

If you need your car to get to work and an expensive repair would make your life difficult, a used car warranty may help relieve some pressure. Not all used car warranties provide the coverage you need, and not all third-party providers have a reputation for paying claims as promised. 

It's essential to shop around when researching your options for breakdown coverage. Here's what to look for if you need help paying for future car repair bills:

• The lowest price may not offer enough coverage. Price is important, but read the fine print to verify that you have enough coverage. 
• Before you sign up for coverage, read the contract - not just the company's website to make sure the coverage included is as advertised. 
• Research the company to make sure they have a good reputation. Your coverage is useless if the company won't pay claims. 
• Understand the deductible and make sure you can afford it before signing up for coverage.
  
  

Should you buy an extended warranty from the dealership?

Depending on your car's age and mileage, you may be able to get a used car warranty to help with repair costs. Dealerships often offer extended warranties when they sell a new car so that the owner can enjoy coverage even after the manufacturer's warranty is no longer in force. Extended warranties can be expensive, however. A study conducted by Consumer Reports indicates that 55% of people who purchased an extended warranty to help them pay for out-of-pocket repair costs never used the coverage. 

Many dealerships push new car buyers into rolling the cost of an extended warranty into the price of their new car. After all, it may increase your monthly payment by only a few dollars, and you'll enjoy seamless coverage after your original warranty runs out. However, these policies may not transfer to the new owner if you decide to sell your car. You may have to visit the dealership to receive service, and there could be an expensive deductible each time you need to have your vehicle fixed. Plus, if you use an auto loan to pay for an extended warranty, you'll pay interest on a product you may never use. 

Even if your car doesn't currently have a warranty, you can purchase mechanical breakdown insurance to help you pay for surprise repair bills.

How mechanical breakdown coverage can help you pay for expensive car repairs

A used car warranty or extended warranty provides additional coverage after your vehicle's manufacturer warranty runs out. Many people want to keep their cars even after the manufacturer's original warranty no longer covers them but have concerns about high repair costs. 

With Ridesure's mechanical breakdown coverage, you'll understand exactly which repairs are covered. There's no need to worry about going through a complicated claims process; we handle claims, so you don't have to. You can even use your favorite mechanic. 

If you need a car while yours is in the shop, Ridesure helps you get a rental car so you can get on with your life. Ready to learn more about how Ridesure helps people pay for expensive auto repairs? Get a free quote today to see how mechanical breakdown coverage can help you maintain financial stability, even with a surprise auto repair bill.