You may be asking yourself this question, “Are Hyundai warranties transferable?”
It may be something you wonder about because you are planning on selling your car. Or you simply want to make sure that there is further coverage in an extended warranty.
Either way, here are some things you need to know to help you figure these all out. Let’s go right ahead.
Are Hyundai Warranties Transferable?
Hyundai has been coined as the best warranty in America because of the coverage for the entire 5 years or 60,000 miles (bumper to bumper) and the powertrain coverage applicable for 10 years or 100,000 miles. Thus, you can enjoy some of the longest warranties for new cars.
Moreover, the warranty is transferable easily to new owners.
However, there are things not covered under the warranty. These are regular maintenance (cleaning, polishing, oil changes), and items for regular maintenance such as brake pads and wiper blades, especially after the expiration of the 12-month or 12,000-mile term.
Other things not included in the warranty coverage are normal wear and tear, negligence due to accidents, and vehicles declared as a total loss.
If you intend to keep your vehicle until the final years of its lifespan, you should be able to do so while at the same time taking advantage of the powertrain warranty. Yet, if you plan on selling your Hyundai down the road, the new owner will then have a shorter warranty coverage. This is applicable if the factory warranty is still valid and not expired.
The powertrain offers protection to a maximum of 5 years or as much as 60,000 miles for the new owners.
Thus, whether you are the original owner or the new one, you will have to shoulder repair costs upon the expiration of the original warranty. Among the common issues to consider are the following:
- Crankshaft sensor problems
- Parking lights not turning off
- Check engine light stays on because of component issues
- Seized compressor
Even if the factory warranty includes transmission and engine issues for 100,000 miles or 10 years, the warranty does not cover electrical components, door issues, air conditioning concerns, and the like. These are usually experienced only once the car has accumulated several years or hit several mileage. Hence, you may want to consider getting an extended auto warranty, which should cover the expensive repairs over time. ‘
Interestingly, extended warranty by Hyundai is transferable. You may also incorporate the extra cost of the warranty into car financing. Yet, you will have to pay interest from this extended warranty.
Read More: Why Rpm Drops To Zero While Driving Hyundai
Overall, Hyundai warranties are transferable to new owners. However, there are conditions to consider. If you sold your vehicle within the duration of the coverage period of the powertrain warranty coverage, then the next owner can get most of the protections for up to 60,000 miles or 5 years – whichever is first.
So, an extended warranty may be a good option to consider. It is transferable and may be worth it, especially when you need to worry about extensive and pricey repairs required in the future.