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Bumper to Bumper Vs. Powertrain Warranties: What You Need to Know

It is helpful to know the difference between a powertrain warranty and a bumper-to-bumper warranty when you are car shopping. The powertrain warranty covers the parts that make the auto move, and the bumper-to-bumper includes most all the rest of the car.

The powertrain warranty covers things like the drivetrain, transmission, and engine. The warranty will repair or replace covered components in a specified period. Warranties are stated in miles and time. For example, a warranty may be five years of 50,000 miles, whichever comes first.

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Is It Better To Buy Or Lease My New Car?

Many of those find it confusing when it comes to deciding whether to buy a car or lease one. Buying a vehicle means you own it. However, your monthly payments are higher. A lease will offer you lower monthly payments but you will always have to return a leased car back to the dealership. Here are the pros and cons when it comes to buying or leasing a car:

When purchasing a car, it generally requires a down payment unless you have stellar credit. Taxes, registration, and other fees are usually included in the sales price. If you lease a…
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