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Certainly, many of us have been frustrated with the thought of having to pay for a part that, had it failed a little sooner, would have been covered under warranty. Well, think again, because you may have a lucky penny in your pocket that you didn't know about. You may be eligible for a little-known program called after warranty assistance, or the "secret warranty" as some have dubbed it, offered through some vehicle manufacturers to help in exactly these situations.

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What exactly is covered? Know what's covered -- and what's not covered -- by the extended warranty you're considering. Does the service contract cover breakdown as well as wear and tear? Under a "breakdown" warranty, coverage is extended only to parts that break. Such a policy can prove less inclusive than is desirable, since not all parts fail due to breakage. Some need to be replaced because they've worn down over a period of time; a "wear-and-tear" warranty extends coverage to worn-down parts in need of replacement. Additionally, some "entry level" contracts don't cover ABS brakes, so if your vehicle has this feature, you should consider upgrading to this level. And overheating -- regardless of its cause -- isn't covered in many warranties. Thus, if overheating occurred due to problems with an expensive part such as your radiator, you'd be stuck with a hefty repair bill. Before committing to a warranty, take the time to fully explore the ins and outs of its coverage implications. The distinctions between the various plans might seem slight, but they can prove quite important.



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