Unexpected Repairs

Unexpected repair expenses may include electrical problems, internal engine damage, or transmission issues. Other problems include replacing suspension and steering parts, the alternator, the starter, belts, or hoses. New vehicles commonly come with a standard 3-year/36,000 mile (60,000 km) bumper-to-bumper warranty. Some manufacturers have a much longer powertrain (e.g., engine, transmission, and drivetrain) warranty. Warranties apply as long as scheduled maintenance has been performed. After the manufacturer warranty expires, repairs will be your responsibility. If your car’s warranty has expired, it is always good to have money in reserve for unexpected repairs.