For the risk averse there’s no more uncomfortable feeling than the day after a truck warranty expires, and buyers of used equipment may never feel the sense of relief that comes with not having to shoulder all the financial load of a major equipment failure.
Aftermarket warranties have become popular add-ons for used equipment and for extending coverage beyond a factory warranty expiration date but levels of coverage differ from standard factory warranties. While a manufacturer’s warranty may cover everything from the powertrain to the radio, aftermarket warranties generally offer coverage for only critical elements.
