Timing of New Car Extended Limited Warranty at Least Buyout
#1
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Timing of New Car Extended Limited Warranty at Least Buyout
Hi, I've been told different things about the timing of an ELW at lease buyout at three years:
1. It should be purchased at or before buyout because if you purchase post-buyout it is no longer a new car and not eligible as a "new car" for purposes of the ELW.
2. It can be purchased anytime before the new car warranty expires (4 years), regardless of who the buyer is.
Thanks very much.
1. It should be purchased at or before buyout because if you purchase post-buyout it is no longer a new car and not eligible as a "new car" for purposes of the ELW.
2. It can be purchased anytime before the new car warranty expires (4 years), regardless of who the buyer is.
Thanks very much.