This totally is based on the model of the car and its manufacturer. Many times, the manufacturers offer you plans which will cover the engine along with the electrical damage, however, it would not include the everyday parts subject to regular wear and tear. In addition to this, it will include labor costs. In case the issue is a complex repair or replacement, then it will be done free of cost. Have a look at some of the 3rd party car warranties in Canada as well. However, you must remember that you might not need extra warranties all the time. So you must take some precautionary measures when you opt for such warranties:

1. Company details: Make sure that the warranty you purchase is endorsed by some qualified groups, else, be careful.
2. Duplication: You must check and understand who offers the extended car warranty and make sure there is no duplication. For instance, you may purchase it from some external firm, whereas the same warranty might be offered by the car manufacturer.
   In case the external firm offers coverage that takes care of damages in addition to what is offered by the manufacturer, it makes sense of purchasing that specific warranty.
3. Service Evaluation:
   As a consumer, you have analyzed and evaluate the company’s services. Will the service be done by a qualified technician who is authorized by the firm? Does it offer a facility of pick up or a home repair or whether you need to take the parts to the service center? Does it have a 24/7 call center for support?
4. coverage:
   The extended warranty should offer you sufficient coverage. Many times these cover just the regular wear and tear items, but might not cover expensive replacements or damages which are beyond your control. Such warranties will not be very useful to you.
5. Transferability of warranty:
   You must check if the extended warranty can be transferred to a new owner as these days, there are many companies merging and the change of ownership of firms will impact the products.
6. Hidden cost: Check if there is any kind of hidden cost in the warranty like costs involved in home repair cases, etc.

7.Exclusions:
It is advised to go through the exclusions of the warranty before you purchase it. you must know what your warranty covers and what it does not. Also, you must bear in mind, how you intend to use the vehicle – will it be used regularly? or do you intend to sell it off within the basic warranty expiry period? Make sure you invest in a plan that is worth the investment.

8. Quality record: It is advised to have a check on the product’s quality record. Also, go through the customer feedback pertaining tot he product before you decide to opt for the extended warranty.

What does the extended warranty not cover?
The extended warranty does not cover the general service and maintenance of your car. A few manufacturers do not cover parts that are prone to wear and ear on a regular basis such as tires, the brake pads, the clutch, the suspension, and some electronics as well. Even issues related to rust, Paint, upholstery in addition to parts that would wear out with time are not going to be covered. Other exclusions are getting the car serviced in a service center that is not approved, adding extra accessories, modifying the electronic parts, damage to the paint, damages due to floods, rodents or earthquakes, etc.

It is an advantage to purchase extended car warranty Canada if you look at your car as a long term investment. It might also get you a good resale price when you decide to sell it. However, research is mandatory, whether it is a used car warranty Canada or 3rd party car warranty Canada, make sure you check out all the top car warranties Toronto before you choose the right one for you.