Historically, a warranty is intended to cover defects in materials and workmanship. Such issues are nearly always discovered during the manufacturer's standard warranty.
If one plots problems vs mileage (asuminig recommended service and no abuse) one finds that issues are initially highest early after start of service and decrease rapidly to a minimum where they will remain for many, many, many miles before gradually increasing once again as components begin to reach end of design lifetimes.
Manufacturers warranties extend well beyond the period where initial defects approach minimum values and end of life induced failures begin to manifest themselves long after most customers have sold or traded the vehicle (No, I no longer know the average mileage when this occurs because I've been away from warranty analysis for years but it is well beyond 100K.).
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
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