NEW YORK (CNN/Money) -
If you are shopping for a 2006 Chrysler, Dodge or Jeep model, you should be aware of a change -- the car will no longer come with a standard 7-year/70,000 mile powertrain warranty.
Vehicles from the Chrysler Group of DaimlerChrysler will get the company's 3 year/36,000 mile bumper-to-bumper warranty, which includes all components, including the engine and transmission, covered by the powertrain warranty, according to a Chrysler Group spokesman.
The seven-year powertrain warranty currently comes standard on 2005 models and covers the major working parts of a car including the engine and transmission.
Funding earmarked for powertrain warranty will be allocated to "other dealer and consumer marketing efforts," John Schenden, chairman of the Chrysler-Jeep national dealer council, told Automotive News, an industry publication.
Chrysler's soon-to-be discontinued powertrain warranty is one of the longest in the industry.
Chrysler vehicles from model years prior to 2006 with a powertrain warranty that has not expired, are still entitled to the original warranty, a company spokesperson said.
Hyundai, Kia and Mitsubishi offer the longest powertrain warranties currently available in the U.S. All three offer 10-year/100,000-mile warranties, according to CNN.com automotive partner Edmunds.com.
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