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The 7/70 is only on the powertrain, but if the car was in-serviced prior to July 2002, it actually had a 7/100 powertrain policy - that one is not transferable. The 7/70 is transferable with no problem, and if you want to upgrade the contract to almost match the factory coverage, you can purchase a Maxcare contract - it will have trip interuption and rental coverage that doesn't even come with the Limited 3/36 Bumper to Bumper warranty. Good luck.