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 - Show Coverage: Argyle and Mt. Pleasant Labor Day Weekend Shows - by Cindy Ladage. The last fling before summer fades into fall and we get busy in the fields are the annual Labor Day tractor shows. Beginning on September 5th and running through the 7th, the Argyle Antique Gas and Engine Show is held at the Argyle State Park. Located in West Central Illinois, the pine forest was the setting for the opening of the 22nd show. This year we decided to try to sell a few tractor parts, literature and wrenches to offset my husband's buying sprees. Saturday
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