.....does it not cover all the same things that the new car warranty would? I went into the dealer with a snapped exhaust clamp on the muffler that needed to be welded and a problem with the front passanger side tie rod. i have a 2001.5 a4.

 

No, it's a limited warranty. Check the CPO documentation that came with your car for exact info on what is and what is not covered and what mileage each section is valid for.