How we evaluated auto car warranty. To find the best car warranty, we evaluated the three most important parts critical to the purchasing decision – the quoting process, the coverage options and the contracts. We used multiple vehicles of varying age, mileage and model to gauge each part of this process. Quoting process Compare the top 8 best extended car warranty companies for new and used cars. Our 5 star rating system compares company auto warranty plans, vehicle services and protection pricing. Save thousands with auto warranty reviews.
In general terms, an extended car warranty is going to cost between $800 and $1,000 that covers most major components with a $100 deductible on a new or a low-mileage used car. Editor's note and disclaimer: Car Talk is supported by our fans, readers and listeners.
Best car warranty companies. In order to help narrow down the best plan for your needs, our team reviewed a number of third-party providers and compiled a list of the most reputable extended car warranty companies. Choosing an extended car warranty doesn't have to be difficult. You can choose the best car warranty for your needs by following some tips. These tips make it easy to find and buy the best used car warranty. First, go with one of the extended car warranty companies that pay the mechanic directly. However, one of the biggest incentives to buying new is getting a new car warranty. If you’re looking to spend that much to get a new warranty, then it’s worth finding the best. In most cases, a new car warranty lasts three years or 36,000 miles, whichever comes first. Some go for four years or 50,000 miles.
While most extended warranty companies have payment terms of up to 24 or 36 months, Protect My Car gives drivers between 36 and 60 months to pay for the warranty. Even though another extended car warranty’s cost might be the same, having extra time to make monthly payments can definitely help. Extended car warranty companies offer a range of plans that extend the manufacturer's warranty for the powertrain which is the largest and most expensive car component to repair. More expensive plans will offer bumper to bumper coverage which includes the powertrain, electronics, suspension, major vehicle systems, and more. Comparing the best used car warranty companies to find the right plan for your budget and driving habits can save you money, time, and trouble in the long run. To make it easy, we’ve done the research for you. We’ve compiled a comprehensive list and compared the best used car warranty companies below.
The best car warranty companies go the extra mile to show how much they value their customers. We looked at online consumer reviews and complaints to see how well companies handled issues and inquiries and checked if they had any certifications or financial backing to guarantee ongoing customer support and high service standards. The Best Used Car Warranty Companies: Keep Your Well-Used Vehicle Covered Yes, you can keep a used car covered, even when the original warranty expires. A plan from one of the best extended warranty companies for used cars can give drivers added peace of mind on the road, but at the end of the day, is the coverage really worth the price tag? There are a few pros and cons of extended car warranties to consider when determining whether extra coverage is a good investment for your vehicle.
Before purchasing extended warranty coverage, it is important to understand what kinds of protection plans warranty companies offer and if purchasing a car warranty is the best choice for you. Then, it's important to evaluate extended car warranty companies to find the best extended warranty provider for you. In the long run, getting an extended car warranty can save you money. Extended car warranties differ from car insurance in one significant way: While car warranties pay for mechanical breakdowns due to many causes, car insurance is tied to specific causes such as theft, fire, or collision damage. The 4 Best Car Warranty Companies. Endurance. Before purchasing extended warranty coverage, it is important to understand what kinds of protection plans warranty companies offer and if purchasing a car warranty is the best choice for you. Then, it's important to evaluate extended car warranty companies to find the best extended warranty provider for you.
You simply have your car repaired and get back to driving without spending your hard-earned money. Now that you know what the best companies offer, let's consider what you'd get if you purchased a plan from one of the worst extended auto warranty companies. The worst companies have plans with major limitations. Car Warranty Company Red Flags. As you attempt to navigate around the worst extended auto warranty companies, it helps to know what red flags to look for during your search. As we mentioned above, car manufacturers offer customers a factory warranty at the time of purchase. This warranty covers the cost of repairs or replacements for a set number of years or a specific amount of mileage — typically three to five years or somewhere between 30,000 and 100,000 miles.
Best Car Warranty Value: Kia Kia isn’t just a budget car manufacturer by any means, but it has quickly become one of the best brands with a good selection of budget vehicles. The Top 6: Comparing Used Car Warranty Companies. Owners of older cars are twice as likely to spend more than $1,000 on maintenance and repairs, according to the NPD group. When we reached out to the best extended auto warranty companies for quotes, we found monthly payments between $65 and $250. Some providers also sell plans for the full price upfront.
Like other warranty companies, Protect My Car offers a 30-day money back guarantee on all of its extended car warranty plans. Customer Service Protect My Car has hundreds of five-star customer. A car warranty is a contract between you and a company, often your car's dealer or manufacturer, to cover repairs within a specific period of time or mileage, typically three years or 60,000 miles. Endurance has one of the best car warranty plans in the industry for old and high mileage vehicles, offering four tiers of coverage for model years as far back as 1958 and with up to 200,000 miles.
We found the top five car warranty companies after analyzing customer reviews, Better Business Bureau ratings, consumer data and information from the Federal Trade Commission (FTC) and car repair professionals. By the time you’re finished reading this article, you’ll not only be able to choose the best car warranty, but you’ll be a more prepared auto warranty shopper.