An extended warranty, sometimes called a service agreement, a service contract, or a... Contents 1 Overview 2 Extended auto warranty 3 By region 3.1 Canadian province of Québec 3.2 United...
Explains auto warranties and auto service contracts and their differences. Also describes extended warranty scams and your rights.
Motor1 Reviews Team Take: ; Endurance offers the best extended warranty for cars over 100,000 miles because it doesn’t have a maximum mileage limit. ; As cars accumulate more miles on the odometer, they’re prone to more breakdowns and issues. For this reason, warranties for cars with high mileage tend to be more expensive than new car warranties. ; While many warranty providers offer coverage for cars over 100,000 miles, there are also options to cover vehicles with over 200,000 miles, including Omega Auto Care and Everything Breaks.
Auto extended warranties—they are not really warranties ; A “warranty” is a kind of promise that comes from a vehicle’s manufacturer, and it guarantees the product. You do not have to pay extra for a manufacturer’s warranty: it is included in the purchase price of a new (and sometimes used) vehicle. Legally, “extended warranties” are not warranties, instead they’re service contracts that promise to pay for repairs—and they do cost extra. They are usually offered by auto dealerships or third parties—and instead of warranting ...
Motor1 Reviews Team Take: ; The quotes we received for a Jeep extended warranty ranged from $1,595 to $4,290, which is about average for American auto manufacturer warranties. ; Jeep repair costs and reliability are also about average for the auto industry. ; Third-party warranty companies offer more coverage options, flexibility and a few other advantages. Endurance is our top pick for best independent warranty companies in 2024.
The Gist: The main types of extended auto warranties are powertrain warranties which cover the main parts that make your vehicle go, and bumper-to-bumper warranties which cover most mechanical and electrical parts on your car. According to our cost estimates, a car warranty will range from around $1,500 to $3,800. The top extended warranty providers include Endurance, CARCHEX, CarShield, and autopom!.
The Tesla Extended Service Agreement stretches warranty coverage for up to 2 years or 25,000 miles. Learn more about Tesla’s long-term vehicle protection plan in our review.
Motor1 Reviews Team Take: ; A Ford Protect extended warranty contract costs around $1,314 on average, which is affordable compared to other providers. ; J.D. Power studies give Ford vehicles a low dependability ranking and RepairPal indicates Ford vehicles have a 15% chance of needing a severe repair. ; In our 2023 survey, 63% of Ford customers indicated they would consider warranty coverage from a third-party provider. ; Before buying a Ford Protect plan, compare the company’s coverage and costs with quotes from Endurance.
Are you afraid of getting tricked by warranty providers? Learn how to recognize the worst extended auto warranty companies! Featured in CNN, BBC, and CBS!
Motor1 Reviews Team Take: ; A BMW Platinum extended warranty costs $3,246 on average, which is about the same as Audi plans but a bit less than Mercedes warranties. ; RepairPal ranks BMW 30th out of 32 car brands for overall reliability. ; BMW owners in our 2023 survey said coverage was the most important factor when choosing a plan. ; Endurance is the best third-party option for BMW vehicle service contracts because it covers luxury models.