When purchasing a new car, the dealership often includes a warranty that covers most repairs and replacements for a certain period—typically three years or 36,000 miles, according to Kelley Blue Book . But what happens when that warranty expires? That’s where used car warranties come in. As vehicles age, they inevitably experience wear and tear. A used car warranty can provide the financial protection and peace of mind you need when you own a used vehicle. It differs from a new car warranty,...
After comparing dozens of companies, Carchex is our pick for the best used car warranty because it covers up to 10 years/250,000 miles and has a reliable reputation. ; Determining whether or not you need a used car warranty requires research and careful consideration before buying. ; Drivers can find coverage for used cars from manufacturers, with Mitsubishi, Hyundai and Kia offering the best certified pre-owned plans.
Extended warranties, or vehicle service contracts, offer drivers additional coverage intended for future repairs. Since used cars are often more likely to need repairs due to prior use or age, purchasing an extended warranty may sound like a sensible investment. However, used car buyers should proceed with caution, weighing the pros and cons of an extended warranty against their own personal circumstances before moving forward. While some buyers may benefit from an extended warranty, these investments may end up costing others more than they sh ...
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Key Takeways ; Endurance is our top pick for the best extended car warranty company due to its pricing, coverage plans and benefits. Extended car warranties usually last two to seven years (up to 10 years with some providers) and protect you from unexpected—often costly—repairs after your manufacturer’s warranty expires. This can help you avoid out-of-pocket expenses and keep your car on the road longer. Over half of Americans (58%) say they wouldn’t be able to cover an unexpected car re...
Crash Course: ; Extended car warranties are typically worth buying when your car is unreliable, comes with expensive repair and maintenance costs, and has high mileage. ; The price of an extended warranty can sometimes outweigh paying for repair bills outright. ; Choose carefully between manufacturer extended car warranties and third-party providers.
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Motor1 Reviews Team Take: ; Chevrolet’s factory warranty includes 3 years/36,000 miles of bumper-to-bumper warranty coverage and 5 years/60,000 miles of powertrain protection. ; Perks that come with a Chevy warranty include roadside assistance, a free first maintenance visit, and courtesy transportation if your car’s in the shop. ; If you want to extend your Chevy coverage, you may choose one of Chevrolet’s three extended warranty plans or look at coverage from an independent provider.
Motor1 Reviews Team Take: ; GWC Warranty offers a range of comprehensive and stated-component coverage plans through local car dealerships. ; One benefit of GWC Warranty plans is that they don’t require a waiting period before coverage begins, which is rare in the industry. ; The company receives mixed customer service reviews, with some contract holders reporting issues like claims not being paid fully.