see Taking care of your vehicle ensures years of reliable and safe transportation, provided you make the necessary repairs as they happen. Maintenance can be expensive; a good auto warranty plays a role in keeping costs down over time. Do you know the difference between a traditional car warranty and an extended warranty? Know what you are buying to understand the financial benefits.
Beyond that, there is another type of warranty that is more like a service contract. This auto warranty is what most people look for when shopping outside of a dealer for coverage on parts and labor for a used car. Our guide covers the last type of warranty. Auto warranties vary by company and coverage level, but they are most likely to cover parts and repairs to major automotive systems, such as the engine, transmission, and drivetrain.
They are available for cars of any age or condition but are unlikely to cover repairs for damage caused by neglect. Wear and tear plans cover regular damage or wear for things like carpet rips, cigarette burns, or chipped paint.
More expensive plans pay for roadside assistance services, too. Each company we looked at bills differently, but many offer monthly payments. Most offer one-year contracts with a discount for paying up front. In addition to the cost of your warranty, you will fund any repairs or parts until the deductible is met. Deductibles vary by company and level of service plan. You will get to choose your preferred service professional to do your covered vehicle repairs and they will be compensated directly by the car warranty company.
A transmission repair covered by the plan may also have some non-covered parts or services, such as a filter or a cosmetic finish. The best time to know coverage details is well in advance of any payments on your plan. Most car warranty companies have several ways for customers to reach their customer service team. Each of the companies we selected is available via phone, online chat or email. Contact the customer service or sales team with any doubts you have regarding coverage and get the details you need to make a satisfactory purchase.
Auto warranty representative and customer. Getty Images. We read and analyzed independent reviews from customers and industry experts to narrow down the best picks in the following categories: customer service, coverage, and value. The available information may not answer all of your questions, and company websites contain mostly marketing materials instead of details on how plans might meet your needs. We began with 12 of the top car warranty companies and came up with the best five. These steps were taken to get our best list:. Our list of twelve providers was narrowed down after consulting the Better Business Bureau.
We automatically removed companies with a poor rating of C or lower from the list. We then ranked the remaining companies by the nature of verified reviews.
Offers exclusionary or powertrain warranties for new and premium vehicles, or high-tech or powertrain for used vehicles. Offers multiple protection plans up to 5 years. Drivers of older cars can have the most expensive repairs covered with plan premiums that are typically affordable. There several ways to directly contact the company, including email, phone numbers, and support center hours. To Save cars from your search results or vehicle pages you must first login Ok.
A higher number of authentic reviews for a company caused it to rank higher on our list. Since some providers are regional or for specific types of drivers, we focused our top choices on those open to all 48 contiguous states in the U. We excluded companies that focused on business services or specialized vehicle types only.
With most customers wanting information via the internet, we made sure our final choices reflected that preference. We did not favor those that required a phone call or in-person visit. We focused our list of best car warranty companies on those that exhibited excellence in our top three categories.
Best Service. Customers can input their geographic region, coverage needs, and type of car on the CARCHEX website to get a wide range of service and pricing options. As one of the largest providers of coverage, it has partnerships with many of the top warranty administrators and can provide competitive pricing to a broader range of customers.
They partner with CARFAX to provide a trusted solution for people who want to take their car buying and care into their own hands. CARCHEX also offers many other vehicle services, such as roadside assistance plans, auto financing, car inspections and standard auto insurance coverage. Best Coverage. Want to know which car you should buy in ? Jump straight to our top cars for Should you buy a used car warranty? By Martin Pratt. Put us to the test Our Test Labs compare features and prices on a range of products.
Sign up now or login. The cost of car cover Should you buy a used car warranty? A-Z of terms and conditions What does a used car warranty cover? Our A-Z of terms and conditions further down the page should help you decode the lingo.
Age limit - warranties have a pre-set age limit for the car. If your car is approaching it then a warranty may not be worth it. Betterment — if a repair or new part makes your car more valuable you may be expected to foot some of the bill.
Claim limit — the maximum amount of money you can get per claim — ideally up to the value of the car, but not always. Consequential loss — where one car part failing damages another; an added expense not all policies cover. Excess — the percentage of each warranty claim you will have to pay.
The best extended car warranties offer extra peace of mind should the worst happen and your car VIEW DEAL ON Auto Warranty Connect. Find out everything you need to know about car warranty basics, what to know before spending, and who provides the best coverage per use.
All Lexus pre-owned vehicles are certified by specially trained technicians completing a point checklist inspection. Eligible vehicle must be five years old or newer and have less than 60, miles. Extras include a three-month free trial of SiriusXM satellite radio, hour roadside assistance, rental car allowance, trip interruption coverage and emergency transportation allowance.
Hyundai offers one of the best CPO warranties in the industry. The coverage is transferable at no cost. All Hyundai certified pre-owned vehicles must be five model years old or newer and have less than 60, miles. Each vehicle undergoes a comprehensive point quality assurance inspection and has a clean title verified by a CARFAX vehicle history report.
Extras include hour roadside assistance, a free loaner if the vehicle is serviced at a BMW dealership, and BMW Assist, which offers collision notification and TeleService. For certified pre-owned vehicles bought on or after January 1, , the BMW CPO Plan is not transferable there are some exceptions with the completion of a limited warranty transfer application.
If you change your mind and want another vehicle within three days or miles, you can do so. Vehicles must be five years old or less with 75, miles or less. There is no deductible for covered repairs and the warranty is transferable to a new owner.