Whether you’re buying an extended warranty or a “service plan” from a dealership when you purchase a new or used car, or buying online after you’ve already purchased a car, there are countless variables to consider which directly impact the cost of your warranty plan: ...
Is an extended warranty worth it? One of the most common questions we receive in the Car Talk Community is, “Do I need an extended warranty?” It’s no accident that this is a frequent topic. New and used car dealers plant that seed of doubt in the buyer’s mind as soon as the ...
If your car is nearing the end of its warranty or if you’re buying a used car from a dealership, getting an extended warrantyfrom the manufacturer (not the dealership)of your vehicle may be an option to consider. Extended Car Warranties From Top Auto Manufacturers Go to the specific automa...
Warranty CompaniesOverall Rating(out of 5.0)2025 Extended Warranty Study Award Endurance 4.6 Best Overall autopom! 4.6 Best Claims Process CNA National 4.3 Best for EV Coverage Toco 4.3 High Mileage Limit CarShield 4.3 Affordable Monthly Payments It’s worth noting that there wasn’t much ...
Always consider whether the cost of an extended warranty is worth the added fee. In some cases, it makes more sense to build your own emergency fund to handle unexpected car repairs. Extended warranties might be good investments on some cars, but it's important to consider how much you valu...
they’ll most likely come out ahead financially. The counter argument to that might be you’ll be on the hook for repairs once the factory or extended warranty expires. But, logically, whatever needs repair or replacement will undoubtedly cost you less every year than a seemingly endless st...
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Before you get talked into buying an extended warranty when you don’t even know what it is or if it will benefit you - just stop, and take a deep breath.
For example, if you plan to drive significantly more miles than average over the first five years of ownership, an extended warranty may be worth the peace of mind after the standard warranty package expires. However, if you're leasing and sticking to a low-mileage situation, that same ...
Buying a car is more expensive in the short term. You have to pay interest on the entire cost of the car. You may have to pay more sales tax. You should make a large down payment. The car’s future value is unknown. The warranty will end.Buying...