Extended Third Party Car Warranties You can purchase an extended car warranty at any time, although waiting until the original factory coverage has expired will usually mean paying a higher premium. The most advantageous time to purchase may be near the end of the original warranty period. You can usually purchase an extended warranty at any time before the manufacturer's warranty expires. Try to negotiate the price to get a good deal.
An extended car warranty is a way to ensure that your car's standard warranty is extended so that you are covered as a driver. Manufacturers generally require you to purchase an extended warranty on the day the vehicle is purchased or before the factory warranty expires. We have researched and ranked the best car extended warranty providers on the market, taking into account factors such as coverage, affordability and customer service. The warranties do not cover oil changes, brake work, tires or other “wear items”, that is, things that are subject to wear and tear.
If you're ready to start shopping, you'll want to make sure you're only considering reputable car extended warranty companies. Extended warranties can reduce financial stress, especially for those who own models from unreliable brands. Vehicle service contracts, often referred to as extended warranties, are a tempting option for consumers buying a used car or for those who want to extend full coverage for a new car. With an extended third-party warranty, you can usually take your vehicle to any repair shop, offering more flexibility in the event of a breakdown.
To use an extended car warranty, you may have to take your car to an authorized repair center, pay for the work in advance, and then request reimbursement later. An Extended Car Warranty is an optional vehicle service contract that you can purchase from a third-party supplier. There are often many restrictions with extended warranties, including what is covered and where the vehicle can be repaired. When it comes to the long-term cost of your car, extended warranties are usually “a bad deal,” Gillis says.
If you plan to keep your car until the wheels fall off, you may want to consider purchasing an extended warranty to cover repairs in the car's fifth and sixth year or more. If you don't have enough money to pay for unexpected car repairs yourself, you may want to consider purchasing an extended warranty or mechanical breakdown insurance coverage.