What is the best extended car warranty?

Elite plans, like most extended warranties, don't cover vehicle maintenance costs. Endurance Advantage guarantees, on the other hand, do. The Endurance Advantage plan offers one year of free Endurance Elite benefits plus regular annual maintenance, including diagnostic engine tests, tire rotations, alignment checks, and up to three oil and filter changes. Endurance contracts have a consequential loss clause, which means that the company will only cover the components listed in the contract and not incidental or consequential damages, such as loss of time or transportation.

If you want an extended warranty backed by the manufacturer, you may need to purchase the warranty from the dealer where you purchased the vehicle. Although Geico does not have an extended warranty plan, it does sell mechanical breakdown insurance, which is similar to an extended warranty and covers repairs to all mechanical parts of the vehicle. Many dealers sell extended warranties as a voluntary extra when buying a new or certified used car. You can cancel a vehicle warranty extension at any time, but you'll only receive a full refund within the first 30 to 60 days, depending on the provider.

The exact cost of an extended car warranty depends on several factors, including the condition of the car, the mileage of the car, and the amount of coverage included in the warranty. For example, you're generally not required to purchase an extended guarantee to qualify for an auto loan, according to the Federal Trade Commission. Extended auto warranties also don't cover all repairs or parts, but may cover mechanical and electrical components that are not covered by the factory warranty, while omitting others covered by the manufacturer. Extended car warranties may be worthwhile for drivers looking for peace of mind after factory warranties expire.

Then there are people who buy extended warranties on their Infiniti and end up saving more than the vehicle was worth in the first place. An extended car warranty may be right for some people, even if it doesn't necessarily offer a return that justifies its costs. You can purchase an extended car warranty from your dealer or manufacturer once your factory warranty expires. If you're looking for long-term coverage for a vehicle, an extended warranty can provide protection against some breakdowns due to electrical or mechanical malfunction.

Extended warranties do not cover damage due to accidents, lack of maintenance, or the costs of normal use.

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