Drivers can purchase aftermarket auto warranty coverage from vehicle manufacturers or from the best car extended warranty companies on the market. Elite plans, like most extended warranties, don't cover vehicle maintenance costs. Endurance Advantage guarantees, on the other hand, yes. 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. For years, CARCHEX was a vehicle inspection service. They would inspect a vehicle you were thinking of buying to find any defects before you spent money on it. They still do, but in 2004, the company also started selling extended warranties.
Since then, the company has become one of the most recognizable names in the industry. A car warranty comes directly from the vehicle manufacturer and can mean several different things. While extended car warranties differ in longevity, they usually last for three to five years. They also offer a limited amount of miles that apply to them.
That's usually 60 to 100,000 total miles on the car. While it's more common for a dealer to sell an extended warranty as “comprehensive coverage,” they may also offer less coverage that only covers powertrain components. This is especially true for used vehicles. Car warranties are rarely available on vehicles outside the factory warranty.
Carefully review your documentation if you have an extended auto warranty to see exactly how long it is valid, what type of coverage you purchased, and any exclusions from coverage. It's important to note that many aftermarket modifications can void a car's warranty, so keep those modifications in mind if you bought a used car with modifications or plan to do it yourself. Endurance has extended car warranties to drivers for 16 years. These vehicle service contracts are available in 49 states, except California.
The most important thing to consider when you think about buying an extended warranty is how much you could cover if your car were to suffer a major failure. If you don't know if you could benefit from an extended warranty for your car, we've compiled some of the main reasons why you might consider adding a protection plan to your vehicle. You want an extended warranty that gets you on the road as quickly and economically as possible, with things like towing assistance, car rental coverage, and even lodging if you need to stay the night before you hit the road again in the morning. 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.
It's also worth noting that the AAA Vehicle Protection Plan is technically a vehicle service plan, offering the same coverage as an extended warranty. This is because the more costly and consequential car repairs covered by extended warranties tend to involve powertrain components, especially the engine and transmission. For example, you are generally not required to purchase an extended guarantee to qualify for an auto loan, according to the Federal Trade Commission. Because of strict laws, some service contract companies choose not to do business in California, but if you're a Golden Stater who really wants an extended warranty, you do have options.
An extended car warranty is a service contract that covers car repairs after the factory auto warranty expires. In addition to reputable extended car warranty companies, drivers can purchase coverage from manufacturers of their vehicles. You can also buy extended car warranties online from third-party providers, such as those reviewed here. Like most parts, the dealer buys an extended warranty at a single price and sells it to you at a higher price, sometimes twice as much.
An extended car warranty is a vehicle service contract that pays for repairs to a vehicle's major mechanical components, including the transmission and engine. It is also worth noting that insurance against mechanical breakdowns from a car insurance company is usually a cheaper alternative to a third-party vehicle service plan or an extended warranty. Most extended auto warranties will not cover consequential damage caused by the breakdown or malfunction of systems or components covered by the agreement. .