Value for your dollar from a trusted company is often more important than just finding the cheapest warranty. Good coverage at an affordable price is the best formula.
How Much Should it Cost
There is no universal pricing strategy that companies use to determine the cost of a protection policy. However, if you would like to get an idea about how much an average policy costs click on the car make to see what many are paying. Financing is offered by most vehicle service providers; you can choose to pay for your protection policy monthly, similar to auto insurance.
Here you can find an estimated price of a protection plan for your vehicle.*
Research shows that the price range for your Acura warranty would be between $2200 - $3400 for 4 Year Coverage.
The price range for your Audi coverage would be between $2900 - $4500 for at least four years of coverage. The cost can also be broken down into monthly payments which will be less than $180/month for 24 months.
A protection plan for your BMW would be between $2800 - $4000 for a 3-year coverage, or less than $160/month for the first two years.
3-year protection policy for your Buick will be just $1200 - $2500.
The cost for Cadillac policy ranges from $1700 to $3500.
You can protect your Chevy with a policy that will cost from $1700 to $3200. The total cost can be financed (24 months) and will cost as little as $70/month.
Protection plan for Chrystler will range from $2000 to $3100
Unfortunately, we coudn't find a company that would offer coverage for Daewoo.
Research shows that the cost of Dodge warranty would be between $1600 and $2800
Ford extended warranty price range: $2000 - $3600.
You can extend your GMC's factory warranty for just: $1900 - $3200.
Vehicle service contract for Honda vehicles is one of the cheapest: $1200 - $2800
Unfortunately, we couldn't find an extended warranty provider that would offer coverage for Hummer vehicles.
Make sure you get the best price for an extended protection plan for your Hyundai. This is what other Hyundai owners are paying: $1300 - $2900.
Estimated extended warranty price for Infiniti: $1500 - $2800.
Isuzu owners on average pay $1900 - $3000 for protection plan.
If you own a Jaguar vehicle you will be paying about $2900 - $4600 for the policy.
Average price for extended Jeep warranty is $1700 - $3400.
A protection plan for your KIA would be between $2100 - $3300
You can purchase a coverage plan for your Lexus for anywhere between $2500 - $3800.
The price range for a vehicle service contract for your Lincoln would be between $2700 - $3200
You can protect your Mazda for only $1400 - $2600.
If you own a Mercedes, be prepared to pay more than the average price for the coverage: $3000 - $4700
Here is what many drivers are paying for Mercury coverage: $1100 - $2600.
Estimated warranty price for Mini: $1500 - $2700.
Research shows that the cost of a vehicle service contract for your Mitsubishi would be between $1200 and $2300.
Average rate for a protection plan for your Nissan: $1900 - $3100.
The warranty cost for Pantiac vehicles ranges from $1300 - $3200.
The estimated cost for a vehicle service contract for your Toyota is $1600 - $2600.
Here is what other Volkswagen owners are paying: $2000 - $3400
Has Your Auto Warranty Expired?
Extended auto warranties can give you peace of mind if a vehicle breakdown occurs because they can pay for a large portion of eligible repairs. If you are considering buying one of these policies, you are probably wondering how much these policies costs. Typically, these plans can cost as low as $900 and as high as $3,000. Before buying one, it’s important to understand what factors affect price and how you can negotiate for better rates.
First, there are multiple factors that will determine the cost of your extended auto warranty. While each policy provider may have specific ways to determine premium costs, here are some factors most use:
If you drive a used car, chances are you will have to meet eligibility requirements to qualify for one of these policies. Some of these policies may include a cutoff for much older vehicles or ones that have much mileage on them. If you do have an older vehicle that qualifies, the policy provider may charge you more due to the likelihood you’ll have to use this service more often.
Another factor providers will use to determine the cost is vehicle type. If you drive a more expensive model like a Mercedes you are going to pay more for coverage compared to someone driving a less expensive model.
Policy providers will give you different coverage options at the time of purchase. The most basic offering will cover major components such as your vehicle’s transmission and engine. Meanwhile, with the highest level of coverage, you may receive bumper to bumper coverage as well as extras like roadside assistance and rental car reimbursement. With these factors in mind, the more comprehensive your plan is the more you’ll pay for it.
Your deductible is the amount of money you must pay at the time of service before your policy provider pays the claim. If you have a plan with a higher deductible you will pay a lower premium. Conversely, if your plan carries no or a low deductible, you will pay more.
How to Save Money
These factors can help you understand how providers determine premium cost. Meanwhile, when you are ready to buy a cheap auto warranty, here are some tips to help you save money:
- First, you have options as to where you can buy your policy. While car dealerships sell these policies they tend to mark them up so they can make some profit on them. With this in mind, it’s usually less expensive to buy directly from the policy provider.
- Before selecting a provider, do some research on a handful of companies to find out which are the most reputable ones. This can help you locate the best policy providers available.
- Once you have selected a few, call them to find out their types of coverage, which parts they cover in each and how much each plan costs. This will give you an idea of the types of coverage each provider offers and which ones offer the best price.
- Armed with this information, you can select the best provider and call them to set up the policy. If a competing provider offers a lower rate you can negotiate with the company to see if they can match this quote or at least drop their price on their initial offer. While you are on the phone with them, ask them if they have any discounts available. Many providers offer a first-time discount as well as discounts for students, seniors or military personnel. Since many companies don’t divulge this information it’s up to you to ask.
To recap, auto extended warranties are great to have because they can pay for unexpected breakdowns. By comparison shopping between providers, you can spot the right provider and the right plan for you. Furthermore, when you negotiate between competitors and ask for discounts, it can help you receive an even better rate for your warranty.
To receive a more precise and personalized quote, simply fill out the form. We will then research your vehicle and submit your request to our list of qualified auto service contract providers. You will then receive one email directly from the coverage provider of choice, within 24hrs.
*Note: Rates may vary by vehicle's age, price, mileage, level of coverage, driving habits, etc.