This is why many cars only come with a two-year or three year warranty, with various maximum distances specified, and yet their maintenance or service contracts extend for much longer. In all warranty contracts, the time period and the distance covered by the vehicle are linked, in such a way that the warranty expires at the point at which one is reached first.
On paper, at least, the most impressive warranty package being offered today is that by Hyundai. Surprisingly, some premium-level manufacturers offer warranties that are modest by comparison. The following is a handy list of the more common manufacturers with a presence in South Africa, and the warranties they offer on their products.
No factory warranty lasts forever. Learn about your options for an extended car warranty by visiting our top recommendations below. An automobile factory warranty is a contract between you and the manufacturer of the car, stating that any defects in the vehicle will be repaired or replaced. This agreement ensures that your new car is protected and guaranteed to remain at a certain quality level, as long as you take care of it and hold up your end of the bargain.
Part of the terms includes having all of the warranty work performed at a dealership. Car warranties can extend beyond what is offered by the manufacturer. Once your factory warranty term expires, you can get coverage with an extended warranty through the automaker or a third-party company like Endurance. When it comes to models, Hyundai, Kia, and Genesis dominate with the best new car warranties on the market. While all of these brands sell cars and SUVs, you might notice that none of them have a truck in production right now.
If you want a pickup with the best warranty, you have a variety of options to choose from. To make a decision on the best new car warranty, we first have to consider the following criteria:.
MarketWatch Logo Go to the homepage. Home » Picks » Guides » Finance » 5 most reputable extended car warranty companies of Learn More. Featured Extended Warranty Companies. What makes an extended warranty company reputable?
High customer satisfaction ratings The BBB, Google and Trustpilot all provide customer review scores for extended warranty companies. Transparent business practices Many reputable extended car warranty companies offer sample contracts online so customers can read coverage details before signing on the dotted line. Top 5 reputable extended car warranty companies When identifying the five most reputable extended car warranty companies on the market, we considered the factors above, as well as cost and coverage options.
Excellent Customer Service 8. Endurance extended warranty plans Endurance offers six coverage plans, starting with an exclusionary plan that covers all components except for those specifically listed as excluded in the contract. Plan What It Covers Supreme Most comprehensive plan that covers almost all mechanical and electrical components, aside from a few exclusions Superior Highest level of stated-component coverage Secure Plus Covers the powertrain as well as the brakes, air conditioning, steering and some electrical components Secure Most budget-friendly plan that protects the engine, transmission and water pump Select Premier Plan tailored to older vehicles that covers the powertrain, electrical, cooling, air conditioning, heating and fuel systems EnduranceAdvantage TM Combines prepaid maintenance and stated-component coverage.
Comprehensive Coverage. Get Price. The provider has also received several awards, including: Eight-time honoree on the Inc. Carchex extended warranty plans Carchex offers coverage for vehicles with up to , miles, which makes it a great option for older cars. Plan What It Covers Titanium Exclusionary coverage for most vehicle components Platinum Highest level of stated-component coverage that covers hundreds of parts Gold Protects all major systems and is the best coverage for high-mileage vehicles Silver Covers powertrain components and a few other key systems Bronze Protects the engine and transmission.
Highest Mileage Limits. Most Maintenance Plans. CarShield extended warranty plans CarShield contracts are administered by American Auto Shield, which is backed by insurers that have received financial strength ratings of A from AM Best. Most Affordable. Plan What It Covers Exclusionary Covers most mechanical and electrical components unless stated otherwise High-Level Inclusionary coverage for major systems like the engine, transmission, drive axle, steering, suspension, brakes, air conditioning, cooling, fuel and electrical Mid-Level Stated-component coverage for the engine, transmission, drive axle, steering, brakes, air conditioning and electrical components Powertrain Plus Covers the powertrain as well as the air conditioning system.
Excellent Customer Service. How much does an extended warranty cost? Is an extended warranty worth it? However, you should consider added coverage if the following situations apply to you: You want peace of mind : Vehicle repairs can be costly to pay for out of pocket.
Extended warranties foot the bill for covered repairs, easing anxiety over future issues. You plan on owning your vehicle for a long time : According to research from IHS Markit , the average age of operable light vehicles in the U. What do consumers say? Should you consider an extended warranty from the dealership?
However, they also come with a few limitations, including: Limited repair shop choice : Most manufacturers require drivers to go to the dealership or a branded repair center for service.
While this may not seem like a big deal, some automakers have relatively few dealerships nationwide. Fewer coverage options : Typically, manufacturers only offer one to three vehicle protection plans. Depending on your needs, you may end up purchasing too little coverage or paying for unneeded coverage. FAQ: reputable extended car warranty providers What is the best extended car warranty?
Our methodology Because consumers rely on us to provide objective and accurate information, we created a comprehensive rating system to formulate our rankings of the best extended car warranty companies.
Here are the factors our ratings take into account: Reputation : Our research team considered availability, ratings from industry experts and years in business when giving this score. Cost : Auto warranty rates and available deductibles were both taken into consideration. Coverage : Companies that offer a variety of choices for warranty coverage, long terms and added benefits are more likely to meet consumer needs. Customer Experience : This score is based on customer satisfaction ratings, contract transparency and the availability of a money-back guarantee.
Find the best [category]. Most Comprehensive Coverage. Standard new car coverage is divided into several individual warranties, each covering specific parts for different lengths of time. The two most important new car warranties are bumper-to-bumper and powertrain warranties.
A bumper-to-bumper warranty covers the majority of mechanical and electric vehicle components, with a few exceptions. Common exceptions include wear-and-tear parts and routine maintenance services.
A powertrain warranty covers components such as the engine, transmission, and transfer case. Powertrain warranty coverage often lasts a few years longer than bumper-to-bumper warranty coverage. The following chart provides a current car warranties comparison of major U.
Most manufacturer warranties cover the same or similar parts. The major differences between brands are the length of warranty coverage and the mileage limit. Powertrain components are covered under the bumper-to-bumper warranty. Hyundai, Kia, and Mitusbishi offer the best new car warranties , giving drivers the longest term limits for both bumper-to-bumper and powertrain coverage.
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