What Is The Cheapest Extended Warranty for Cars?
Make sure you get value and coverage that’s there when you need it.
It makes no sense to overpay for something, right? Just because something is less expensive, it might not be the best choice. Still, you want to get the best value possible. Let’s see how this applies to getting the cheapest extended warranty for your car or truck. With a little research, you can find the cheapest extended warranty for cars while still getting an outstanding value.
Extended Auto Warranty Basics
Most extended vehicle protection plans do the same thing. They cover the cost of an unexpected vehicle breakdown. In some cases, you may have to pay a deductible, which can range from $0 to $100. Each company may provide different options, so make sure you ask what’s covered with each package.
Depending on the company, you might be able to choose from:
- Bumper-to-Bumper Coverage
- Powertrain Warranty
- Tech Packages
- Special Coverage, Such as Warranties for Leased Vehicles
You can choose one type of coverage or combine plans for the most comprehensive coverage available. The choice is yours when buying a car protection plan.
The Least Expensive of All
The most economic option overall may be the powertrain extended warranty. This covers items such as:
- Engines
- Transmissions
- Front- and Rear-Wheel-Drive Systems
If you’re on a tight budget, this might be your best choice. Powertrain problems are among the most expensive repairs. Remember, if you have issues with electrical or air conditioning systems, the powertrain coverage won’t pay your costs.
While this is the most basic package, it has lots of benefits. Along with paying for repairs, your plan includes:
- Convenient Payment Terms
- Repair Shop Choice
You can also add on extras, such as a technology package, for more robust coverage.
Get a free quote on an extended warranty today.
Consider Other Packages and Benefits
If you have the money, you might want more comprehensive coverage. The most valuable plans are ones that cover virtually any unforeseen mechanical problem. Plus, these packages often include other perks, such as 24/7 roadside assistance, rental car benefit, and trip interruption coverage.
Your vehicle protection expert will customize a plan based on your driving style and needs. A comprehensive plan will cover all necessary repairs, including:
- Suspension
- Water Pump
- Fuel Pump
- Drive Axle
- Starter
- Air Conditioner
- Engine
- Transmission
- Advanced Technology
This is just a glimpse of the coverage you can get. And with the help of an experienced auto protection specialist, you can secure one of the cheapest extended warranty for cars while getting the coverage you need.
Do you want one of the cheapest extended warranty for cars? Get your free quote today.
Think About the Cost of Ownership When Searching for Car Warranties
You should also consider the lifetime cost of ownership for your vehicle when shopping for the cheapest extended warranty for cars. If you have a vehicle that is prone to high repair costs, you can save money by getting a used car bumper-to-bumper warranty or one of the other options.
Car brands with notoriously expensive repair costs include:
- Dodge
- Chrysler
- Pontiac
- Mercury
- Audi
- Volvo
- Cadillac
- Mercedes Benz
- BMW
- Lexus
This list is far from exhaustive. If you intend to own a vehicle for several years, you’re likely going to face some expensive repairs, regardless of the make and model. When you buy one of the cheapest extended warranty options for cars, the protection plan will pay for those repairs.
Common repairs include:
- Transmission Rebuild or Replacement
- Average Cost: $1,500-$3,000
- Airbag Replacement
- Average Cost: $3,000-$6,000
- Head Gasket Replacement
- Average Cost: $1,000-$1,500
- Radiator Replacement
- Average Cost: $500
- Water Pump Replacement
- Average Cost: $300-$750
- Engine Rebuild
- Average Cost: $2,500-$4,000
If you have to pay for these repairs out of your own pocket, you’ll find yourself scrambling to get the money. Fortunately, one of the cheapest extended warranty for cars will pay for these repairs and more! Then, the warranty will essentially pay for itself.
That means you can:
- Get back on the road quickly.
- Get the repairs you need as soon as you need them.
- Enjoy the peace of mind that comes with an extended car warranty.
Find the cheapest extended warranty for cars by getting a free quote today!
Tips for Finding the Cheapest Extended Warranty for Cars
You know that you can find the cheapest extended warranty for cars by choosing the appropriate coverage. That’s just one way to save on an extended car protection plan, though. You can also save by:
- Choosing a plan with a deductible.
- Getting a payment plan.
- Adjusting your driving style.
- Comparing prices from warranty companies.
- Going big to save money in the long run.
- Getting a customized plan.
- Buying a warranty early.
- Choosing warranties without service requirements.
- Locking in the price.
Find out how these tips can help you find the cheapest extended warranty for cars.
Choose a Plan with a Deductible
You will pay less for the plan if you choose one with a deductible. While you might not like the idea of getting a deductible, it’s generally just $100. It’s much easier to come up with $100 as opposed to $2,000 or $3,000 for an expensive repair. If you’re on a tight budget, inquire about the cheapest extended warranty for cars that includes a deductible.
Your car protection specialist will provide you quotes for plans with different deductible options. That makes it easy to choose the one that fits into your budget.
Get a Payment Plan
You might balk at the idea of an extended car warranty plan because you think you have to pay in full when you purchase it. You can actually lower your upfront costs by setting up a payment plan. You’ll make low monthly payments and your warranty will be active immediately. That’s an easy way to find the cheapest extended warranty for cars.
When you get a quote, the car protection specialist will go over prices with and without a payment plan. Compare both and choose the one that fits into your budget.
Adjust Your Driving Style
Did you know that your driving style is a factor when pricing your extended car warranty? You can save money by changing your driving habits. Your car protection specialist will explain this to you in detail when you get your quote.
Compare Prices from Warranty Companies
Far too many people go directly to an extended warranty company and buy the first warranty they see. This is not the way to find the cheapest extended warranty for cars.
Instead, use a third-party company that provides quotes from different companies. Then, you will find the cheapest extended warranty for cars.
Choose a Customized Plan
You don’t just want the cheapest extended warranty for cars. You want the best value. A car protection specialist will ensure you find that sweet spot between price and value by creating a customized plan.
To customize your plan, the specialist will consider:
- The vehicle’s make and model.
- The vehicle’s repair history.
- The parts most likely to break down.
- The mileage.
- Your driving style.
- The vehicle’s features, such as the technology.
- Your budget.
- Your overall needs.
Then, the specialist will create a plan that only includes the coverage you need. You won’t have to worry about paying for extras that you’re unlikely to use. This is an excellent way to secure the cheapest extended warranty for cars.
Get your customized quote to find the cheapest extended warranty for cars today!
Go Big to Save Money in the Long Run
Remember how powertrain warranties are typically more affordable than comprehensive coverage? They also cover less. Many vehicle owners discover they actually save by going all-in when buying an extended warranty plan.
While your warranty might cost a bit more than a powertrain warranty, it will save you on repair costs in the long run. That means you’ll enjoy financial freedom thanks to your extended vehicle protection plan.
Ask yourself two questions to see if a comprehensive warrant is right for you. Do you:
- Have thousands of dollars in the bank to use on automobile repairs?
- Have the safety net of a manufacturer’s warranty in place?
If you answered “no” to either question, upgrade your plan to comprehensive coverage. A car protection specialist can help you find the cheapest extended warranty for cars that still meets your needs.
Buy a Warranty Early
It’s easy to find the cheapest extended warranty for cars when you buy it early. Getting a warranty when your car is new or has low mileage will save you money. The warrant will cost less, and it will be there for you when you need it.
Now, that doesn’t mean you shouldn’t get a warranty if you have an older, high-mileage vehicle. The older your vehicle, the more likely you’ll need repairs, so you can save money this way, too.
Get a Warranty Without Service Requirements
When you’re shopping for the cheapest extended warranty for cars, you will notice that some have service retirements. That means you have to use one of the warranty company’s approved mechanics to get coverage.
This can be a costly mistake. You might have trouble getting the repairs you need since the mechanic basically works for the warranty company. What if the mechanic refuses to repair an engine or transmission to save the warranty company money? That would be a disaster.
If you want to save money and get the repairs you need, choose from the cheapest extended warranty for cars that don’t include service requirements. Then, you can:
- Choose your mechanic.
- Receive easy approval.
- Get the repairs you need.
Choose a Warranty with a Locked-in Price
When you’re searching for the cheapest extended warranty for cars, you’ll notice that the prices are locked in. This is an excellent way to save when getting an auto repair payment plan.
When you get a car repair, you pay for parts and labor. Labor typically increases each year, so the cost of repairs increases, as well. You can safeguard your finances by choosing a vehicle protection plan with locked-in prices, so you never pay more for repairs.
How to Find the Cheapest Extended Warranty for Cars
You know that extended car warranties provide excellent value, and you’re ready to dive in. The process of securing the cheapest extended warranty for cars is simple.
First, you need to request your free quote. This is easy. You just need your vehicle’s:
- Year
- Make
- Model
- Mileage
You can do this online or call 1-800-484-4571 to speak to a car protection specialist directly.
If you choose the online option, a car protection specialist will call you to get more information. During the call, explain what you want out of a warranty. Do you have expensive technology? Is your vehicle high-mileage and prone to breakdowns? Provide the specialist with all the information, so you can get your quote.
Your car protection specialist will take that information and create a customized quote just for you. You might need a basic plan or something more involved, depending on your needs.
The specialist will give you different plan options so you can choose the one you want. This will include plans with and without deductibles. Once you make the choice, decide how you want to pay. Pay in full or make low monthly payments.
Then, your auto repair insurance will be in effect and you can drive with the protection you need. Even with the cheapest extended warranty for cars, you’ll still get excellent protection.
The Bottom Line – It’s About the Value
The bottom line is that extended warranties make sure your auto repair costs are covered. You just have to choose the right package for you. With the right package, you can save money while still getting the coverage you need.
These plans pack in excellent value and provide you with peace of mind. Enjoy the benefits of an extended car warranty plan by requesting a free quote today!
