How much should a car extended warranty cost?

How much should a car extended warranty cost?

If purchased from the manufacturer, extended warranty plans can cost about $1,000 to $1,500, according to Money Crashers. At CARCHEX, however, we review and research a wide range of auto warranty packages to make sure you’re getting the best protection plan for your specific needs.

Are powertrain warranties worth it?

If you’re just looking for protection for essential components like the engine, then you should consider an extended powertrain warranty. If you want full coverage for your vehicle, an extended warranty that includes both bumper-to-bumper and powertrain coverage is your best bet.

Is it worth taking extended car warranty?

Buying an extended warranty is always beneficial, especially if you are looking at keeping your car for long. Yes, it may not cover some parts and faults, but what you get is a lot. And even though it might cost you a premium, it can save you big money in the long run or help you sell your car.

Can I take extended warranty after purchase?

You can buy the extended warranty through the manufacturer or dealers. You can also check third party offers as they might have better schemes. It is advised you buy the extended warranty at the time of purchase as you are likely to get a better deal.

Why extended warranties are bad?

While it may sound like a good idea in theory, extended warranties often come with a high price tag and don’t necessarily cover everything that could go wrong. Plus, many people who buy extended warranties never use them. In that case, an extended warranty becomes a cost with no financial return.

What is the average cost of CarShield?

between $99.99 and $129.99 per month
What is the Average Cost of a CarShield Warranty? A very basic, no frills CarShield plan costs between $99.99 and $129.99 per month. Your pricing will vary greatly depending on the age and mileage of your car, and other factors that are specific to you.