Can you get an extended warranty after 100k miles?
Can you get an extended warranty after 100k miles?
A. Not necessarily. All plans have coverage limits, but you may find your extended warranty lasts beyond the 100,000-mile mark. When a car reaches this mark, however, it may be a good time to find a different warranty plan if you think you will need different or more coverage.
Is extended warranty mandatory?
The key benefit of an extended warranty is that it gives you a good protection against the failure of a major & expensive part (e.g. engine or gear box of a car). But it is also true that extended warranties are not needed in each and every case, and therefore you need to exercise some caution while going in for one.
Is extended warranty good for cars?
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.
Who is the best car warranty company?
The Best Car Warranty Companies
| Car Warranty Company | Best For | |
|---|---|---|
| 1 | Endurance Auto Warranty | Great Coverage |
| 2 | CarChex | Great Service |
| 3 | CarShield | Great Reputation |
| 4 | Liberty Bell Auto Protect | Great Broad Coverage |
Why to get an extended warranty?
Coverage of wear-and-tear components is one of the best reasons to get an extended warranty since that can cover things like brake pads, oil changes, filters, and clutches, all of which are items that get changed quite often during the lifetime of a vehicle.
Is it bad to buy a car with over 100k mileage?
No, in most cases, buying a car with 100K miles is not a bad idea. In fact, there are a number of benefits to buying a high-mileage car. For example, cars with 100K miles cost less to purchase, register, and insure, all while depreciating slower than low-mileage cars.
What is the cost of extended warranty?
To budget, a good car extended warranty from a reputable company will cost anywhere from $350 to $800 per year or about $750 to $4,500+ as a one-time payment. Payment can either be paid in full, monthly or tied in with your auto loan.
What is the best extended warranty for used cars?
Best Extended Warranties for Used Cars 2021 CARCHEX – Most variety in plan options Endurance – Best direct service contract provider Ally Flex Coverage – Solid across most car brands Chrysler Warranty Direct – Best for Chrysler/Jeep/Dodge/Ram vehicles GM Extended Protection Plan – Best for GM vehicles Honda Care – Best for Honda vehicles still under factory warranty