What is the average cost of a car warranty?

Typically the average cost of an extended car warranty would be around $1,800 with a good quality package and after-sales service. But when you divide that price up into affordably low monthly payments, protection for your vehicle ends up costing a whole lot less than your cable bill.

Is car shield worth the money?

Our research on CarShield’s coverage options, costs, and customer service shows that CarShield could be a great choice to protect your vehicle in the long run, especially if you’re on a tight budget and in need of a used car warranty. … Our research found this provider to be the most affordable.

What is the best car warranty to buy?

Top Reputable Extended Car Warranty Companies

Warranty Provider Our Award Motor1 Rating
1. Endurance Best Coverage ★★★★★
2. CARCHEX Best For Used Cars ★★★★½
3. Protect My Car Best Maintenance Benefits ★★★★½
4. autopom! Best Claims Process ★★★★½

Can you buy a car warranty at any time?

You can purchase an extended auto warranty at any time, although waiting until the original factory coverage has expired will generally mean paying a higher premium rate. The most advantageous time for purchase may be near the end of the original warranty term.

How do you price a warranty?

Assessing Value by Price. Compare the cost of the extended warranty against the cost of the product. A well-priced warranty should cost a small percentage of the product’s original cost. If the cost of the warranty is more than 15 to 20 percent of the product cost, then it may not be worth it.

IT IS INTERESTING:  Do car batteries overheat?

How much should I pay for an extended warranty?

However, there are many coverage plans out there that will give you the same sense of security and will cover almost every component on the vehicle. Typically the average cost of an extended car warranty would be around the range of $1,800 with a good quality package and after-sales service.

Is CarShield a sham?

Is CarShield a scam? No, CarShield is not a scam. The extended warranty provider has been in business for 16 years, during which time it has covered over 1 million vehicles. … CarShield offers six warranty plans that range from comprehensive exclusionary coverage to a basic powertrain plan.

Does Car shield cover timing belt?

B. THESE PARTS ARE COVERED This CONTRACT covers ONLY the components/parts listed below: 1. ENGINE (Gas or Diesel): All internally lubricated parts within the Engine, including engine mounts, timing belt, timing gears, cylinder head intake and exhaust valves, valve springs, valve guides, valve seats and oil pump.

Does CarShield have a deductible?

All CarShield auto repairs have a very low or nonexistent deductible. Your covered repair claims will be paid, after your deductible, directly to your mechanic or dealer.

Blog about car repair