How much does an extended car warranty cost?

No, it is not worth buying a warranty on a used car in most cases. It’s only worth buying an extended warranty for a used car if the vehicle is particularly unreliable and the owner cannot afford to pay out of pocket for expensive repairs. For drivers with reliable cars and the ability to pay for repairs, used car warranties generally do not provide much value compared to the expense.... read full answer

Car warranties, also known as vehicle service contracts, are plans designed to pay for repairs to a car’s major parts and systems. However, used car warranties usually require costly up-front or monthly payments to keep you from paying for repairs that you may never need. For instance, most drivers end up paying more for the warranty than they receive in claim payouts.

On the other hand, an extended warranty might be worth it for you if you’re worried about the possibility of unaffordable car problems. But in most cases, it’s better to save the money you’d spend on a used car warranty and then use it to cover any repair expenses that arise.

Yes, AAA offers a type of extended warranty. The AAA extended warranty program is called the AAA Vehicle Protection Plan, and it covers the cost of repairs to the engine, transmission, suspension, steering, and brakes, among other things.

The cost of AAA's Vehicle Protection Plan varies depending on the vehicle, but it averages about around $2,400 for a 4 year plan, though vehicles with expensive parts can cost twice that.... read full answer

In general, extended warranties are meant to keep drivers from paying out of pocket for sudden repairs, since mechanical problems are not covered by other types of auto insurance.

What AAA Extended Car Warranties Cover

• Engine
• Transmission
• A/C & Heating
• Drive Axle
• Cooling System
• Fuel System
• Electrical
• Suspension
• Brakes
• Steering
• Convenience Tech

Coverage details can vary depending on which AAA plan you choose. Additionally, since the AAA Vehicle Protection Plan is designed to supplement the original manufacturer’s warranty, cars must meet certain requirements to qualify.

AAA Extended Warranty Eligibility Requirements

• The vehicle is less than 15 years old
• The vehicle has less than 150,000 miles

Coverage and eligibility details can vary by state. It’s also worth noting that the AAA Vehicle Protection Plan is technically a vehicle service plan, which provides the same coverage as an extended warranty. However, vehicle service plans are offered by car insurance companies, whereas extended warranties are generally sold by dealerships or third-party companies. For more information, check out WalletHub’s guide to extended car warranties.

No, Liberty Mutual does not offer extended warranties. Liberty Mutual does not sell anything similar to an extended warranty, such as mechanical breakdown insurance, either. Liberty Mutual did offer extended warranties through ForeverCar, but they no longer have this available.

On the other hand, drivers can buy extended warranties from ... read full answerAAA and Allstate, or mechanical breakdown insurance from insurers such as Geico and USAA. Like extended warranties, mechanical breakdown insurance covers damage to major systems in a vehicle, including the engine and transmission.

For more information, check out WalletHub’s guides to mechanical breakdown insurance and extended car warranties.