Extended car warranties have the most value for drivers with high-mileage vehicles because this is when the risk for breakdowns is at its highest. So, if you rely on your 245,000-mile truck for work, an extended car warranty from CARCHEX has better value than if you drove a new car with just 40,000 miles.
All cars tend to become less reliable over time, so an extended warranty might be worth considering if you’re planning to keep your vehicle long after the factory warranty runs out.
Extended warranties, also known as "service contracts," can provide peace of mind to some car buyers. Car dealerships like them because they are an additional profit center for the business.
Typically auto warranties for used cars cost $350–$700 per year. Not all providers offer auto warranties for used cars, and not everyone qualifies for those who do.
Protect your car for the long term with Warranty Direct, the exclusive extended warranty partner of Kelley Blue Book.
Delta Auto Protect is an administrator of VSCs and does not sell warranties. Delta Auto Protect uses the terms “Warranty,” “Extended Warranty,” “Program,” and “Extended Service Program,” with “Vehicle Service Contract” and “Extended Service Contract” for marketing purposes only.
Buyers will almost always be offered an extended warranty of some kind. They go by a lot of names, including extended service contract, extended warranties, mechanical breakdown insurance, service agreements, and vehicle protection plans. Most promise to pay for unexpected repairs after the manufacturer’s warranty expires.
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