A new vehicle is typically protected under a factory car repair warranty for a specific number of years or miles. A standard manufacturer or factory warranty covers a vehicle for 3 years or 36,000 miles. After that time or mileage threshold is reached, the financial responsibility for most or all needed repairs for a vehicle lies with the owner.
Vehicle repairs can be very expensive. For example, according to haynes.com, a common alternator replacement can cost between $401 to $802. A timing belt replacement, which is also common, typically costs between $652 to $855.
This article makes it easier for you to decide whether a car repair warranty is right for you by describing what car repair warranties are, what they cost, and who the most reputable providers in the industry are.
In this article:
If you’re considering one, we recommend getting a few quotes so you can see personalized pricing side by side. Below are the companies…