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How Much Should You Pay for an Extended Auto Warranty

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Auto Warranty in Arkansas

Arkansas MapArkansas drivers who are planning to purchase a car would be wise to study the provisions of auto warranties. Auto warranties are all slightly different and may cover different parts and components of the vehicle, so understanding them and reading the fine print is crucial to making a wise decision.

Most auto warranties cover up to a certain mileage, such as 36,000 miles or 100,000 miles. According to the provisions of the warranty, any covered items that need repair before that mileage is reached will have the repair paid for by the company issuing the warranty. Major repairs include the engine and transmission. Many warranties offer coverage on the electrical components. A good warranty should provide coverage on the labor and parts.

How much do auto warranties cost? That depends on the make and model of the vehicle. A Honda is one of the cheapest vehicles to provide a warranty on, most likely due to their reputation as being a reliable make of vehicle. Auto warranties on a Honda cost anywhere from $1,200 - $2,800 per year. A Lexus, on the other hand, could cost anywhere from $2,500 - $3,800. Although the price for an auto warranty may seem high, many people who had one in place when it came time to replace the engine or the transmission were grateful for the money that was saved.

Before purchasing an auto warranty, the buyer should understand how the warranty works. Can the buyer have the car serviced at any authorized repair center, or will the warranty require that the vehicle be taken back to the dealer's lot where it was purchased? This could be an important factor if the vehicle is being purchased in a different town, if the buyer moves, or the vehicle breaks down on a trip. The buyer should read the contract and understand the requirements before making any decisions.

Many car buyers in Arkansas have found they make the best decision on auto warranties when they learn about them before making the purchase.


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Published:  Sun, 08 Jul 2018 06:25:00 GMT

Hyundai Hope On Wheels Presents the UNC Lineberger Comprehensive - KAIT Jonesboro, AR - Region 8 News, weather, sports

All new Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes a 5-year/60,000-mile fully-transferable new vehicle limited warranty, Hyundai's 10-year/100,000-m...

Published:  Fri, 06 Jul 2018 08:15:00 GMT

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Published:  Thu, 19 Jul 2018 15:02:00 GMT

2018 Skoda Karoq

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Published:  Wed, 27 Jun 2018 12:00:00 GMT

Feds Sue Car Warranty Companies Behind Robo-Calls

Federal Trade Commission officials said they asked a federal court in Chicago to halt the illegal telemarketing campaign of "Your Car Warranty Has Expired ... Attorneys general in Arkansas, Indiana an...

Published:  Thu, 14 May 2009 08:12:00 GMT


You answer and a recorded message says: "Your car's factory warranty is about ... and makes it harder to track them. The Arkansas Attorney General's Office also filed a legal action against a South Fl...

Published:  Tue, 26 May 2009 17:00:00 GMT

Bankrupt U.S. Fidelis owners agree to settlement on extended auto warranty business practices

The business practices of U.S. Fidelis, which operated as National Auto Warranty Services and Dealer Services until ... In addition to Washington, the following states took part in the settlement: Ark...

Published:  Mon, 08 Nov 2010 15:06:00 GMT

FTC sues to stop auto warranty 'robo-calls'

If a consumer received such a call about his car warranty, "there's a very real chance that these ... agency officials said. Attorneys general in Arkansas, Indiana and Missouri have taken similar acti...

Published:  Thu, 14 May 2009 17:00:00 GMT


That way, if it does get markedly worse over time, and something really is wrong, you'll have a record that you complained about it while the car was under warranty. The other thing you can do is ask ...

Published:  Sat, 15 Jul 2017 00:02:00 GMT

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