Aftermarket Auto Warranty Cost
You may be wondering, what is an aftermarket auto warranty? This is protection you invest in after the point that your factory warranty expires. Factory warranties last a set number of years or expire when you reach a certain mileage and differ per car make. They come with your new car and cover your car’s repair costs when it has a mechanical breakdown. It is named “aftermarket warranty” because it can be placed on your vehicle at any point after purchase. In other words, it was purchased after the car was off the market or had left the dealership. “Aftermarket auto warranties” are also called “extended auto warranties.” The right term for an aftermarket auto warranty is a vehicle service contract.
Chaiz offers you a marketplace with a selection of aftermarket auto warranties or extended auto warranties for you to choose from. Once you input your car’s details onto our search tool, the top third-party provider’s aftermarket auto warranty quotes will appear. We will look at aftermarket auto warranty cost, in particular by examining the cost of the most popular Toyota sedan, a Toyota Corolla, and most popular Toyota SUV, a Toyota RAV-4, in America.
The Best Aftermarket Auto Warranty
Choosing the best aftermarket auto warranty is dependent on a number of factors. You need to take into account your driving habits and financial needs. Chaiz offers you three tiers of aftermarket auto warranties.
The first tier of coverage is known as the bumper-to-bumper aftermarket auto warranty and is sometimes referred to as “exclusionary” coverage. This tier of coverage is the most comprehensive and also the most expensive. If you are someone who travels far in their car every year, you will have greater wear and tear on your vehicle. It would be a wise idea to purchase a bumper-to-bumper aftermarket auto warranty as this choice has optimal coverage for your car in the event of a mechanical breakdown.
If you drive relatively far in your car per year, the Chaiz powertrain plus aftermarket auto warranty is the second tier of coverage. This will suit your driving needs and is a slightly cheaper option than the first tier of coverage. If you don’t rack up a lot of mileage in your car per year the powertrain aftermarket auto warranty will work for you. This is also the most affordable tier of coverage. Choosing the best aftermarket auto warranty is therefore dependent on your driving and financial needs.
What’s Covered in Toyota Factory Warranty?
In order to ascertain which is the best aftermarket auto warranty, it is important to do an aftermarket auto warranty review. Any Toyota comes with a basic factory warranty of 3 years or 36, 000 miles whichever comes first covering all components excluding normal wear and tear maintenance areas. They also offer powertrain coverage for 3 years or 60,000 miles whichever comes first. This covers the engine, the transmission/transaxle, the front-wheel-drive system, rear-wheel-drive, the seatbelts and the airbags.
An Aftermarket Auto Warranty Review of a Toyota Corolla
If you use the example of a 2017 Toyota Corolla with 57, 000 miles on the odometer and you input these details on Chaiz, the top third-party warranties can be compared. This is the most popular Toyota sedan in the US market. A bumper-to-bumper aftermarket auto warranty costs around $46 a month. This will be your most comprehensive and most expensive warranty and will suit someone who needs comprehensive coverage because they drive far in their car.
For this example, a powertrain plus aftermarket auto warranty will cost around $44 a month. If you drive mid-range distances this will suit you and is slightly cheaper than a bumper-to-bumper aftermarket auto warranty and less comprehensive.
For a 2017 Toyota Corolla with 57, 000 miles on the odometer, a powertrain aftermarket auto warranty will cost around $42 a month. This is the least comprehensive and cheapest option and will suit someone who doesn’t drive far in their car. Coverage levels differ per warranty provider and this affects the aftermarket auto warranty review. Choose the option that suits your driving and financial needs best.
An Aftermarket Auto Warranty Review of a Toyota RAV-4
If you look at the example of a 2017 Toyota RAV-4 with 57, 000 miles on the odometer and type these details into Chaiz you can compare third-party warranty provider quotes within seconds. The RAV-4 is the most popular SUV made by Toyota in the US market. A bumper-to-bumper/exclusionary coverage aftermarket auto warranty costs around $47 a month. This is the most comprehensive form of coverage and the most expensive.
A powertrain plus aftermarket auto warranty will cost around $45 a month for the above example. This suits someone who drives mid-range distances a year. It’s slightly cheaper than bumper-to-bumper coverage. A powertrain aftermarket auto warranty for a 2017 Toyota RAV-4 with 57, 000 miles on the odometer will cost around $43. This is the least comprehensive and cheapest option and suits someone who doesn’t travel far in their car.
After doing an aftermarket auto warranty review of a Toyota Corolla and Toyota RAV-4 it can be seen that investing in an aftermarket auto warranty is a good idea. If your car runs into a mechanical problem the repairs will be covered and you won’t have to pay for them yourself. You can save thousands of dollars and choose the best aftermarket auto warranty with Chaiz.
Are There Extra Perks With an Aftermarket Auto Warranty Offered by Chaiz?
Some of the warranty providers we offer include added perks like:
- Roadside assistance
- Tire changing service
- Fuel delivery
- If your car breaks down more than 100 miles from your home, your accommodation fees may be covered
With some of our warranty providers offering these perks you can feel safer on the road knowing help is within reach if you need it.
It’s a Worthwhile Idea to Invest in an Aftermarket Third-Party Auto Warranty with Chaiz
It’s definitely wise to invest in an aftermarket auto warranty with Chaiz when your factory warranty is due to expire. Drive with contentment knowing your car will be covered in the event of a mechanical breakdown and potentially save thousands of dollars with a Chaiz aftermarket auto warranty.