Auto Warranty Comparisons

Casey Louw
Casey Louw
Extended Warranty Specialist
November 29, 2021
min. read
rear view of a blue vw beetle on a road lined with trees

When it comes to auto warranties there are two main types of warranty on offer. The bumper-to-bumper warranty or exclusionary coverage offers maximum coverage at a more expensive rate than the powertrain warranty. An auto warranty is also known as a Vehicle Service Plan which means the same thing and offers varying levels of coverage. Powertrain warranties offer less coverage and are more affordable. When it’s coming up to the point that your factory warranty is running out you need to ask the question: should I buy an extended auto warranty?

Purchasing an extended auto warranty is a wise idea. Should you encounter a mechanical breakdown in your car, your extended auto warranty will cover the costs of the repairs. We would like to explore the workings of a BMW warranty, and will use the example of searching for a BMW 320, Year 2016, with 63,000 miles on the odometer on the Chaiz Search tool.

What is Covered by a BMW Limited Warranty?

When you buy a new car from BMW your car is covered for defects in materials or workmanship from the factory. The warranty starts on the sale date of the new BMW and lasts for 4 years or 50,000 miles (whichever comes first).

What Should You do After Your Factory Warranty Has Expired?

In using the example of a BMW 320, Year 2016, with 63,000 miles on the odometer, your car is over 4 years old and over the mileage limit of the  Factory BMW Limited Warranty. The question is now, should you buy an extended auto warranty? It is a very good idea to invest in an extended auto warranty. If your BMW breaks down, your mechanical repairs will be covered. You need to figure out which is the best extended auto warranty.

Should You Use Chaiz to Find Your Auto Extended Warranty?

We recommend using Chaiz to find a third-party warranty provider that suits your driving and financial needs. Input your car’s data on to our Search tool and compare auto warranty costs in seconds. Our online marketplace and Search tool will bring up a list of warranty providers in a short space of time so you can choose the best one for you.

Choosing the Best Extended Auto Warranty

When you have used our Search tool, you will notice there are two options of warranty you can choose from, namely the bumper-to-bumper auto extended warranty option and the powertrain auto extended warranty option.

The bumper-to-bumper auto warranty/ exclusionary coverage is more comprehensive than the powertrain auto warranty and is more expensive. The powertrain warranty offers less coverage but is cheaper. If you find you drive a lot per year investing in a bumper-to-bumper warranty will be a better option as it offers maximum coverage on your car.

Auto Extended Warranty Cost

In using the above-mentioned example of a BMW 320, Year 2016, with 63,000 miles on the odometer, bumper-to-bumper and powertrain warranties can be compared.

Choosing a Bumper-to-Bumper Auto Extended Warranty

We will look at the auto extended warranty cost for the example of the BMW 320, Year 2016, with 63,000 miles on the odometer. The bumper-to-bumper extended warranties are as follows for this example:

You can choose your favorite option from there. Car components coverage differs between third-party warranty providers, which affects pricing.

Choosing a Powertrain Auto Extended Warranty

We will look into the auto extended warranty cost for the example of a BMW 320, Year 2016, with 63,000 miles on the odometer. The powertrain extended warranties options for this example are as follows:

At the end of the day you will realize there are pricing differences in the powertrain options. The auto extended warranty cost will vary from warranty provider to warranty provider. This is due to different levels of coverage between warranty providers.

If you feel you drive a lot, opt for the bumper-to-bumper (“exclusionary coverage”) auto extended warranty route as you will be more likely to encounter mechanical breakdowns. If you feel you don’t drive a lot the powertrain auto extended warranty will suit you.

Is it a Worthwhile Idea to Invest in a Third-Party Auto Extended Warranty?

It is definitely a good idea to purchase a third-party extended warranty or Vehicle Service Plan. Chaiz makes the process of obtaining quotes easy and accessible. Simply input your car’s data and within a few seconds you can compare the top bumper-to-bumper and powertrain extended auto warranties. Choosing the best extended auto warranty has never been easier with Chaiz.

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