Top 10 Extended Warranty Companies - The factory warranty you get with a new car covers the cost of many car repairs during the coverage period. As a result, a new car warranty can protect you from unexpected repair costs and save you money.
Long-term factory coverage offers strong value to car owners, so our team researched the best new car warranties on the market. We've reviewed the coverage and terms of every major U.S. automaker and ranked the top 10 based on what we found. You'll find our results in the following article along with information on the best auto warranties if you're looking for a longer coverage period.
Top 10 Extended Warranty Companies
Different car manufacturers offer different durations and coverages with their factory warranties. Warranty terms are listed in both years and kilometers. Coverage usually ends at the first threshold. Most car manufacturers have separate terms for the bumper-to-bumper warranty and the power transmission warranty, with the bumper-to-bumper coverage terms being shorter.
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Our team has ranked the best manufacturers of new car warranties in 2023. These ratings are based on the terms of factory warranty coverage, components covered, and benefits. You will find a list of the top 10 new car warranties in the table below with their terms.
Our research team found that Genesis, Hyundai, Mitsubishi, Kia, Tesla, Lincoln, Jaguar, Cadillac, Lexus and Acura have the best new car manufacturer warranties. In the following section you will find detailed information on each of the 10 new car factory warranties.
Genesis is associated with the best new car warranty and is generally the best luxury brand. Like the other top automakers on this list, Genesis backs its new cars with a five-year or 60,000-mile bumper-to-bumper coverage and a 10-year or 100,000-mile basic motion warranty for its group. The factory warranty also includes five years of roadside assistance with unlimited miles.
Additional benefits are where the Genesis New Car Warranty really shines. The company includes a free service plan of three years or 36,000 miles as part of its Genesis Service Valet program.
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Genesis 24/7 Comprehensive Roadside Assistance Plan includes tire servicing, alternative transport services and trip interruption compensation for five years.
Hyundai competes with Genesis in the battle for the best new car warranty. All of the automaker's new vehicles get five years or 60,000 miles of bumper-to-bumper coverage and 10 years or 100,000 miles of powertrain coverage. Hyundai's bumper-to-bumper warranty covers most factory-installed parts against faulty materials or workmanship. The Hyundai Powertrain Limited Warranty covers your vehicle's engine, transmission and transmission components.
Hyundai's five-year roadside assistance plan offers towing, trip interruption benefits, lockout service, tire service, battery jump start and emergency fluid delivery.
Mitsubishi's warranty includes a five-year or 60,000-mile new vehicle limited warranty for bumper-to-bumper coverage and a 10-year or 100,000-mile limited engine, transmission or transmission warranty. While the new vehicle limited warranty transfers to the new owner, the powertrain warranty does not.
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Mitsubishi Roadside Assistance includes towing services, jump starts, tire services and emergency fuel and fluid delivery. Vehicle owners can use the Mitsubishi Road Assist+ mobile app to access contact information in the event of a mechanical breakdown. These benefits help a car maker stand out from the rest in terms of what it offers with its warranty.
New Kia models come with 5-year or 60,000-mile bumper-to-bumper coverage and a 10-year or 100,000-mile powertrain warranty. Bumper-to-bumper coverage covers nearly all Kia components and systems, except for express warranty exclusions. Kia powertrain coverage includes engine, transmission or transmission, and vehicle transmission.
The five-year or 60,000-mile roadside assistance program includes lockout services, start assistance, tire deflation assistance, fluid transmission, towing and trip interruption benefits.
Tesla offers one of the best new car warranties when it comes to electric vehicles (EVs). The company includes an average of four years or 50,000 miles of coverage with its new vehicles. However, Tesla offers the longest powertrain warranty on the market, with terms ranging from 100,000 to 150,000 miles, depending on the model.
Hyundai Warranty Coverage
Tesla Model S and Model X vehicles have the longest battery and transmission warranty at 150,000 miles. Model 3 owners get 100,000 miles of rear-wheel power coverage, while owners of other vehicles get 120,000 miles of coverage. However, Tesla's warranty agreement states that the batteries must retain 70% of their capacity.
Tesla includes 24/7 roadside coverage for the entire new vehicle limited warranty, which lasts four years or 50,000 miles.
Lincoln offers the best new car warranty of any American manufacturer, ahead of Ford, Chevrolet and others. Bumper-to-bumper coverage lasts four years or 50,000 miles. New Lincoln owners also get six years or 70,000 miles on transmissions, drive axles and other powertrain components.
Again, Lincoln offers roadside assistance for the lifetime of the original owner. It offers 24/7 coverage up to $100, towing service and more. If you buy a used Lincoln, you'll have on-the-road coverage for up to six years or 70,000 miles from the original service date. However, this coverage is not transferable.
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Jaguar offers bumper-to-bumper length, power and roadside assistance. New owners get five years or 60,000 miles. While that's less power coverage than automakers like Infiniti, it's an extra year of bumper-to-bumper protection. This is a business that many people are happy with.
Jaguar offers free roadside assistance anywhere as long as your new car warranty has not expired. If you're traveling more than 50 miles from home, Jaguar will cover the cost of an overnight stay and alternative transportation to your next destination.
Cadillac's factory warranty is the second highest among American automakers. Four years or 50,000 miles of bumper-to-bumper protection and 6 years or 70,000 miles of power transmission coverage are generous compared to many others.
New Cadillac vehicles come with roadside assistance coverage for six years or 70,000 miles. These include services such as towing to the nearest dealer, battery jump start and 24/7 fuel delivery service.
Best Extended Car Warranty Plans And Coverage (2023)
Lexus offers longer warranties than its parent company, Toyota. New Lexus vehicles come with exclusive bumper-to-bumper coverage for four years or 50,000 miles and powertrain protection for six years or 70,000 miles. These also offer longer terms than companies like Honda, Volkswagen and Nissan for their new cars.
Every new Lexus also comes with four years or 50,000 miles of roadside coverage. Owners can access coverage by phone or through the Lexus app, available for iOS and Android.
Acura's warranty includes a 4-year or 50,000-mile limited vehicle warranty and a 6-year or 70,000-mile powertrain limited warranty. The new limited vehicle warranty acts as bumper-to-bumper coverage and also protects the 12-volt electric batteries. Like other manufacturer warranties, Acura powertrain coverage protects the components that move your vehicle, such as the engine, transmission or transmission, and transfer case.
Acura's roadside assistance plan includes battery jump starting, lockout service, emergency fuel delivery, tire service and emergency towing to an Acura dealer or authorized repair shop.
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Genesis is our pick for the best new car warranty. It includes a five-year or 60,000-mile bumper warranty as well as a 10-year or 100,000-mile powertrain warranty. The coverage plan is one of the longest in the industry, offering battery protection, free service adjustments and five years of unlimited roadside assistance.
The best new car warranties include extended coverage for nearly all major parts and systems. Because the exclusive bumper-to-bumper warranty covers most of the vehicle's components, protection is likely to be activated in the event of a mechanical or electrical failure. Longer powertrain warranties are also beneficial, as engine components can be the most expensive to replace or repair.
Almost all cars come with a warranty, including the best new car warranty providers. Waste coverage usually consists of two parts: the federal waste control warranty and the California waste control warranty.
The federal government requires automakers to provide warranties on emissions-related components such as catalytic converters and powertrain control modules. California has developed additional guidelines for emissions warranties that many automakers in some states follow.
Warranties: Usually Not Worth The Cost
After the new car warranty expires, investing in an extended warranty may be the right financial decision for some drivers. The reliability of your vehicle, the length of time you will own the vehicle, and your budget for vehicle repairs are factors to consider.
If you always have access to thousands of dollars to make emergency repairs, you don't need to expand your business coverage. But if you want to manage your potential costs with a flat payment or monthly payment plan, an extended warranty can be a good choice.
Along with extending part or all of your new car warranty, vehicle service contracts have other benefits, such as:
Both car manufacturers and third-party companies offer extended car warranty contracts. These are also known as vehicle service contracts or vehicle protection plans. The pros and cons of extended car warranties vary among them
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