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What's The Average Extended Car Warranty Cost? Based on our research, the average extended car warranty cost is about $2,550, though it can range from $1,000 to $4,500 or more depending on the plan.

Featured Extended Warranty Companies A bumper-to-bumper warranty is the highest level of car warranty coverage available and pays for most repairs in the case of a mechanical breakdown.

Powertrain extended warranty: Powertrain warranties protect the most vital parts of your vehicle that deliver energy from the engine to the wheels, including the engine, transmission, drive axle, and suspension parts.

When it comes to the long-term cost of your car, extended warranties are generally ?a bad deal,? says Gillis. In a Consumer Reports survey, 55% of people who purchased an extended warranty never touched it. Among those who did use the warranty, most saved less on repairs than they paid for the contract.

As the name suggests, powertrain warranties cover only the vehicle's powertrain, which is usually a car's most significant and most expensive component. Meanwhile, the bumper-to-bumper warranty covers everything ? the powertrain, the electronics, the suspension, vehicle systems, and more.

Con: They Are More Expensive When Purchased Later The best prices, though, are when the vehicle is new. In addition, with a few miles on the odometer, you will command a top deal. For new cars, the service contract will not kick in for several years, usually near the time the original warranty expires.

Yes, a bumper-to-bumper extended warranty can be worth it if you're looking for peace of mind to avoid costly repairs or if your vehicle is not reliable. Most third-party warranty providers like CARCHEX offer several plan options that you can choose from to fit your budget.