Is Buying A Warranty On A Used Car Worth It -

The cost of an extended warranty typically ranges from total, or roughly $600 to $1,000 per year . Average Annual Cost What it Usually Covers Powertrain $600 – $750 Engine, transmission, and drive axles. Midlevel $1,000 – $1,500 Major mechanicals plus AC and steering. Bumper-to-Bumper $1,700 – $4,600 Most systems, excluding wear-and-tear items. Critical "Red Flags" in the Fine Print Should I Buy an Extended Warranty on a Used Car?

: Many plans include roadside assistance , towing, and rental car reimbursement, which add value beyond just mechanical fixes. When You Should Probably Skip It is buying a warranty on a used car worth it

Buying a warranty for a used car (technically a ) is generally worth it if you own an older, high-mileage vehicle , drive long distances frequently, or lack the emergency savings to cover a sudden, multi-thousand-dollar repair bill . However, for newer, highly reliable used cars still under factory coverage, the upfront cost of a warranty often outweighs the potential benefits. When a Used Car Warranty is Worth It The cost of an extended warranty typically ranges