Extended car warranty costs for used cars typically average around $1,000 per year, though prices vary significantly based on several key factors:

Key Cost Factors:

• Vehicle age and mileage
• Make and model (luxury vehicles cost more to cover)
• Coverage level selected
• Deductible amount
• Payment terms (upfront vs. monthly)

Tips to Get the Best Price:

• Have accurate mileage information ready
• Provide your VIN when requesting quotes
• Ask about available discounts
• Review coverage details carefully
• Choose a reliable warranty provider

Important Considerations:

• Most providers won't cover vehicles over 150,000 miles or 15 years old
• Luxury vehicles typically have higher premiums due to expensive repair costs
• Lower deductibles mean higher overall costs
• Many providers offer flexible payment plans (12-36 months)
• Coverage is often transferable if you sell the vehicle

Standard Benefits Include:

• 24/7 roadside assistance
• Rental car reimbursement
• Trip interruption coverage
• Choice of repair facility
• 30-day money-back guarantee

Coverage Options:

• Basic powertrain protection
• Comprehensive coverage
• Specialized plans for high-end vehicles
• Plans for commercial use vehicles
• Coverage for Canadian Grey Market vehicles

To get the most value, compare quotes from multiple providers and carefully review contract terms, including covered components and exclusions. Remember that dealer-offered warranties often cost more than third-party options due to middleman markups.

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