The cost of an extended auto warranty varies from a few hundred dollars to a few thousand dollars. However, the extended car warranty costs depend on several factors, including the vehicle’s make and model, the car’s age, mileage, the length of the vehicle service contract, the type of coverage offered, and the owner’s choice of deductible and coverage.

Before gathering extended car warranty quotes and determining a fair cost of an extended car warranty or auto protection plan, there are a few things you’ll need to know:

• Basic Information: You’ll need to know basic information about your vehicle, including your vehicle’s make, model, year, and mileage. These are all influential factors in your auto protection plan quote.
• Level of Coverage: Do you want comprehensive coverage similar to your bumper-to-bumper factory, or do you prefer to have the essentials covered with a basic powertrain warranty? Or somewhere in between? The level of coverage you select can make a significant impact on your monthly premium and overall costs.

Other considerations as to whether or not the price is fair include:

• The length of the coverage terms.
• Additional fees like deductibles, service fees, or transfer fees.
• The overall reliability, customer service, and reputation of your warranty provider.

Every vehicle, driver, car warranty provider, and budget are different, so what is “fair” to one car owner may not be enough coverage for another. In addition, every automaker and third-party car warranty provider offers different coverage options. Therefore, reading the fine print, shopping around, and comparing several auto warranty providers and contracts is vital to ensure you get the best coverage at the best price for your needs.