How much does powertrain warranty cost?
Average cost of an extended car warranty. Average extended car warranty costs depend on the type of plan you choose. Powertrain warranties are most popular and range from $600 to $750 per year, while bumper-to-bumper warranties usually cost $1,000 a year. What does an extended car warranty cost in Canada? The cost of a car warranty in Canada is already worked into the vehicle price, but extended warranties can cost around $1,000 or more. The price depends on the type of warranty and the level of coverage provided.Based on this data, extended auto warranties cost an average of $1,297 per year across providers, plans, coverage options and vehicles. We also surveyed 1,000 extended auto warranty owners in January 2025.The average cost of an extended warranty in Canada ranges from $1,000 to $2,000. However, the cost can be much higher depending on the extent and duration of the coverage.The cost of your extended vehicle warranty depends on a variety of factors, like the make, model and age of your car. However, you’ll typically need to pay at least $1,000 per year of coverage, and you may need to pay as much as $3,000 per year, or even more.
Is powertrain warranty worth it?
Your powertrain warranty will cover parts such as the engine, transmission and oil pump. A powertrain warranty can last as long as 10 years or 100,000 miles. Without a powertrain warranty, you can pay thousands of dollars out of pocket for repairs. A powertrain warranty specifically covers components responsible for creating and delivering engine torque (power) to the wheels, like the engine, transmission, etc. For example, everything begins with the engine and ends with the axle or axles on which the drive wheels are covered in the powertrain.MILLION-MILE/20-YEAR POWERTRAIN WARRANTY 100% parts and labor coverage on key powertrain components up to 1 million miles or 20 years — at no additional cost.Your powertrain warranty will cover parts such as the engine, transmission and oil pump. A powertrain warranty can last as long as 10 years or 100,000 miles. Without a powertrain warranty, you can pay thousands of dollars out of pocket for repairs.A lifetime powertrain warranty will cover the cost of repairs to key components of your car if they fail. This is an additional warranty provided by dealerships that goes beyond what’s provided by the manufacturer’s warranty.
What is not covered by powertrain warranty?
Certain excluded components: Typically, powertrain warranty coverage excludes these specific components: Excluded engine components: Sensors, wiring, connectors, engine radiator, coolant hoses. Excluded transmission components: Hoses, radiator, sensors, wiring, transmission cooling lines. What Is Covered. The engine, drive system, and transmission parts designated by the vehicle manufacturer as components of the powertrain at the time the vehicle was originally manufactured.Manufacturer’s warranty: Components still under the manufacturer’s or supplier’s warranty at the time of breakdown may not be covered by the Extended Warranty. Service and maintenance items: Routine service items like oil, filters, and spark plugs usually aren’t covered. These are considered regular maintenance costs.These can be some of the most expensive to repair, so it’s important to have them covered. Definition: A powertrain warranty covers the components that generate and deliver power to the wheels. Coverage Includes: Engine: Cylinder block, internal parts, oil pump.Here’s what to know about vehicle warranties: It is illegal for a dealer to deny your warranty coverage because you went elsewhere for maintenance or repairs. However, a dealer or manufacturer can require using select repair facilities should the work being performed be completely covered under your warranty.
Who has the longest powertrain warranty?
Best Car Warranties. When it comes to the best car warranty for new models, it’s tough to beat a Hyundai warranty. The Korean automaker offers a 5-year/60,000-mile new vehicle limited warranty and 10 years/100,000 miles of powertrain protection. The Extended Limited Warranty can be purchased at any time during the new vehicle basic warranty period (48 months/80,000 km), as long as the vehicle has been regularly maintained at an authorized Mercedes-Benz Retailer.Basic Warranty: Mercedes’ new vehicle warranty covers most mechanical and electrical systems for 4 years/50,000 miles. Items this warranty covers include the engine, transmission and drive axle.Mercedes-Benz new and demonstrator vehicles first registered on or after 1 March 2020 receive a 5 year Warranty. If you purchased a Mercedes-Benz prior to 1 March 2020, you will have a 3 year warranty. We can extend car warranty coverage on selected Mercedes-Benz vehicles for an additional three years.RepairPal estimated that Mercedes owners pay an average annual repair cost of $908, which is also on the higher side. Based on these numbers, we suggest at least considering a Mercedes extended warranty. Luxury cars like Mercedes-Benz models often cost more to repair due to their specialty parts and services.Mercedes-Benz New Vehicle Limited Warranty This basic comprehensive warranty starts on the sale date of the new vehicle, and lasts for 4 years or 50,000 miles, whichever occurs first. This includes both bumper-to-bumper and powertrain components, as well as rust perforation, emission components, and safety belts.
How much does a Mercedes warranty cost?
The cost of a Mercedes extended warranty can range from $2,400 to nearly $8,000, depending on the vehicle and plan. You can extend the factory warranty by one to three years and cover up to 75,000 or 100,000 miles on the odometer. The average AA Extended Warranty price quoted for a Mercedes-Used Vehicle in 2021 was £504*. The lowest price quoted was £277*.In addition to longer-lasting coverage, benefits include: Retain a higher market value for your vehicle. If you sell the car, the warranty is transferable. No deductibles.You can purchase an extended warranty when you purchase your vehicle or at a later time. The major benefit of purchasing it when you buy the car is the ability to add the purchase price into your total amount financed.A Mercedes-Benz Extended Warranty is available as a 12-month, 24-month or monthly ‘pay as you go’ policy. You can either choose to pay for your policy with one single payment for 12 months or 24 months cover, or you can choose to have cover that renews each month via a monthly Direct Debit.
What car has the best warranty in Canada?
Which vehicles come with the best warranty in Canada? Mitsubishi offers the best length of vehicle warranty, with Kia and Hyundai close behind. Mitsubishi covers 5 years/100,000 km for the comprehensive and the powertrain warranty is 10 years/160,000 km. When it comes to the best car warranty for new models, it’s tough to beat a Hyundai warranty. The Korean automaker offers a 5-year/60,000-mile new vehicle limited warranty and 10 years/100,000 miles of powertrain protection.Hyundai and its luxury brand subsidiary Genesis have the longest and best warranties for new cars. Both manufacturers offer 10 years or 100,000 miles’ worth of powertrain warranty coverage and five years or 60,000 miles in bumper-to-bumper protection.Based on average repair costs and reliability ratings, a Mercedes extended warranty is a good investment. The J. D. Power 2025 U. S. Vehicle Dependability Study ranks the brand 23rd out of 30 automakers. Similarly, RepairPal ranks it 27th and notes that repairs and maintenance cost drivers $908 per year on average.Why Doesn’t My Warranty Cover Regular Maintenance? Mercedes-Benz takes pride in crafting vehicles designed for enduring performance. Yet, routine maintenance, such as oil changes and brake pad replacements, falls outside the warranty umbrella.How long is the warranty on a new Mercedes-Benz? The warranty on a new Mercedes-Benz lasts for 4 years or 50,000 miles, whichever comes first. This coverage includes a wide range of components, providing peace of mind for new vehicle owners.
What is the extended warranty on Mercedes-Benz in Canada?
Extended coverage is available for up to seven years or up to a 160,000 km maximum, whichever comes first. And if you change your mind and decide to sell or trade in your Mercedes-Benz during this period, an Extended Limited Warranty can help retain and increase the resale value of your Mercedes-Benz. That being said, some recent studies show that BMW models can last up to 200,000 to 250,000 miles, with an average lifespan of at least 15 years. On the other hand, Mercedes-Benz vehicles tend to last up to 150,000 to 200,000 miles with an average lifespan of over 10 years.We recommend considering an extended warranty if you own a used car that you plan to keep for several years, but that has high mileage or is a model with known reliability issues.High-mileage warranties can be worth it since vehicles break down more often as they age. Extended warranties for cars over 100,000 miles cost $136 per month or $1,398 per year of coverage on average.Years/100,000 Miles Coverage: With our comprehensive warranty, you can drive with confidence knowing that your BMW’s powertrain is protected for an impressive 7 years or up to 100,000 miles, whichever comes first.