Should I Get Hyundai Extended Warranty?

Does Hyundai offer an extended warranty?

Like most manufacturers, Hyundai offers a brand-backed vehicle service contract, or extended car warranty.

The Hyundai extended warranty provides 10 years or 100,000 miles of protection.

Hyundai’s extended protection is called the Hyundai Protection Plan Vehicle Service Contract (VSC)..

Are extended car warranties worth the money?

This isn’t surprising, because extended warranties make a lot of money for those who sell them. … “On average, you’ll pay about $1,500 on an extended warranty, and the average repair is $180. I don’t recommend buying extended warranties, ever. If you can’t afford a $200 repair on a car, then you can’t afford the car.”

Why extended warranties are a waste of money?

Extended warranties are rarely worth your money. Products don’t break on their own, and when they do, the price of repairs is usually lower than what you’d spend on an extended warranty. … But take a moment to ask yourself why a company would offer you an extended warranty. The answer is: because they’re profitable.

Can you negotiate the price of an extended warranty?

It’s important to note that dealers will markup the price by as much as 200%, so you should ALWAYS negotiate the price of an extended warranty. … They will usually offer you a better price at that point. You can keep asking them to do better or tell them you’re not interested until they won’t bid any lower.

Is Hyundai warranty really that good?

Is Hyundai’s Factory Warranty Worth It? It’s not quite America’s best warranty, but it’s hard not to like Hyundai’s long coverage periods. In fact, it’s one reason why the company consistently ranks near the top of warranty providers. Still, it’s difficult to justify a vehicle purchase on the warranty alone.

Who has the best extended car warranty?

What are the best car warranty companies of 2019?Endurance – Best for High Mileage Vehicles.Carchex – Best Warranty Plan Options.Concord Auto Protect – Best for Customer Support.Liberty Bell Auto Protect – Most Comprehensive List of Makes Accepted.Infinite Auto Protect – Best Basic Plan.Autopom! – Best Quoting Process.

How much should I pay for an extended warranty?

The more “used” a vehicle is, the more expensive extended coverage will probably be. The average monthly payment for an extended warranty is around $1,200 to $1,500, but this can vary widely depending on the aforementioned factors.

What does bumper to bumper warranty not cover?

Aside from excluding certain parts, the bumper-to-bumper warranty also does not cover repairs or replacements to parts that have a limited life span – also known as “wear” parts. Those include air, fuel and oil filters, brake pads, windshield wipers, light bulbs and sensors.

What is not covered by Hyundai extended warranty?

The Hyundai warranty doesn’t cover: Regular labor costs for maintenance of your vehicle. Ordinary maintenance items after the 12-month/12,000-mile term expires. Normal wear and tear, including tires.