Are you Ready to Switch Extended Car Warranty Providers?

Giulia Nigrini
Giulia Nigrini
Vehicle Service Contract Specialist, Traveler, Car Enthusiast
September 2, 2022
4
min. read
The rear of a four-door Porsche on the road

So, you’re thinking about switching to extended warranty providers?

That is totally understandable. Doing some research and finding a plan that better suits your needs and budget is a good idea. During the course of your extended car warranty, you may find that your driving habits change and so drive fewer miles per year and more miles per year. Either way, you want to be sure that you have the plan that is right for you. Once you come to the end of your extended auto protection plan you may find yourself desiring to get something more affordable. In this article, we are going to look at researching new plans as well as what it takes to cancel a plan if that is something you are interested in then keep on reading.

Researching Extended Car Warranties and/or Vehicle Service Contracts

If you are in the market for an extended car warranty you will need to see what the manufacturer of your vehicle has on offer. An extended warranty is offered by the vehicle manufacturer and is intended to extend the original warranty that came with the vehicle at the original purchase. Though often with some limitations. Certain manufacturers require you to purchase the extended warranty on the original purchase day of the vehicle. While others have no real option for extension.

In this case, you will have to speak with a representative of your vehicle manufacturer to gauge what is available. For used cars, there might be the option of extended coverage for certified pre-owned vehicles such as the plans offered by Toyota or Ford. The best way to go about getting this research done with up-to-date and accurate information is to contact the manufacturer’s dealership.

Perhaps you do not have the option to look at the manufacturer’s offering or you simply want to what else is available for your car’s make and model. Then you could consider a vehicle service contract (VSC), which is often referred to as an extended car warranty colloquially. They are extended auto protection plans offered by third-party providers. The plans serve as a contract between you and the coverage provider. These plans are particularly useful for people with older or used cars that have been recently purchased.

For the most part, the traditional way of researching these types of plans is via the phone to get quotes from the different providers and then compare them yourself. This is a tedious process that can often take a few days of sitting on the phone and reading through quotes to be able to make the comparison. Sometimes without all the information you need, such as the specific parts covered versus just listing the system that the part falls under.

A better way to go about would be to have an online marketplace that offers you the opportunity to make the comparisons all in one place without having to be on the phone. Which is what Chaiz is all about. Through the Chaiz search tool, you can find extended auto protection plans from a number of different providers across the country. This means that you can research, review, and compare all the plans in your own time and at your own pace with no limitations on the price.

Extended Car Warranty Cost vs a Vehicle Service Contract Cost

Extended car warranty costs are often not made public, though you can find a good deal of information on manufacturer-specific fan forums. Things such as the manufacturer, the year of the vehicle, and the model influence the end price. Costs can vary greatly depending on the vehicle, between $2,500 to $7,000 (total price) can be expected for most popular models.

Vehicle service contracts are most often priced similarly. The most comprehensive coverage for a compact SUV looks like the following for popular providers:

While Chaiz, is the first entirely online vehicle service contract comparison website in America, we are able to offer the same coverage with more flexibility, transparency, and at much better rates. For a similar vehicle, you will be looking between $39 and $50 per month for the most comprehensive coverage plans. Giving you not just the piece of mind that you are covered but also the assurance that reputable providers cover you.

Should I buy a vehicle service contract with Chaiz?

Well, let’s take a look at how extended car warranties can benefit you. The plan provides protection against mechanical breakdowns. Car repair bills can range from $200 to $8,000. The make and model also influence the cost of repairs and labor. A plan will ensure that repairs are done quickly and reliably.

Vehicle service contracts prevent you from shelling out thousands of dollars for repair bills. Mechanical breakdowns tend to happen in an unforeseen manner. This generally means you need to have sizable savings to be sure you can cover the repair costs.

Here are a few good reasons to consider purchasing with Chaiz:

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