Negosentro | 5 Best Car Manufacturers with Best Warranties | If you are planning on buying a new car, there are a lot of factors that you will have to take into account before opting for a particular vehicle. Among these factors is the warranty coverage. And this will lead you to the question, what car company has the best warranty?
Before answering this question, we’d like to shed light on why it is important for you to purchase a car with reasonable coverage, in addition to walking you through the elements of a good car warranty. So, without any further ado, let’s jump right into it.
Why do you need a new car warranty?
“Expect the best. Prepare for the worst”, this is a saying that applies to all areas of our lives, even when it comes to buying a car. While almost every car owner tries their best to ensure that their vehicle is kept in an ideal condition and that it isn’t involved in any kind of accident, it’s recommended that you are prepared for any situation.
This is where the warranty comes into play. A warranty coverage saves you from massive expenses when your new car breaks down, for a specific number of years, or until a predefined number of miles have been driven.
However, it should be noted that there are different types of coverage. For starters, there is the bumper-to-bumper warranty. This coverage takes care of most parts of the car excluding tires and brakes.
Additionally, a powertrain warranty is offered by numerous credible automakers. The said coverage generally lasts longer than the bumper-to-bumper warranty and covers the engine, transmission, and other components that get the car moving.
Things to look for in an ideal new car warranty
Length: A manufacturer’s warranty will expire after you have driven the car for a certain thousand miles or for a specific number of years. Once one of the said expiry criteria is met, your car will not be covered by the manufacturer’s warranty. So, it goes without saying that the longer the coverage period, the better the warranty turns out to be.
Generally, powertrain warranties last longer than the basic one since a typical powertrain coverage doesn’t cover as many parts as a bumper-to-bumper warranty does.
Inclusions: When studying the warranty that comes with a particular vehicle, make sure that you are fully aware of the parts covered by it.
Exclusions: Not only should you find out the parts covered in a specific warranty, but you should also make a list of the components that are not covered under the said warranty. In case such parts need to be repaired or replaced, you will have to bear all costs due to the warranty not covering them.
Bonus Features: There are warranties that only take care of the basics and then, there are those that offer additional perks. These perks include trip interruption coverage, free oil change, roadside assistance, among others.
Manufacturers with the best new car warranties
In order to determine the manufacturer offering the best new car warranty, one has to consider different aspects. While one manufacturer may offer the lengthiest coverage, another may offer one that is the best value for the price. Assessing all these factors has led us to shortlist the following best new car warranties:
With a bumper-to-bumper coverage of 5 years/60,000 miles and a powertrain coverage lasting up to 10 years/100,000 miles, Hyundai has emerged as the automaker with the best new car warranty in the market. Moreover, its warranty also includes a 7-year corrosion coverage and 5-year roadside assistance.
Like Hyundai, Kia’s bumper-to-bumper warranty is valid for up to 5 years/60,000 miles. Additionally, its powertrain coverage lasts up to 10 years/100,000. The only areas in which Kia’s warranty is trumped by Hyundai’s are corrosion (5 years/100,000 miles) and roadside assistance (5 years/60,000 miles).
Up until 2019, Volkswagen was offering the best bumper-to-bumper coverage (6 years/72,000 miles). However, this coverage was cut down to 4 years/50,000 miles for the 2020 models, pushing the Volkswagen warranty down the ranks. Additionally, its powertrain coverage of 6 years/72,000 miles isn’t as extensive as that of Kia or Hyundai.
One may argue that there are several automakers that offer better warranties than what Jaguar does. However, Jaguar’s presence on this list is crucial since it comes with the best luxury car coverage. Jaguar provides you with bumper-to-bumper and powertrain coverages of 5 years/60,000 miles each.
While providing the answer to what car company has the best warranty, it’s only fair if we mention the electric vehicle manufacturer, Tesla since it offers highly-reasonable warranties for a couple of its models (X and S). The said warranty provides bumper-to-bumper coverage of 4 years/50,000 miles, a powertrain coverage of 8 years (no limit on the number of miles), and battery coverage of 8 years (no limit on the number of miles).