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Chevys usually outlive their factory warranties, which means their owners are often unprotected against expensive auto repairs bills. A Chevrolet extended warranty is a good investment and can help you save time and money on costly repairs.
To learn more about Chevrolet extended warranties, and why you should consider a third-party warranty, read on. The CARCHEX experts will show you how to find the most comprehensive coverage for your Chevrolet at the most affordable price.
Drivers have the option to purchase a Chevrolet extended warranty directly from the dealership when they buy a new Chevy. This extended warranty increases the Chevrolet factory bumper-to-bumper warranty up to a total of five years or 60,000 miles. The Chevrolet extended warranty is backed by General Motors, does not include a deductible, and offers the same level of protection as the factory warranty coverage.
However, this warranty must be purchased when you buy your Chevy and is not available to drivers in California, Florida, Maine, and Minnesota. Furthermore, the extended warranties sold by dealers will usually come at a higher price. In fact, Chevrolet extended warranty coverage for two years or 24,000 miles starts at $1,567.
A Chevrolet extended warranty can also be found from third-party providers like CARCHEX. CARCHEX warranties can be purchased at any time and are available to drivers in all 50 states.
When considering an extended warranty for your Chevrolet, the original protection plan and expected lifespan of those parts should be considered. New vehicles come standard with a manufacturer-backed Chevy warranty that includes:
Chevy offers bumper-to-bumper protection for three years or 36,000 miles. This basic coverage option covers most parts between your bumpers, as well as defects in glass, seating fabric, interior trim, and more.
Before 2016, Chevrolet offered a five-year/100,000-mile powertrain warranty. For model year2016 model and new vehicles, the Chevy powertrain warranty lasts five years or 60,000 miles.
This powertrain warranty covers the engine, transmission, and drivetrain. Also, coverage is completely transferable to new owners at no charge. Powertrain warranties do not cover as many components as bumper-to-bumper coverage, but they typically last a lot longer.
Unfortunately, not everything is covered by powertrain and bumper-to-bumper warranties. Before you consider a Chevrolet extended warranty, it’s important to know what isn’t covered under your original Chevy warranty. Chevrolet’s factory warranty does not cover the following:
It’s also important to note that anything not original to the vehicle or any part that is not an authorized Chevy part is not covered by this warranty.
When your manufacturer’s warranty doesn’t cover all of your vehicle’s parts, it can be challenging to afford necessary repairs. Take a look at a few common Chevrolet repair estimates provided by RepairPal:
With a Chevrolet extended warranty, you have extra protection for repairs and damages that can be extremely expensive.
Research shows that the average age of the cars on our roadways is a record-high of 11.8 years—or more than twice that of the standard powertrain warranty offered by Chevrolet. This means that most Chevy drivers won’t have coverage once their factory warranty expires.
Since the average repair cost for Chevrolets over a 10-year period is $8,800, it is recommended that Chevy drivers get protection against expensive repairs to keep them on the road longer.
CARCHEX offers several levels of extended coverage for Chevrolet vehicles, with a number of plans within those levels. The chart below outlines the five coverage levels:
Consider purchasing your Chevrolet extended warranty from a third-party warranty provider like CARCHEX to get an affordable vehicle protection plan with great coverage. We offer the following benefits:
Car dealerships frequently mark up the cost of their vehicle protection plans while third-party providers are incentivized to find the best price on your extended warranty.
At CARCHEX, for instance, we use our power in the warranty marketplace to provide affordable prices on extended warranties. Our personalized quote process finds the right plan for your car and budget.
In addition, CARCHEX offers many more plan and term options compared to Chevrolet’s Protection Plans.
Getting an extended warranty for your vehicle can increase your selling price. If you’re hoping to sell your Chevy Traverse or other Chevy model in the near future, look for a third-party extended warranty that is transferable from owner-to-owner, like the Extended Vehicle Protection Plans offered by CARCHEX.
Many factory warranties stipulate that you can only have your car serviced at specific dealerships and repair shops. With third-party companies like CARCHEX, however, you can have your Chevy repaired at your choice of over 30,000 repair facilities—allowing you to find the best mechanic for your needs.
In addition to affordable coverage options and flexible repair locations, CARCHEX offers:
CARCHEX makes it easy for consumers to find extended warranties for Chevrolets at an affordable price. We work with the top providers in the business to ensure that you get excellent coverage at the right price. In fact, the average monthly coverage cost of a CARCHEX Vehicle Protection Plan for a 2007–2014 Chevrolet is just $75.**
Our protection specialists can answer any questions you may have about our warranty offers and will provide guidance to help you find the best coverage for your car.
Get an instant free quote from CARCHEX on our extended warranty offerings for Chevrolet vehicles today by calling us at 866-261-3457.
Consumer Reports http://www.consumerreports.org/car-reliability/car-brands-reliability-how-they-stack-up/
Automotive News: http://www.autonews.com/article/20150312/RETAIL/150319950/gm-to-cut-chevy-gmc-powertrain-warranty-to-60000-miles-from-100000
USA Today: http://www.usatoday.com/story/money/2015/07/29/new-car-sales-soaring-but-cars-getting-older-too/30821191/
IHS Markit: https://news.ihsmarkit.com/prviewer/release_only/slug/automotive-average-age-cars-and-light-trucks-us-rises-again-2019-118-years-ihs-markit-
*Refund methods vary by state. See extended service plan for complete details, including refunds, exclusions, and limitations.
**Figure accurate as of May 2017. Average monthly coverage cost is based on the average total price of the Vehicle Protection Plan over a four year coverage period. Actual monthly payments will vary per plan’s payment policy. Individual pricing is subject to change based on the combination of make, model, year, and mileage as well as coverage level and term length.
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