Autopair Everything You Need to Know About Auto Warranty | Page 13
How Much
Does It Cost to
Buy a
Warranty on a
Used Car?
The cost of buying an extended auto cover for a used car depends
on factors like the type of tier, the coverage period, and the
condition of the car. Most tiers start at $2000. However, the more
the provisions, the more expensive the warranty is. The good
news is, some extended car warranties feature deductibles which
lower the total amount that you are expected to pay. For instance,
if you are required to pay $700 and your deductible amount is
$300, you’ll only pay $400 for the warranty. Normally, you are
allowed to pick your deductibles when negotiating the terms of
the warranty. Of course, the lower the deductibles, the costly the
extended warranty.