Which Car Company Has the Best Warranty in 2021?
New cars are expensive to purchase, so no one wants to pay for repairs sooner than necessary. A new car warranty with great coverage helps keep repair costs down. It’s certainly something to keep in mind when car shopping. Here’s what an average new car warranty looks like in 2021 and which automakers offer the best warranty coverage.
The average 2021 new car warranty
Today, standard new car warranties provide coverage for three years or 36,000 miles (whichever comes first), Motor1 reports. Warranties from popular brands such as Ford and Toyota provide the average amount of coverage. Ford’s warranty has bumper-to-bumper coverage for three years or 36,000 miles and powertrain coverage for five years or 60,000 miles, AutoGuide.com reports. Toyota’s warranty is similar in these primary categories, AutoGuide.com says.
A manufacturer’s warranty outlines the problems the dealer will fix if the owner follows the conditions. This bumper-to-bumper warranty covers all vehicle parts except items that tend to wear out, such as tires and brakes.
Manufacturers often also offer powertrain warranties. This is usually longer than the bumper-to-bumper warranty, but it covers only the engine and transmission. In addition to the factory warranty, extended warranties are available through the automaker or third parties.
Car companies with the best warranty coverage
Some manufacturers offer warranties that are better than average. Hyundai, Kia, Genesis, and Mitsubishi boast the best overall warranty coverage, Motor1 reports. Hyundai Motor Group owns the first three brands. But all four offers warranties that provide bumper-to-bumper coverage for five years or 60,000 miles. They also have powertrain coverage for 10 years or 100,000 miles.
Hyundai and Genesis have corrosion coverage for seven years with unlimited miles. They also provide roadside assistance for five years with unlimited miles. Kia has corrosion coverage for five years or 100,000 miles and roadside assistance for five years or 60,000 miles. Mitsubishi’s warranty covers corrosion for seven years or 100,000 miles and has roadside assistance for five years with unlimited miles.
Also, Jaguar offers bumper-to-bumper coverage for five years or 60,000 miles. However, its powertrain coverage is shorter than the above, for five years or 60,000 miles.
Different ways to interpret who’s best
Though Hyundai and Genesis offer the longest overall warranties, there are different ways to interpret which one is best. For new cars bought in 2018 and 2019, Volkswagen had one of the best warranties, with bumper-to-bumper coverage of six years or 72,000 miles. However, for 2020, VW reduced its warranty to four years or 50,000 miles.
It also depends on the vehicle type. Hyundai doesn’t sell trucks, so buyers shopping for a new pickup will need to look instead at Chevrolet, GMC, Ford, Ram, or Jeep. Those manufacturers offer three-year or 36,000-mile bumper-to-bumper coverage and five-year or 60,000-mile powertrain warranties. Hybrid, electric, and diesel vehicles also often have warranty coverage different from the rest of a brand’s vehicles.
Also, some warranties provide extra features, such as “roadside assistance, free scheduled maintenance, courtesy transportation, and service pickup and delivery programs,” U.S. News notes.
On top of its excellent warranty, Hyundai provides three years or 36,000 miles of complimentary scheduled maintenance and will even tow your vehicle to the nearest dealership if needed. Tesla’s warranty stands out for its corrosion coverage, which is 12 years and unlimited miles. Lincoln provides unlimited roadside assistance. And though not strictly part of the warranty, Hyundai, Genesis, and Jaguar offer several years of complimentary maintenance.
When car shopping, the warrranty might not be the first thing you think about. But don’t forget to read the small print to make sure you’re getting the coverage you expect.