Are Kia’s extended warranties worth the money? The reliability of your Kia, your capacity to handle unforeseen car repairs out of pocket, how long you intend to keep your Kia, and your current coverage are all important considerations.
We turn to RepairPal, a website that analyzes customer reviews to project typical repairs and repair costs for 32 automobile brands, to assess a brand’s dependability. We’ve presented RepairPal’s conclusions about Kia’s dependability below.
*In this context, a serious repair is one that will cost at least three times what a typical annual repair would.
According to RepairPal’s data, Kia drivers might not require an extended auto warranty. The majority of Kia vehicles appear to be dependable, needing few repairs. This does not preclude an unforeseen mechanical or electrical repair, though. The 2020 U.S. Vehicle Dependability StudySM from J.D. Power finds that Kia cars are just marginally more reliable than the industry standard in terms of issues occurring per 100 vehicles. 100 Kia automobiles were examined, and 132 issues were found.
In This Article...
What Kia Coverage Do You Already Have?
You might also want to think about the insurance you already have for your vehicle, such as the new-vehicle Kia warranty and the certified pre-owned (CPO) Kia warranty.
One of the longest warranties offered by a manufacturer is offered by Kia. Bumper-to-bumper warranty protection is included with new Kias and is valid for five years or 60,000 miles, whichever comes first. Powertrain warranties for brand-new cars are also covered for 10 years or 100,000 miles.
A powertrain warranty of 10 years or 100,000 miles is also included with CPO Kias. However, CPO Kias come with Platinum coverage for a year or 12,000 miles in place of a New Vehicle Limited Warranty.
It doesn’t make much sense to purchase more coverage if you don’t intend to keep your car for a period of time longer than these coverage limits.
Is an extended warranty on a Kia worthwhile?
According to industry research, Kia automobiles are dependable and come with a lengthy and thorough factory guarantee. A Kia extended warranty can be worthwhile for you if you know you’ll keep your car for a while and want to be guarded against pricey repairs.
Three additional warranty plans from Kia can protect your car for up to 120,000 miles. There are three Kia extended warranty options: Platinum, Gold, and Powertrain.
Pressure plates, airbags, glass, body damage to the vehicle, trim, tires, and wheels are just a few of the common exclusions in Kia warranties. Other exclusions include lightbulbs, upholstery, safety restraint systems, emissions systems, and brake linings, drums, rotors, and pads.
Why never purchase an extended warranty?
Even though most products come with an extended warranty option, this does not necessarily mean you should. Here are a few more reasons why certain extended warranties aren’t worth the money, in addition to the issues we’ve already discussed with them.
The odds of you using them are low.
The truth is that businesses aren’t trying to protect your property by trying to sell you longer warranties. They have calculated. They have all the research on when issues with their products typically arise. Thus, if a car dealer tries to convince you to purchase an extended warranty, they will do so with full knowledge of which components on that model are prone to failure and how quickly. The likelihood that you will really use your warranty is quite low because they would purposefully offer you an extended warranty that expires before that period.
Additionally, businesses would suffer huge losses if the majority of customers actually had to use their extended warranties. We’re confident that the standard warranty that comes with your new lawnmower will be sufficient. Additionally, there is no additional charge. And if there is a high likelihood that your laptop or car will break down outside of the standard warranty, you should probably look around for a more dependable model first.
It doesn’t mean everything is covered.
Just because a business claims that an extended warranty would protect you doesn’t guarantee that it will invariably do so. For instance, if a wiring is faulty or a screen pixel burns out, your TV can be covered. However, an extended warranty might not cover your home being struck by lightning, which fries your TV, or you hurling a plate of hot wings at the television since your favorite sports team lost.
Or imagine your vacuum breaks down while you are cleaning your home. You need to replace a part, but after contacting customer support, you learn that your extended warranty doesn’t cover that particular item. That certainly is convenient. Therefore, the $50 more you paid up front was not really worthwhile. Additionally, you don’t want to lose out if the service provider files for bankruptcy (which does happen). Again, businesses have done their homework and are fully aware of the best ways to ensure that they benefit from extended warranties.
They make you spend more.
You might believe that purchasing an extended warranty will save you money. After all, your treadmill will be repaired or replaced without charge. But if you paid extra for it, it’s not really free. The cost of extended warranties is excessive and increases quickly. Consider how much money you would be wasting if you purchased extended warranties for every gadget, appliance, and device in your home. But what if you choose to save that cash instead? If you really needed to, you could pay for a new washer and then some.
Additionally, the salesperson typically keeps half of the profit on the extended warranty rather than giving it to you. Because selling extended warranties at the register generates significant revenue for businesses, they encourage their salesmen to do so. Conclusion: Purchasing an extended warranty is a complete scam that solely benefits the business that sold it to you.
What does the Kia warranty not cover?
The following items are excluded from the KIA New Vehicle Warranty: As a result of normal wear and tear, replenishing or replacing oil, fluids, coolant, wiper blades, fan belts, filters, brake and clutch linings, spark plugs, light globes, gaskets, and so forth.
Refunds for the Kia extended warranty
- Silver: Includes steering, brakes, air conditioning, electrical, and front suspension coverage in addition to all of the Powertrain coverage plan’s components.
- Included in the Gold plan are extra engine, gearbox, drive axle, brake, air conditioning, steering, front suspension, electrical, and hybrid/plug-in parts in addition to everything covered by the Silver plan.
- All of the parts in the Gold plan are covered by Gold Plus, along with the engine cooling system and extra parts under each component category.
- Platinum: Functions as a bumper-to-bumper warranty that excludes routine maintenance and wear-and-tear components but covers the majority of parts.
For all covered repairs, every Kia extended warranty plan promises to employ only original Kia components and factory-trained mechanics. If you sell your Kia before the warranty expires, the manufacturer’s vehicle service contracts are also transferable to any subsequent drivers.
Additional Perks
There are a few extra perks included with each of the five Kia extended warranty plans, including:
- Coverage for towing: $75 per occurrence for any towing costs
- Covers up to $35 per day for a maximum of 10 days while your automobile is being repaired. Rental car reimbursement coverage.
- Travel insurance: If your car breaks down far from home and you have to spend the night there while it is being repaired, it will pay up to $100 per day and a total of $500 for food and housing.
- Replacement of fluids is free with any covered repair under the fluids coverage.
These benefits might be beneficial in the event of a mechanical failure, although they are not as extensive as those offered by other manufacturers, both in terms of coverage and price caps.
What’s Not Covered Under the Kia Extended Warranty?
The Kia extended auto warranty is no different from any other extended vehicle warranty in that it contains some exclusions. Vehicle service agreements offered by the manufacturer do not include:
- Abuse or misuse
- incorrect fluid usage
- environment-related harm
- Carelessness or poor maintenance
- worn-out components such as batteries and filters
- routine maintenance procedures include tire rotations and oil changes
Drivers of Kia vehicles can take their vehicles to one of the 6,000 approved service centers in the United States and Canada, or to their local Kia dealer, for covered repair work.
It’s significant to note that the manufacturer’s Kia extended warranty cancellation policy is not disclosed online. Prorated warranty refunds are frequently offered to customers, however it is best to inquire with your dealership about this choice.
Kia has a 10-year, 100,000-mile warranty, right?
The limited warranties included in the Kia 10-year/100,000-mile warranty package* include limited basic, limited powertrain, and limited anti-perforation warranties, in addition to a roadside assistance and travel interruption program. Please download the complete Kia 10-year/100,000 warranty program information.
What is covered by the Kia 100,000-mile warranty?
Kia is unbeatable with one of the best powertrain warranties available. By putting a strong statement of faith in the quality, workmanship, and materials used in its products, Kia conveys a positive message about the efficiency of its automobiles.
For 10 years or up to 100,000 miles, the Kia powertrain guarantee will cover any damage or flaws from the manufacturer. This guarantee covers all of the critical components of the vehicle, including the engine, driveshaft, propeller shafts, differential, axle, and transaxle.
What is a reasonable cost for a car warranty extension?
Before attempting to examine the average cost of an extended auto warranty, it is crucial to realize that different factors will affect the final cost of your policy. We like to refer to these requirements as “moving parts” since although they vary from person to person, they ultimately have an impact on the cost of insurance. These “moving pieces of our car protection insurance” are likely the factors that have the biggest direct impact on coverage costs. Drivers must also think about the amount of coverage they want to provide for their vehicle, since this will directly impact the cost of the policy.
These classifications are based on how much coverage each one offers. For instance, the cost of coverage will be somewhat greater than a basic package, which only covers specific goods, if a person opts to have “bumper-to-bumper coverage.” This is so that wear-and-tear items are not covered by the “bumper-to-bumper package,” which covers practically the entire car. The phrase “bumper-to-bumper” is simply deceptive because there isn’t even such coverage. Many insurance policies, however, will provide you with the same level of security and cover practically all car parts.
A good quality package and after-sales service would typically cost roughly $1,800 for an extended auto warranty. However, when you break down that expense into manageable, low monthly installments, you’ll find that protecting your car really ends up being much less expensive than your cable subscription. The value of extended car protection far outweighs the cost if the vehicle is an older model, it should be mentioned.
You can see that vehicle protection pays for itself after only a few repairs, and frequently in the very first repair, given the average cost of a new engine at $3,400 and the cost of a new air conditioner at $1,100! Instead of waiting for things to go down and facing a hefty repair charge, wouldn’t you rather have a manageable monthly payment and confidence behind the wheel? We all know which alternative we would pick. Find out how much you may save on auto repairs and how little Endurance’s extended vehicle protection will cost you. Get a free estimate right away!
How long will you keep the car?
A bumper-to-bumper warranty of at least three years and 36,000 miles is almost always included with new cars. The warranty is even longer for several brands.
You don’t need an extended warranty if you maintain or lease your car for a shorter period of time than the manufacturer warranty.
You can think about getting an extended warranty to cover repairs in the vehicle’s fifth and sixth year or longer if you want to maintain it till the wheels fall off.
Will you actually use the extended warranty?
Oil changes, brake repairs, tire replacements, and other “wear items,” or components that are susceptible to wear, are not covered by warranties. A seasoned auto salesperson recently informed me that just 1 in 10 customers who purchase extended warranties actually use them. According to the results of a Consumer Reports poll, car owners often paid more for the insurance than they received in direct advantages.
Consider it another way: If they truly believed you wouldn’t use the warranty, they wouldn’t sell it to you. I’m willing to take a chance, as one of my wise friends who was well-versed in the automobile business used to remark.
Do you know you already have an extended warranty?
After the bumper-to-bumper warranty expires, the majority of cars come with a powertrain warranty that takes effect. For instance, the powertrain warranty for Chevy vehicles is valid for five years or 60,000 miles. The car’s powertrainthose components that propel the vehicle down the roadis covered if something goes wrong. Gratis.
But you’ll have to pay to get it fixed if the door handle breaks or the window won’t open.
Can you buy the extended warranty later?
If you were to tell a financial advisor that you were going to give someone $2,000 today for a product that you won’t be using for at least three years, they might think you were crazy. They would describe you as crazy. But many buyers of new cars also purchase an extended warranty, which doesn’t even kick in for another three years!
It is simpler to purchase the warranty when you purchase the car because you may add the cost to your monthly payment. And if you decide to sell, the majority of warranties are transferrable.
When making the purchase, give thought to declining the extended warranty. Then, as the third birthday of your car approaches, consider the extended warranty. By that time, you’ll be aware of two things that you weren’t when you bought the car brand-new: how much you enjoy it and how problematic it has been.
Will the cost of repairs exceed what you pay for the warranty?
The worst-case scenario is used by dealers to sell warranties: The electrical device malfunctions and costs three thousand dollars. Alternatively, the transmission fails. It is conceivable, yes. But it’s more likely that either your oxygen sensor or water pump will be leaking.
Even though many others pay far more, let’s say you are tempted to get an extended warranty for $1,200 but decide against it. You eventually need a $600 repair. Awful, but you’re still $600 in the lead.