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6 Best New Car Warranty Companies of April 2024

Sam Lauron
By
Sam Lauron
Sam Lauron

Sam Lauron

Contributor

Sam is a freelance contributor to Newsweek’s small business team. Having worked directly with small businesses throughout her career, Sam understands the challenges of owning a business and is dedicated to helping small business owners navigate their industries and grow. You can find Sam in Austin, TX, usually working from one of her favorite local coffee shops.

Read Sam Lauron's full bio
Ashley Parks
Reviewed By
Ashley Parks
Ashley Parks

Ashley Parks

Associate Editor

Ashley is an associate editor at Newsweek, with expertise in consumer lending. She is passionate about producing the most accessible personal finance content for all readers. Prior to Newsweek, Ashley spent almost three years at Bankrate as an editor covering credit cards, specializing in transactional content along with subprime and student credit.

To learn more about Ashley and her work, you can visit her personal website at ashleyparks.com.

Read Ashley Parks's full bio

Purchasing a new car is a big deal. While you’re thinking about all of the important factors that go into your decision, like the price, make and model, the new car warranty is probably not top of mind. 

However, if you’re trying to make a decision between a couple of different manufacturers, their warranties may help you decide. The best new car warranty companies offer extended coverage that lasts longer than the industry standard, provide additional perks like roadside assistance and they make it easy to get your car serviced. 

Below, we’ve compiled a list of the best new car warranty companies to choose from if you’re purchasing a new car in 2024. 

Methodology Icon Methodology

Our research is designed to provide you with a comprehensive understanding of personal finance services and products that best suit your needs. To help you in the decision-making process, our expert contributors compare common preferences and potential pain points, such as affordability, accessibility, and credibility.

Our Picks icon, Summary Our Picks
  • Best Overall: Hyundai
  • Best Roadside Assistance: Mitsubishi
  • Best Trip Coverage: Kia
  • Best Electric: Tesla
  • Best Luxury: Infiniti
  • Best Hybrid: Lexus

Best New Car Warranty Companies of 2024

Here’s our breakdown of the best new car warranty companies. We’ve ranked them according to their coverage types, coverage duration and whether they provide roadside assistance. 

Hyundai

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Vault Verified

New Vehicle Limited Warranty
5-Year/60,000-Mile
Powertrain Warranty
10-Year/100,000-Mile
Anti-Perforation Warranty
7-Year/Unlimited Miles
Roadside Assistance

Why We Chose It

Hyundai Assurance is self-proclaimed as “America’s Best Warranty.” The automaker offers one of the longest coverages of any other car company in the industry, with a powertrain warranty that lasts for 10 years or 100,000 miles, whichever comes first, and a new vehicle limited warranty that lasts for five years or 60,000 miles. Plus, with a Hyundai warranty, you also receive additional perks and coverage, including 24/7 roadside assistance, an anti-perforation warranty and a replacement parts warranty. 

Key Features

  • 10-Year/100,000-mile hybrid/EV battery warranty 
  • Parts, accessories and emissions coverage
  • 24/7 roadside assistance for five years and unlimited miles 
  • 12-month/12,000-mile replacement parts and accessories limited warranty

Pros

  • Extensive coverage 
  • Strong reputation for customer satisfaction
  • Warranty is transferable if sold within the 10-year limit 

Cons

  • Hybrid battery warranty only applies to original owner 
  • Some customers say processing claims can be slow 
  • Extended warranty may be limited 

Mitsubishi

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Vault Verified

New Vehicle Limited Warranty
5-Year/60,000-Mile
Powertrain Warranty
10-Year/100,000-Mile
Anti-Perforation Warranty
7-year/100,000-Mile
Roadside Assistance

Why We Chose It

Mitsubishi is another automaker that offers industry-leading coverage with its 10-Year/100,000-mile powertrain warranty. Mitsubishi’s roadside assistance program also stands out for its feature-rich mobile app, Road Assist+. You can access the assistance program 24/7, 365 days a year and the service includes towing to the nearest Mitsubishi dealer, battery jump starts, lockout assistance, tire changes and even a concierge service to notify people of your delay. 

Key Features

  • 10-year/100,000-mile powertrain warranty 
  • 7-year/100,000-mile anti-perforation warranty
  • Restraint System coverage for seat belts and airbags under five years or 60,000 miles
  • Road Assist+ mobile app offers accessible 24/7 roadside assistance 

Pros

  • Mitsubishi offers roadside assistance for five years and unlimited miles 
  • Can request insurance quotes directly from the app 
  • Roadside assistance plan offers up to $175 per day for three days for trip interruption 

Cons

  • New vehicle limited warranty does not cover battery, tires, AC refrigerant, light bulbs or some entertainment/navigation system components 
  • Roadside assistance only offered for 3 years/36,000 miles for its EV model 
  • Mitsubishi dealerships less common than other automakers with only 350 dealers in the US compared to Hyundai’s 841 locations 

Kia

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Vault Verified

New Vehicle Limited Warranty
5-Year/60,000-Mile
Powertrain Warranty
10-Year/100,000-Mile
Anti-Perforation Warranty
5-year/100,000-Mile
Roadside Assistance

Why We Chose It

Kia’s warranty program is one of the best in the industry. Like Hyundai, the company offers a five-year or 60,000-mile new vehicle limited warranty and a 10-year or 100,000-mile powertrain warranty. Kia also offers perks such as 24/7 roadside assistance and touts an extensive provider network that would put any car owner at ease. 

Key Features

  • 10-Year/100,000-mile powertrain warranty 
  • Trip interruption coverage if you’re up to 150 miles away from your home 
  • 24/7 roadside assistance for five years or 60,000 miles 
  • Network of over 17,000 roadside assistance providers

Pros

  • Industry-leading warranty coverage 
  • Trip interruption coverage 
  • Basic warranty is transferable to second owner 

Cons

  • Roadside assistance program is capped at 60,000 miles 
  • Some parts of its warranty may be limited in coverage 
  • Extended warranty may be limited 

Infiniti

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Vault Verified

New Vehicle Limited Warranty
4-Year/60,000-Mile
Powertrain Warranty
6-Year/70,000-Mile
Anti-Perforation Warranty
7-Year/Unlimited Miles
Roadside Assistance

Why We Chose It

Infiniti’s warranty may offer a shorter coverage term than some of the other automakers on this list, but the coverage is some of the best for luxury cars. In addition to its powertrain warranty that is good for six years or 70,000 miles, Infiniti offers an anti-perforation warranty that covers unlimited miles and a federal emission performance warranty for eight years or 80,000 miles. The luxury automaker also offers an exclusive extended warranty plan that extends protection up to 120,000 miles. 

Key Features

  • Federal emission performance and defect warranties for 96 months or 80,000 miles
  • Accident towing coverage to the closest Infiniti Certified Collision Center
  • 24/7 roadside assistance for four years and unlimited miles 
  • Elite® Extended Protection Plan covers eight years or 120,000 miles 

Pros

  • Customers praise the customer service for its professionalism 
  • Trip interruption coverage 
  • Basic warranty is transferable to second owner 

Cons

  • Coverage length is on the shorter side 
  • Some customers cite concerns over long-term reliability past the warranty expiration 
  • Extended warranty plan is expensive 

Tesla

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Vault Verified

New Vehicle Limited Warranty
4-Year/50,000-Mile
Powertrain Warranty
8-Year/100,000-150,000-Mile
Anti-Perforation Warranty
12-Year/Unlimited Miles
Roadside Assistance

Why We Chose It

If you’re looking for the best electric new car warranty, Tesla offers a pretty solid option. The powertrain warranty coverage depends on the model you have and will fall under 100,000 miles, 120,000 miles or 150-mile coverage for eight years (whichever comes first). The warranty is also under the condition that the car’s battery retains 70% capacity. If you’re interested in purchasing a used Tesla, you can still benefit from the new car warranty as the remainder of the basic coverage not only transfers, but can be extended for one year. 

Key Features

  • 12-year body rust limited warranty 
  • Used vehicle warranty provides additional coverage of one year or 10,000 miles after basic coverage expires 
  • Roadside assistance for four years or 50,000 miles 

Pros

  • Powertrain warranty is higher than most automakers 
  • Offers one of the longest anti-perforation warranties 
  • Basic warranty is transferable to second owner 

Cons

  • Some customers cite long service waiting periods 
  • Select components of warranty coverage are subject to battery life 
  • May experience frequent software updates 

Lexus

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Vault Verified

New Vehicle Limited Warranty
4-Year/50,000-Miles
Powertrain Warranty
6-Year/70,000-Miles
Anti-Perforation Warranty
6-Year/Unlimited Miles
Roadside Assistance

Why We Chose It

Lexus is another luxury automaker that offers a comprehensive new car warranty. The warranty for its hybrid model, in particular, is the most impressive. The basic hybrid warranty coverage is for eight years or 100,000 miles while the hybrid battery warranty covers up to ten years or 150,000 miles. 

Key Features

  • Hybrid warranty covers eight years or 100,000 miles
  • Hybrid battery warranty covers ten years or 150,000 miles for models from 2020 and newer 
  • 24/7 roadside assistance for four years on new cars 

Pros

  • Two years of complimentary roadside assistance for pre-owned cars 
  • Offers an add-on accessories warranty for genuine parts 
  • Corrosion warranty covers six years and unlimited miles 

Cons

  • Basic and powertrain warranty may be limited 
  • May have to purchase a service agreement for additional protection 
  • Warranty for non-hybrid vehicles isn’t as long as others on this list 

Vault’s Viewpoint: Compare the Best New Car Warranty Companies of 2024

ProductNew Vehicle Limited WarrantyPowertrain WarrantyAnti-Perforation WarrantyRoadside Assistance 
Hyundai5-Year/60,000-Miles10-Year/100,000-Miles7-Year/Unlimited Miles
Mitsubishi 5-Year/60,000-Miles10-Year/100,000-Miles7-year/100,000-Miles
Kia5-Year/60,000-Miles10-Year/100,000-Miles5-year/100,000-Miles
Infiniti 4-Year/60,000-Miles6-Year/70,000-Miles7-Year/Unlimited Miles
Tesla  4-Year/50,000-Miles8-Year/100,000-150,000-Miles12-Year/Unlimited Miles 
Lexus  4-Year/50,000-Miles6-Year/70,000-Miles6-Year/Unlimited Miles 

Learn More About New Car Warranty Companies

Now that we know some of the options available, let’s go over the basics to learn more about new car warranty companies. 

What Is a New Car Warranty Company?

A new car warranty, also known as a manufacturer’s warranty, is an agreement between an auto manufacturer and car owner that protects your vehicle from potential defects with parts or mechanical components. Under the warranty, certain parts like the engine, transmission or AC are eligible for free repair or replacement in the case of a material or factory defect. 

Most new car warranties offer coverage for up to three years. However, some automakers offer extensive new car warranties that go above and beyond the industry standard. 

How Do New Car Warranty Companies Work?

When you purchase a new car, the manufacturer provides an outline of its warranty and everything it covers along with the length of time the coverage lasts. The two main categories the warranty includes are new vehicle limited warranty, or bumper-to-bumper warranty, and powertrain warranty. 

The powertrain warranty covers repair or replacement of major parts needed to keep your vehicle running, like the engine and transmission. The bumper-to-bumper warranty may cover select components that make up the rest of the car and its electronics like the air conditioner, radio and audio systems, paint and battery. 

Who Are New Car Warranty Companies Best For?

The new car warranty companies offering the best coverage will be most appealing to customers who want guaranteed protection and peace of mind when making a purchase. A new car is a hefty investment, so it makes sense to look for an automaker that offers repairs and replacement of defective parts, provides roadside assistance in case of mechanical breakdowns and provides consistent service to ensure the health and longevity of your vehicle. 

If you want a new car warranty with the most coverage, Hyundai and Mitsubishi come out on top. A few other new car warranty companies that rank above the rest are Kia, Infiniti and Tesla. 

Types of New Car Warranties 

  • New car warranty: The manufacturer provides this warranty when you purchase your car. New car warranties are typically broken down into different categories including basic warranty and powertrain warranty. On average, new car warranties offer coverage for about three years.
  • Basic warranty: Also called a bumper-to-bumper warranty, this coverage includes all of the vehicle’s systems, like the audio systems and air conditioner. 
  • Powertrain warranty: A powertrain warranty offers coverage for the major components that make a car run including the engine, transmission and axles. 
  • Extended car warranty: An extended car warranty provides additional coverage after your manufacturer’s warranty expires. You can purchase an extended car warranty from a dealer, a third-party company or sometimes the manufacturer if you want long-term protection for your vehicle. 

How To Choose a New Car Warranty Company

Coverage Scope and Limitations 

While most new car warranties offer similar coverage, every automaker is different. Review everything carefully to make sure you understand the coverage length, mileage, scope and limitations. You may also want to see if your warranty is transferable if you plan to resell the vehicle. 

Maintenance Requirements 

Most manufacturers require you to get regular maintenance at their dealership in order to receive the full warranty coverage. Check the maintenance requirements to make sure you stay on top of the required schedule. 

Service Network

You should also be aware of the manufacturer’s service network. Most new car warranties require you to take your vehicle into the dealership or an approved service provider for repairs. 

You’ll want to have convenient access to at least one of the service providers if you want to ensure you can take your car in regularly without it being a hassle. 

Other New Car Warranty Company Alternatives

Jaguar 

Jaguar is another luxury car maker that offers a comprehensive car warranty program. The automaker offers “Jaguar EliteCare,” which is coverage for five years or 60,000 miles, an above-average length of time for most manufacturers. 

Jaguar also offers complimentary roadside assistance while your car is under warranty as well as complimentary scheduled maintenance. If you have Jaguar’s all-electric vehicle, your car and battery are covered for eight years or 100,000 miles, whichever comes first.

Rivian 

If you’re in the market for an electric vehicle, Rivian offers an excellent new car warranty. The basic warranty depends on your configuration. Its Quad-Motor configuration is covered for five years or 60,000 miles (whichever occurs first), while all other configurations are covered for four years or 50,000 miles. 

Rivian’s powertrain warranty offers longer coverage than most. Coverage lasts eight years and either 150,000 or 175,000 miles depending on your configuration. With those eight years, you also get a restraint system warranty and an anti-perforation warranty. 

Genesis 

Genesis is another luxury car brand that offers one of the longest and most extensive new car warranties. The automaker’s bumper-to-bumper warranty covers five years or 60,000 miles while its powertrain warranty covers 10 years or 100,000 miles. 

Genesis also offers an extended warranty option up to 120,000 miles. The luxury manufacturer is a division of Hyundai, which also boasts an impressive warranty, so it makes sense why the coverage is so extensive. 

Frequently Asked Questions

Who Gives the Best New Car Warranty?

The best new car warranty companies include Hyundai, Mitsubishi, Genesis and Kia. Some of these new car warranties offer coverage up to ten years or 100,000 miles, whichever comes first, as well as roadside assistance and complimentary service.

What Company Has the Best Extended Car Warranty?

After your manufacturer warranty expires, you can choose to get an extended warranty from either the dealer or a third-party company. Extended warranty companies like Endurance or CarShield offer comprehensive and affordable coverage. Some manufacturers also offer extended car warranties for coverage up to 120,000 miles. 

What New Car Has the Longest Warranty?

Automakers including Hyundai, Genesis, Mitsubishi and Kia offer some of the longest warranties. These new car warranties provide coverage for up to 10 years or 100,000 miles. 

Editorial Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. We may earn a commission from partner links on Newsweek, but commissions do not affect our editors’ opinions or evaluations.

Sam Lauron

Sam Lauron

Contributor

Sam is a freelance contributor to Newsweek’s small business team. Having worked directly with small businesses throughout her career, Sam understands the challenges of owning a business and is dedicated to helping small business owners navigate their industries and grow. You can find Sam in Austin, TX, usually working from one of her favorite local coffee shops.

Read more articles by Sam Lauron