In this day and age, everyone is looking to save money anywhere they can. The prices at the pump keep rising, auto prices are through the roof, and don’t even get us started on the cost of car repairs. Extended vehicle protection might seem like a luxury, but in reality, car warranty coverage has become a necessity.

Many people believe they cannot afford an average extended warranty or auto protection plan. However, 58% of drivers report they cannot afford an emergency car repair costing more than $1,000. This makes flexible payment options for extended warranties more affordable compared to unexpected expensive repairs.

With budget-friendly payment plans and extended auto warranty discounts, extended vehicle protection is more affordable than you’d think. Money-saving discounts may be available from various third-party extended auto warranty providers. Why pay full price for something when you can get a great deal?

Common Extended Car Warranty Discounts

Extended auto warranty discounts can be a great way to save money. Some are based on lifestyle qualifications, while others are accessible with little to no effort. Like every extended car warranty provider, which has unique pricing and vehicle service contracts (VSC) with varying degrees of coverage and limitations, each may also have incentives and discounts. We’ve gathered a few popular discounts we’ve seen over the years:

State or Federal Government Worker Extended Auto Warranty Discounts

Do you work for the local, state, or federal government? You could get rewarded for your public service with discount pricing. Auto protection plan discounts may be available for positions such as police officer, firefighter, school teacher, and more.

U.S. Military Extended Car Warranty Discounts

Some auto protection plan providers provide discounts in appreciation for your dedication to protecting and defending our country. U.S. military discounts may be available for active-duty military personnel, reservists, veterans, and their spouses.

New Customer Discounts

Some auto protection plan providers will offer promotion codes or a certain percentage off for first-time buyers as an additional incentive. You may qualify if you’ve never purchased an extended vehicle warranty.

Membership Discounts by Affiliation

When shopping for extended car warranty companies, you may be eligible for a price cut with your membership or affiliation with established brands. Ask about discounts if you’re a part of programs like AAA, AARP, or affiliate insurance companies.

Multiple Car Bundle Discounts

Having more vehicles can give you additional buying power. If you’re buying multiple policies, your extended warranty provider may offer a discount for one or all of them.

No Check Engine Light Extended Auto Warranty Discounts

If the “check engine light” on your vehicle isn’t on, or your vehicle hasn’t needed repairs in at least six months, you could qualify for a discount. When your car or truck appears well-maintained and repair-free, the warranty cost could be lowered.

Loyalty Rewards for Existing Warranty Customers

Just like some companies may offer incentives for first-time warranty buyers, others may reward customers who have been with them for years or reward customers who buy consecutive auto protection plans when they buy a new car.

Referral Discounts for New Customers

Learning about a great company from someone you trust is a win-win! Sometimes, warranty companies offer a discount to new customers referred by an existing customer—plus, the existing customer may get a reward!

First-Time Extended Car Warranty Discounts

When you request your free extended vehicle protection quote, your vehicle is assessed for initial protection. The request can lock in the best available rate with an automatic discount if coverage is activated on that call. Time is of the essence for these first-time call offers. If someone needs more time to think and buys coverage later, that increases the risk of mechanical failure. Second-call customers present a higher risk, so the first-time call discount is limited to the first call.

Endurance Warranty Discounts

Endurance Warranty focuses on putting the customer first by providing several ways to save money. Endurance offers different vehicle protection plan discounts, includes a suite of impressive bonus perks, and offers customizable vehicle service contracts with flexible payment terms. Let’s look at some of Endurance’s common discounts.

Limited-Time Offers: $$$ Off Any New Auto Protection Plan

If you’re shopping for an extended car warranty, Endurance Warranty offers limited-time promotions, such as $300 off any new vehicle service contract. When you purchase an auto protection plan from Endurance while this promotion occurs, you’ll automatically save $300 over the life of the contract.

Seasonal Discounts

Endurance Warranty discounts may also appear around holidays like Thanksgiving or New Year’s Day. It’s the perfect way to save money while giving yourself the gift of financial security in the event of mechanical breakdowns.

Other Ways to Save on Vehicle Protection Plans

Discounts aren’t the only way to save on service contracts. With the right strategy, you can get comprehensive coverage at the best price. Maximize your savings by trying these tips:

Compare Vehicle Warranty Offers

Just because one third-party company gave you an offer doesn’t mean it’ll be the same with every protection plan provider. Shopping around can save you hundreds or thousands of dollars in car repairs.

Third-party providers have different levels of coverage options, payment plans, terms and conditions, limitations, and exclusions. For example, Endurance Warranty offers coverage for many vehicles that aren’t protected by other auto protection plans, including high mileage vehicles, older cars, vehicles with salvage or rebuilt titles, Tesla electric vehicles, high-end luxury cars, hybrid vehicles, Canadian grey market vehicles, and cars used for rideshare or delivery.

It’s also a good idea to look beyond the contract price to determine which coverage option provides the best value. First, be sure to read the fine print to ensure that the warranty covers all the car repairs you want. A vehicle protection plan is only worth it if it actually protects you against expensive, covered repairs. Additionally, you’ll want to consider the deductible’s price and the business’s reputation for reliability and customer service.

Timing Your Purchase for Maximum Savings

Timing is everything, and if you buy an extended car warranty at the right time, you can increase your savings. While shopping around, watch for sales events and promotional offers on vehicle service contracts. Plus, if you wait until the end of the quarter, third-party warranty providers like Endurance, Olive, CarShield, and CARCHEX may offer bonus deals and incentives.

However, it’s also important to remember not to wait too long to look for discounts. Not only do you want to avoid mechanical breakdowns while you’re unprotected, but the earlier you buy your vehicle protection, the lower your monthly or yearly premiums will be.

How Extended Auto Warranties Save You Money

Consider not just the upfront financial savings through promotional incentives and discounts. There are many cost-saving benefits of extended car warranties, too.

1. Save on Expensive Car Repairs

The most obvious way extended auto warranties save money is when mechanical breakdowns happen. Once your bumper-to-bumper warranty expires from your manufacturer’s warranty or car dealership, vehicle owners are left paying out-of-pocket for unexpected vehicle repairs. The cost of repairs and replacements for engines, transmissions, parts, and labor can be expensive. Having an extended auto warranty means that the included parts and labor are covered, which takes the financial burden off in the middle of a stressful mechanical breakdown.

2. Budget for Repairs

As vehicles age, they become more susceptible to failure. Car repairs are an inevitable part of car ownership, and unfortunately, they happen at the absolute worst time financially. Being without a reliable vehicle can create financial hardship, let alone a hefty car repair bill. A predictable monthly payment of an extended vehicle warranty means your budget stays on track – even when the car has to go to the repair shop.

3. Inflation Protection

Automotive prices, including those for car parts and labor costs, are increasing. However, with an extended auto warranty, your monthly payment stays the same while your provider handles the bill. Extended warranty plans give a financial safety net against rising costs.

4. Increased Resale Value

When an extended car warranty is transferable, it can increase your vehicle’s resale value when you’re ready to buy your next car. A vehicle service contract instills confidence in your potential car buyers that your vehicle has been taken care of. Plus, it’ll give them peace of mind that they can benefit from the vehicle service contract if anything breaks after they purchase it.

5. Included Benefits Packages

Some warranty companies offer additional perks that can save you money. Ask about any additional benefits included with your extended vehicle warranty plan.

Every Endurance Warranty plan comes standard with a suite of additional benefits. These benefits add to the overall value and maximize your savings when disaster strikes. Endurance includes:

• 24/7 roadside assistance and towing
• Trip interruption coverage
• Rental car reimbursement
• Choose your car mechanic or repair shop from a network of over 2,800
• 30-day risk-free money-back guarantee

You can even upgrade your savings with a free year of Endurance Elite benefits. With a small activation fee, you’ll get even more protection with tire repair and replacements, key fob replacements, collision discounts, and more.

Get the Best Deal on an Auto Protection Plan

Mechanical breakdowns can happen when you least expect them. You and your vehicle need protection before the inevitable happens. Our customer service team can help you find the best extended car warranty for your vehicle and lifestyle at a price that is just right for your budget.

Take advantage of our promotions and 30-day money-back guarantee. Call an Endurance plan advisor at (800) 253-8203 or request your FREE quote using our online form. Or, if you want to browse plans yourself, you can also shop our eStore to see plans and price options now.

You can also explore more topics on the Endurance blog. Get answers to your frequently asked questions (FAQs), learn ways to negotiate a better deal on your extended car warranty, and see other money-saving tips.