If you are interested in purchasing a new Infinity, you’ll face the decision of whether to add an extended warranty to your vehicle. Are you curious about whether it’s better to buy an Infinity extended warranty or stick with the standard Infiniti warranty?
We’re here to answer all your questions regarding Infiniti extended warranty plans. After reading this article, you should have a much better understanding of whether an Infiniti extended warranty is right for you.
The Cost of Infiniti Warranties
The first thing we want to look at is the cost of Infiniti warranties to help you gauge how much more you’ll be paying if you choose an extended option.
Infiniti Base Warranty
The cost of an Infiniti base warranty is included in the price of your vehicle. You won’t pay anything additional to receive standard coverage from Infiniti. Below are some of the limited warranties you’ll receive when purchasing a new Infiniti vehicle:
- Basic Coverage: Four years or 60,000 miles
- Emission Control Coverage: Five years or 50,000 miles
- Powertrain Coverage: Six years or 70,000 miles
- Corrosion Coverage: Seven years and unlimited mileage
- Seat Belt Warranty: Ten years and unlimited mileage
Infiniti Extended Warranty
Customers can purchase an Infiniti Elite Extended Protection Plan for about $1,500 to $2,000. If you’re interested in purchasing this warranty, you can shop around to receive the best quote available. Nissan, Infiniti’s parent company, offers zero percent consumer financing for 12- to 18-month terms with no qualification required.
You can purchase an Infiniti extended warranty any time after you buy your new vehicle, so long as the manufacturer’s warranty has not yet expired.
The Infiniti extended warranty covers more than 1,650 components of your vehicle for up to eight years or 120,000 miles. You’ll also receive perks such as:
- Roadside assistance
- Reunite service
- Trip interruption
- Car Rental
Additionally, if you decide to sell your vehicle before your Infiniti extended warranty has expired, you can transfer ownership of the policy to a new owner.
What is the Estimated Infiniti Extended Warranty Value?
Depending on what you pay for coverage, the Infiniti extended warranty could be well worth the price. A standard Infiniti warranty covers you for four years or 60,000 miles, and the extended warranty doubles this coverage. Additionally, Nissan does not limit the number of claims that you can submit for covered repairs during this time.
The cost of roadside assistance and towing could pay for itself. For example, let’s say your vehicle were to break down on the side of a road, and you must pay a few hundred dollars for someone to tow the car to the nearest garage. The amount that you would pay for one tow is about a third of what you would pay for eight years of extended coverage.
Furthermore, consider the fact that a new engine costs about $3,500, a new transmission cost about $2,600 and a new air conditioning unit costs about $1,300. Replacing just one of these systems will justify the cost of your extended warranty coverage.
You may also want to consider the cost of inflation as well when factoring in Infiniti extended warranty costs. For example, Nissan estimates that the price of a new engine in five years is going to be more than $5,000 and that the cost of a new transmission is going to be about $3,600. As your car gets older, it is more susceptible to a breakdown. Locking yourself into favorable extended warranty rates now could help cut down on future costs.
Infiniti extended warranties also provide value because of how much you’ll save a year in fuel. Receiving regular maintenance on your Infiniti can save you almost $100 a year, according to Nissan. Keeping your tires inflated could save you about $75 a year, while changing the oil on a routine basis could save you $55 a year. This amounts to an estimated savings of $230 a year.
You’ll receive this in the first four years of the standard Infinity warranty. With an Infiniti extended warranty, however, you’ll receive these services for an additional four years, resulting in more than $900 in savings. So the amount of money you would save in fuel could also help justify the cost of an Infiniti extended warranty plan.
Lastly, you’ll want to consider the fact that you’ll need to service your Infiniti every 30,000 miles. Nissan reports this service now costs about $650, although the price in five years is estimated to be about $850. The standard Infiniti warranty expires after 60,000 miles, while the extended Infiniti warranty lasts until 120,000 miles.
Let’s say that you receive two of these services after the standard four-year, 60,000-mile warranty expires. The cost of these two services would be roughly $1,700. This, in and of itself, could total more than your Infiniti extended warranty cost. So no matter which way you spin it, the evidence is clear: An Infiniti extended warranty plan provides you with considerable value and could save you thousands of dollars in the long run.
Is it Better to Pay Out of Pocket?
An Infiniti extended warranty: Is it worth it? Our answer is yes. You’ll be much better off purchasing an Infiniti extended warranty than you would be paying out of pocket. Infiniti brands have not received any Dependability Awards from J.D. Power and Associates. The cars are known to have mechanical problems. If you keep up with your vehicle maintenance, however, you could receive excellent value from your vehicle.
You’ll receive standard protection during the first four years of vehicle ownership, but it’s years four through eight that should cause you the most concern. This is the time when Infiniti vehicles can break down. As demonstrated, it could cost thousands of dollars to keep your Infiniti running in top shape.
You would be much better off building the cost of an Infiniti extended warranty into your car payment. You likely will end up paying less than $100 per month. As a result, you’ll end up saving thousands of dollars compared with paying out of pocket for your Infiniti expenses.