The Best New Car Warranties in 2023
Warranties offered by automakers are something any smart buyer should consider before making a purchase decision. And this goes for some used vehicles, too, because they may still be covered by the manufacturer’s initial warranty.
Which car brands lead the way in 2023? As you’ll see below, the list includes familiar names, but before we go any further, here are a few changes to know about.
- Also: Cablegate: Toyota Extends Warranty on Select RAV4 Hybrid Models
- Also: Maserati Adds 10-Year Powertrain Warranty for New and Old Cars
First, Kia has added a 3-year/60,000km warranty on the paintwork of its vehicles. Toyota has extended the coverage of the hybrid or electric system components of its electrified models from 5 years/100,000km to 8 years/160,000 km, while Subaru has raised the mileage limit from 130,000 km to 160,000 km for the same coverage. This matches their high-voltage battery warranty.
Bad news for Buick customers: General Motors has decided to reduce the warranty of its entry-level luxury brand (previously identical to Cadillac) to the same level as Chevrolet and GMC. More specifically, comprehensive vehicle coverage and roadside assistance are now 3 years/60,000 km instead of 4 years/80,000 km, while powertrain coverage is down from 6 years/110,000 km to 5 years/100,000 km.
Best New Car Warranties in 2023
As highlighted by CAA, here are some of the best new vehicle warranties available in 2023:
Entire vehicle
- VinFast: 10 years/200,000 km
- Hyundai, Kia, Genesis and Mitsubishi: 5 years/100,000 km
- Mazda: 3 years/unlimited km
Powertrain
- Mitsubishi: 10 years/160,000 km
- Mazda: 5 years/unlimited km
Hybrid or electric drive components
- Mitsubishi: 10 years/160,000 km
High-voltage battery
- VinFast: 10 years/unlimited km
- Mercedes-Benz: 10 years/250,000 km
- Toyota (HEV and PHEV), Lexus and Land Rover: 10 years/240,000 km
- Tesla: up to 8 years/192,000 km (Model 3, Model Y) or 8 years/240,000 km (Model S, Model X)