Before buying extended coverage, you should know the protection your vehicle already has. If you purchased a new vehicle from the dealership, it will come with a factory Genesis warranty that covers most vehicle parts during your first few years of ownership. Genesis coverage for new cars includes a:
- 5-year/60,000-mile bumper-to-bumper warranty
- 10-year/100,000-mile powertrain warranty
Warranty For CPO Genesis Vehicles
To become a certified pre-owned (CPO) vehicle, Genesis models must pass a 191-point inspection, be newer than five years old and have under 60,000 miles on the odometer. If approved, vehicles receive a total of 6 years/75,000 miles of bumper-to-bumper coverage and 10 years/100,000 miles of powertrain coverage. If the CPO vehicle is already 4 years/59,000 miles, this means you’ll only get an additional 2 years/16,000 miles of bumper-to-bumper coverage.
When considering extended coverage, you should look at how reliable your car is and how long you plan to own the vehicle. If you rarely find yourself at a repair facility for things outside of routine maintenance, you may not need an extended warranty.
Genesis is a fairly young brand in the automotive industry, so there’s not an excess of data on vehicle reliability. Hyundai, Genesis’ parent company, is often highly rated for being a dependable brand.
In fact, the J.D. Power 2023 U.S. Vehicle Dependability Study℠ ranked Genesis second out of 31 carmakers. This study examines how many issues car owners face after three years with their vehicles. Genesis owners reported 144 problems per 100 vehicles, which is well below the industry average of 186.
As one of the most reliable brands on the market, your Genesis vehicle is far less likely to break down a few years from now, especially when compared to other cars, making extended coverage less necessary.
How Much Do Repairs Cost For Genesis Vehicles?
RepairPal* estimates the annual repair cost for a Genesis vehicle to be $524. This is significantly lower than the average cost of $652 across all automakers. The table below also shows some common part replacement costs for specific Genesis models: