Congratulations! You’ve just bought a new car—paperwork signed, plates in the mail, and the open road ahead. Now, you’re wondering: do you really need a warranty for your brand-new ride? After all, isn’t it built to last?

Auto warranties can feel like a gamble. If you don’t need it, it seems like an unnecessary expense. But if you do, not having one can set you back thousands of dollars. For new car buyers, the decision is often clearer than you might think.

The purpose of a warranty is simple: pay a little now to potentially save a lot later. When purchased at the time of buying a vehicle, warranties typically come with the best rates and most comprehensive coverage. Let’s dive into why a warranty might be worth it for new car owners, especially those looking to keep their vehicles for years to come.

Why Warranties Matter for New Cars

Although it’s rare for a brand-new car to break down in its first year, time and mileage take their toll. Road conditions, driving habits, and even weather can put significant strain on your car’s components. As your car ages, the likelihood of breakdowns increases—and so does the cost of warranty coverage.

Buying a warranty at the time of purchase locks in lower rates because warranty providers view new car buyers as lower-risk customers. This is particularly valuable if you plan to keep your car for a long time. Waiting to purchase coverage years down the road will almost certainly mean higher costs for less favorable terms.

The True Cost of Waiting

Let’s compare Fred and George, two Toyota Corolla owners.

Fred’s Story: Fred just bought a 2025 Corolla with 100 miles on it. He opts for an extended warranty through CarEdge and secures eight years and 150,000 miles of coverage for $2,234. Driving 18,750 miles annually, Fred feels confident knowing he’s protected through the life of his car.

George’s Story: George bought his 2021 Corolla brand new but waited to explore warranty options until now, after four years and 75,000 miles. He looks for the same 150,000-mile total coverage but only needs four additional years. His quote? $3,445—55% more expensive than Fred’s, for half the coverage.

This example highlights a key benefit of buying a warranty early: locking in the best pricing and terms available. For drivers planning to keep their vehicles long-term, this decision can save thousands.

CarEdge + Fair: Comprehensive Coverage You Can Trust

At CarEdge, we’re committed to helping drivers save money and protect their investments. That’s why we’ve partnered with Fair, a trusted provider of extended warranties designed with drivers in mind.

With Fair’s extended warranties, perks like roadside assistance, fuel delivery, trip interruption coverage, and rental car reimbursement come standard. Fair guarantees transparency at every step, from their easy-to-navigate claims portal to a straightforward cancellation and refund process.

Here’s what sets Fair apart: they cover repairs up to the value of your vehicle. Unlike many warranty providers that cap coverage for major repairs, Fair ensures drivers get the protection they need without hidden limitations.

Peace of Mind for the Road Ahead

A warranty isn’t just about saving money—it’s about providing long-term peace of mind. By purchasing coverage when your car is new, you secure the best rates, the most comprehensive protection, and the confidence that your vehicle is ready for whatever comes its way.

With CarEdge and Fair, you’ll find coverage you can count on. Start protecting your investment today and drive with peace of mind knowing you’re covered.

Ready to explore your options? See CarEdge’s extended warranty coverage details, FAQs, and more. We’re here to help you save, no matter where you are in your car ownership journey.