1. Automotive
  2. Extended Car Warranties
  3. Extended Auto Warranties
  4. Genesis extended warranty: cost, coverage and plans

Genesis extended warranty: cost, coverage and plans

Fairly priced but likely unnecessary

Author picture
Written by
Author picture
Edited by

Quick and easy. Get matched with an Auto Warranty partner.

    Hyundai, Endurance Auto Warranty and olive
    woman waiting for a mechanic to fix her car

    While luxury vehicles typically demand higher upkeep costs, Genesis is an exception. Data from RepairPal, a site that aggregates automotive repair information, suggests that vehicles from Hyundai’s luxury wing rarely make unplanned trips to the mechanic.

    Still, Genesis offers extended warranty plans to help drivers avoid repair bills, and if you’re considering one, it’s a good idea to learn what you can about them before you sign on the dotted line. With that in mind, keep reading to find out what these plans cover, what they cost and whether they’re the right choice for you.

    Key insights

    • Genesis offers just one type of extended warranty — the Genesis Protection Plan Vehicle Service Contract.
    • Genesis Protection Plan VSCs provide bumper-to-bumper, exclusionary coverage as well as several additional benefits, like roadside assistance and towing.
    • Prices start around $2,500 for a 10-year/100,000-mile plan on a newer Genesis but increase significantly for vehicles approaching the end of their five-year/60,000-mile New Vehicle Limited Warranty period.
    • You may find better deals with a third-party warranty company, but you’ll need a very good deal to wind up ahead financially.

    Genesis extended warranty coverage

    Genesis calls its official extended warranty plans Genesis Protection Plan Vehicle Service Contracts. (Vehicle service contract is another term for an extended warranty.)

    Warranty lengths are usually given in terms of years and mileage. Coverage will end when your vehicle either ages out or racks up too many miles.

    Like almost all warranties, Genesis Protection Plan VSCs are only designed to protect warranty holders from factory defects; they don’t cover maintenance, wear-and-tear components, cosmetic repairs, or damage from collisions, weather or vandalism. (If you want to save money on maintenance for your Genesis, the company does sell prepaid maintenance plans, though.)

    It’s worth mentioning that, at the time of publishing, many Genesis vehicles are still protected under their factory warranties. That’s because Genesis vehicles first went on sale in the last decade, and their factory warranties offer five years/60,000 miles of bumper-to-bumper coverage and 10 years/100,000 miles of powertrain coverage. So, as long as your Genesis has fewer than 100,000 miles, you may still have some protection — at least if you bought your vehicle when it was new.

    If you bought used, both warranties would automatically transfer to you — but the factory powertrain warranty term shrinks to five years or 60,000 miles, whichever comes first.

    Genesis claims that term lengths for its extended warranties can stretch all the way to 10 years/120,000 miles, but when we called up multiple dealers for quotes, the longest term they offered was 10 years/100,000 miles. Your mileage may vary (quite literally).

    The Genesis dealers we contacted also told us that they simply didn’t know if Genesis vehicles with expired factory warranties were still eligible for Genesis Protection Plan VSCs. What we did learn, however, is that prices quickly rise as you approach the 60,000-mile mark. (More on that later.)

    » LEARN: What does a car warranty cover?

    Genesis extended warranty plans

    Unlike many other automakers with extended warranty programs, Genesis doesn’t offer multiple levels of protection. Instead, it only offers exclusionary (aka bumper-to-bumper) coverage. That means Genesis extended warranty agreements are written so that every part in your vehicle is covered unless it’s specifically listed as an exclusion.

    Component groupCovered by Genesis Protection Plan VSC
    Drive axle
    Climate control
    Front suspension
    Rear suspension
    Fuel systems
    Electrical systems
    CV boots
    High-tech components (like window motors and safety features)

    Genesis extended warranty benefits

    Most extended warranties come with a variety of benefits besides their primary coverage, and Genesis Protection Plan VSCs are no exception. These include:

    • Roadside assistance available 24/7
    • Towing to the nearest dealer following a covered breakdown
    • Rental car reimbursements of up to $35 per day for up to 10 days while your car is in the shop for a covered repair
    • Trip interruption coverage of up to $200 per day for up to five days should your vehicle break down far from home

    Overall, these are average benefits for an automaker’s extended warranty. Just bear in mind that these benefits might not cover all of your expenses and budget accordingly.

    Genesis extended warranty cost

    Like most automakers, Genesis forces you to buy your extended warranty through a dealer, and because some dealers like to tack on extra fees, you won’t know if you’re getting a good deal until you call around for quotes from multiple dealerships. This is a time-consuming process, but it’s worth it, given how much money you may spend on an extended warranty.

    Genesis Protection Plan VSC costs

    We did the legwork, and here are the lowest quotes we were offered. (The highest were roughly $500 more across the board.)

    2023 GV80 10 years or 100,000 miles $2,581
    2021 G80 7 years or 100,000 miles $2,581
    2019 G70 7 years or 100,000 miles $3,750

    For context, the average extended warranty costs around $2,500. That means these warranties are a mixed bag with regard to price. On the one hand, the 10-year/100,000-mile warranty on the brand-new GV80 effectively doubles the factory New Vehicle Limited Warranty on a $70,000 car for around $2,600. On the other hand, if you drive a 2019 G70, it’ll cost you nearly $4,000 (with tax) to add just two years of coverage beyond your factory bumper-to-bumper warranty period.

    These quotes suggest that Genesis wants you to commit to an extended warranty early in your vehicle’s life, but your results may vary.

    Genesis extended warranty terms and conditions

    While we were unable to obtain a Genesis Protection Plan VSC sample contract, a Genesis dealer did confirm with us that most standard terms and conditions for extended warranties apply. We’ve broken down some of the important terms and conditions for you to know below:

    • Regular maintenance: As with pretty much all auto warranties, you must complete all of the recommended maintenance listed in your Genesis owners manual and keep your receipts to maintain coverage. Failure to present proof of regular maintenance may result in denied claims.
    • Preexisting conditions: Issues that existed before you got your warranty won’t be covered. Crucially, that also includes issues that you can’t prove became issues during the warranty period, which is why we strongly suggest that you get a dealer inspection report for your vehicle (usually around $200) in tandem with a warranty purchase so you can later prove which issues are new.
    • Exclusions: Standard exclusions apply, which means Genesis won’t cover unauthorized repairs, aftermarket parts, cosmetics, wear-and-tear items, or failures caused by track use, collisions, aftermarket parts, unauthorized commercial use, off-road use or towing beyond your Genesis’ rated capacity.
    • Transferability: If you sell your Genesis, you can transfer your remaining Genesis Protection Plan VSC coverage to the new owner by contacting Genesis, filling out some paperwork and paying a small fee.
    • Cancellations and refunds: You can cancel your Genesis Protection Plan VSC within 30 days of purchase for a full refund as long as you haven’t submitted a claim yet. If you have submitted a claim or it’s been longer than 30 days, you can cancel for a prorated refund based on the remaining term, minus any paid claim amounts.

    Remember, these are just the highlights, not a full summary. Always be sure to read the fine print of any extended warranty contract extremely carefully, line by line, so there aren’t any unpleasant (and expensive) surprises later.

    Is a Genesis extended warranty worth it?

    It’s hard to give a universal judgment on whether or not a Genesis extended warranty is worth the cost, but based on our research, the odds aren’t in favor of a Genesis Protection Plan VSC being a great value. We’ll try to give some perspective on why.

    In general, an extended warranty is more likely to be “worth it” if:

    • You drive an unreliable vehicle.
    • The cost of the extended warranty is less than you expect to spend on the repairs it would cover.
    • A large, unexpected repair bill could devastate your finances.
    • You’re comfortable with paying for additional peace of mind even if you don’t wind up ahead financially.

    Since the third and fourth points above depend on your personal circumstances, let’s dive into the first two.

    For starters, Genesis vehicles are widely considered to be highly reliable. J.D. Power ranked Genesis second out of 33 carmakers for dependability in 2023, wedged between reliability-rating stalwarts like Lexus (No. 1) and Kia (No. 3). In 2022, Consumer Reports ranked Genesis right in the middle of its list at No. 12 out of 24 brands.

    If you bought your Genesis pre-owned, an extended warranty might make more sense because of your shorter factory powertrain warranty.

    If something does go wrong with your Genesis, getting back on the road may not cost as much as you’d think. RepairPal estimates that Genesis vehicles only cost owners $524 in maintenance and repairs each year, compared with the industry average of $652 per year.

    Granted, that number may rise as more Genesis vehicles age out of their warranties — but for now, it’s impressive, especially considering that luxury vehicles usually come with increased parts and labor costs. (Having exclusionary coverage for five years/60,000 miles and powertrain coverage for up to 10 years/100,000 miles means that a lot of potential Genesis repair costs never actually put a dent in owners’ wallets.)

    Basically, given that Genesis vehicles are fairly reliable and come with long factory warranties, a Genesis Protection Plan VSC might not protect you from enough repairs to justify its price tag. That being said, let’s look at some quotes from third-party warranty companies before wrapping up.

    » MORE: Pros and cons of extended auto warranties

    Quick and easy. Get matched with an Auto Warranty partner.

      Genesis extended warranty alternatives

      To find out how other warranty companies stack up to Genesis’ offerings, we collected quotes from two popular providers (Endurance and olive) for the sample vehicles we used above.

      2023 GV80 $2,581 $5,962 N/A
      2021 G80 $2,581 $2,385 $1,738
      2019 G70 $3,750 $2,924 $2,630
      *All quotes are for an exclusionary plan with a $100 deductible. Prices do not include tax.

      This small sample indicates that if you’re seeking extended warranty coverage for a new Genesis, a Genesis Protection Plan VSC might be the more cost-effective choice. However, if you’re looking to protect an older Genesis, a third-party warranty company might offer a better deal.

      In either case, though, Genesis owners may still come out ahead without extended warranty coverage. Consider your own situation before you decide either way. If a large repair bill could ruin your finances, it may be worth having some added protection, even if your warranty doesn’t pay for itself.

      If you do decide to sign on the dotted line, shop around and get quotes from multiple warranty providers to make sure you’re getting a good deal.

      » MORE: How to choose an extended car warranty

      LabelAuthorized PartnerCompany nameLogoContactSummary
      Get Pricing
      LabelAuthorized PartnerCompany nameLogoContactSummary
      Call Center Open (800) 355-5671 Get Pricing
      LabelAuthorized PartnerCompany nameLogoContactSummary
      Get Pricing

      ConsumerAffairs writers primarily rely on government data, industry experts and original research from other reputable publications to inform their work. Specific sources for this article include:
      1. RepairPal, “Genesis Repair & Maintenance Costs.” Accessed April 4, 2023.
      2. J.D. Power, “Vehicle Dependability Improves Despite Continued Problems with Technology, J.D. Power Finds.” Accessed April 4, 2023.
      3. Consumer Reports, “Who Makes the Most Reliable New Cars?” Accessed April 4, 2023. 
      Did you find this article helpful? |
      Share this article