Extended warranty · Memphis, TN
Memphis runs 5% under Tennessee average. Industrial-base independent garages keep claim labor competitive. The Tennessee lemon-law window of 12 months / 12,000 miles applies here, so factor that into the buy-now vs. wait decision.
Last reviewed 2026-02-15. Sources cited inline. Pricing illustrative — your actual quote varies by provider, vehicle, and term.
Average annual cost
$1,454/yr
5-year midsize SUV reference vehicle at 60,000 miles.
vs Tennessee average
-5%
State baseline: $1,530/yr
vs national average
-8%
National baseline: $1,580/yr
Warranty Cost Index
That puts Memphis in the cheaper half — the 6th percentile nationally. Drivers here pay $599/yr less than peers in New York City, NY.
Cheapest
Indianapolis, IN
$1,401/yr
Priciest
New York City, NY
$2,053/yr
Index normalized to a 5-year midsize SUV reference vehicle at 60,000 miles across 25 top US metros. Median: $1,606/yr.
Updated Jun 1, 2026
1,100+ compared this weekDirect-to-consumer VSC providers — no dealer markup. Pricing varies by vehicle + term; use the city avg above as a baseline.
Comparing 3 audited providers· Rates verified Jun 1
Data last reviewed . Source: CarSavr editorial methodology.
| Provider | Best for | Why we picked it | Rated | |
|---|---|---|---|---|
1 Endurance | Best overall coverage | Industry's deepest coverage tiers — including a powertrain-only plan that's the cheapest direct option. 30-day money-back guarantee + 24/7 claims line. Higher upfront cost but the broadest mileage caps (up to 200K miles). | Reviewed today | Free quote · No obligation · Cancel anytime NewStack 2–4 lenders side-by-side to compare APR, terms, and scores at once. |
2 CarShield | Most affordable plans | Lowest monthly payment plans in the category — driven by month-to-month financing options no other major provider offers. Coverage limits are tighter than Endurance, but the total cost of ownership is friendliest for older vehicles. | Reviewed today | Free quote · No obligation · Cancel anytime |
3 Olive | Online-only · No phone sales | Fully digital sign-up with no phone sales pressure — quote, sign, pay online in under 5 minutes. Mileage cap maxes at 140K miles, so best for newer vehicles. Transparent pricing without the 'call for a custom quote' games. | Reviewed today | Free quote · No obligation · Cancel anytime |
Industry's deepest coverage tiers — including a powertrain-only plan that's the cheapest direct option. 30-day money-back guarantee + 24/7 claims line. Higher upfront cost but the broadest mileage caps (up to 200K miles).
Lowest monthly payment plans in the category — driven by month-to-month financing options no other major provider offers. Coverage limits are tighter than Endurance, but the total cost of ownership is friendliest for older vehicles.
Fully digital sign-up with no phone sales pressure — quote, sign, pay online in under 5 minutes. Mileage cap maxes at 140K miles, so best for newer vehicles. Transparent pricing without the 'call for a custom quote' games.
Warranty plan costs vary by vehicle make, model, mileage, and coverage tier. Quotes are provided directly by the provider. CarSavr may earn a commission when you purchase a plan through our links — it never affects how we rank providers.
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How rows are ranked: Editor's pick first, then by overall rating. Promoted placements are flagged with a Sponsored badge. Read the full methodology →
FAQ
A 5-year midsize SUV extended warranty (VSC) in Memphis runs about $1,454/yr on average — -5% vs the Tennessee state baseline and -8% vs the $1,580 national average. Memphis runs 5% under Tennessee average. Industrial-base independent garages keep claim labor competitive.
Yes — Tennessee's lemon law applies sitewide, including Memphis. The Tennessee lemon-law window is 12 months / 12,000 miles. The Tennessee Department of Commerce and Insurance regulates Vehicle Service Contracts in Tennessee; complaints originate there regardless of which city you reside in.
Yes. Federal contract law (FTC Cooling-Off Rule + state-specific VSC cancellation statutes) require providers to honor a partial-refund cancellation regardless of your new location. Cancellation windows vary by state; in Tennessee, the statutory window is typically the first 30 days for a full refund.
Direct providers (Endurance, CarShield, Olive) typically cost 30–55% less than the same coverage from a dealer F&I office. The dealer's markup compensates the finance manager + dealer overhead; the underwriting risk is identical because dealer plans are administered by the same VSC carriers. Compare both before signing.
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