Drivers who are looking for extra protection for their vehicles can purchase an extended warranty from a variety of sources. These warranties can be bought from the manufacturer of the vehicle, or from an outside company such as Carchex or Endurance. Extended warranties usually offer several levels of coverage, including benefits such as towing services, rental car coverage, and travel insurance. ForeverCar is one of the few extended warranty providers that offer plans with unlimited mileage. When it comes to selecting the right extended warranty for your vehicle, there are a few things to take into account.
Silver is the most affordable contract and covers the engine, transmission and water pump. Get a quote from our most affordable supplier: CarShield. Additionally, the EnduranceAdvantage plan is unique in the industry because it offers extended warranty and vehicle maintenance coverage. The extended manufacturer's warranty is a vehicle service contract purchased from a car manufacturer, while an extended third-party warranty is bought from an independent warranty company. CarShield sells plans from several vendors, including American Auto Shield, and works as a link between the customer and a warranty company.
The extended car warranty, also known as a vehicle service contract or secondary market auto warranty, is an optional service plan that helps cover the cost of certain repairs or replacements of car parts. Tires, brakes and other items, such as liquids, are not covered by extended warranties because they are considered “wear items” or components that are designed to wear out with use. The cost of an extended warranty depends on several factors, such as the type of vehicle, the provider, the duration and the level of coverage, among others. The three main types of extended warranty coverage plans are: start to finish, declared component and powertrain. Extended manufacturer warranties offer factory-trained technicians and OEM parts, but they require you to go to a dealer for repairs and may not last as long as third-party options.
Extended warranty costs also include deductibles, which you only have to pay when you need a covered repair. Purchasing an extended warranty can provide coverage against breakdowns that you wouldn't have without the warranty. They can also be worthwhile investments for those who have unreliable cars and for drivers looking to set predictable car budgets. You can cancel an extended car's warranty at any time, but you'll only receive a full refund within the first 30 to 60 days, depending on the provider. You can purchase an extended warranty from a reputable third-party vendor almost any time after purchase.