Drivers who are looking for extra protection for their vehicles can purchase an extended warranty from a variety of sources. Extended warranties can be bought from outside companies, such as Carchex or Endurance, or directly from the manufacturer of the vehicle. These warranties usually offer several levels of coverage, including towing services, rental car coverage, and travel insurance. When shopping for an extended warranty, it's essential to compare quotes from different dealerships. It's also important to be wary of any unsolicited offers over the phone, as these are often scams.
ForeverCar is one of the few extended warranty providers that offer plans with unlimited mileage and is worth checking out. CarShield is another great option for those looking for an affordable contract that covers the engine, transmission, and water pump. If you plan on keeping or leasing your car for less than the duration of the factory coverage, you don't need an extended warranty. However, if you're concerned about your ability to pay for major mechanical repairs in the future, it might be worth extending your warranty. Extended warranties can also be worthwhile investments for those who have unreliable cars and for drivers looking to set predictable car budgets. When purchasing an extended warranty, it's important to consider the type of coverage you need.
The three main types of extended warranty coverage plans are start to finish, declared component, and powertrain. Vehicle service contracts offer similar coverage for repairs and are often called extended warranties, but they are administered by third parties. Concord's extended warranty plans are a good fit for those looking for a reliable plan. You can buy an extended warranty from a variety of sources, including dealerships and car clubs. The cost of an extended car warranty is based on the vehicle's age, mileage, make, and model.
Purchasing an extended warranty online has several key benefits such as quick access to a free quote, a shorter waiting period, and a greater choice of coverage levels and options. WalletHub recently published a list of the most reputable extended car warranty companies. The top five extended warranty options include ForeverCar, CarShield, Endurance, Concord Auto Protect, and Carchex. When considering which option is best for you, it's important to keep in mind that warranties don't cover collisions, environmental damage, theft, or acts of vandalism. Extended warranties can provide peace of mind when it comes to protecting your vehicle from unexpected repairs. By doing your research and comparing quotes from different providers, you can find the best plan that fits your needs and budget.