Manufacturers and third-party suppliers offer extended warranties for cars, and coverage takes effect after the factory warranty expires. Car manufacturers such as Honda and Toyota, as well as independent companies like Endurance, Carchex and CarShield, all offer powertrain warranty plans with different length and mileage terms. To get the best deal, it's important to compare prices and get quotes from multiple suppliers. Endurance and Carchex are two of the highest rated extended warranty companies, with ratings of 3.5 stars out of 5.0 on the Better Business Bureau (BBB) website and 4.0 stars out of 5.0 on Trustpilot.
Extended warranty companies tend to be more profitable than average insurance companies, since they are not regulated by state insurance commissioners. CARCHEX has five customizable extended warranty plans, great customer service, and great additional benefits. The best extended car warranty company is Carchex because it offers five levels of coverage, with multiple contract options ranging from 12 to 84 months. An extended warranty can be a great way to finance repairs over time if you can't afford a large, unexpected repair bill.
If your car repairs are covered by the warranty, you'll only have to pay your deductible, and the plan provider will pay the repair bill. Concord's extended warranty plans are a good fit for those looking for coverage at an affordable price. In general, extended warranties are intended to prevent drivers from paying out of pocket for sudden repairs, since mechanical problems aren't covered by other types of car insurance. Extended powertrain warranties are a lower-cost option that is often an excellent choice for used cars.
The cost of the extended car warranty will depend on the age and mileage of your vehicle, as well as the make and model, so you may end up paying a higher extended warranty cost if you have an older used car. To get the most out of an extended car warranty company, make sure you're working with a reputable company that offers competitive prices and good customer service. When it comes to purchasing an extended auto warranty, there are several factors to consider in order to get the best deal possible. The exact cost of an extended car warranty depends on several factors, such as the condition of the car, the mileage of the car, and the amount of coverage included in the warranty.
It's important to compare prices and get quotes from multiple suppliers in order to find the best deal for your needs. CARCHEX has five customizable extended warranty plans, great customer service, and great additional benefits that make it one of the best extended car warranty companies available.
