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What Are the Best Car Warranties for Used Cars?

The best warranties for used cars come from companies that have a long history of trusted experience. CARCHEX not only has over 20 years of experience as a trusted vehicle protection company, but we also get high ratings from the Better Business Bureau, Thoroughly Reviewed, Consumer Affairs, Top Ten Reviews, and many others.

Keep reading to see why CARCHEX offers the best car warranties for used cars, then call 866-261-3457 to get a quote from one of our vehicle protection experts.

Who Has the Best Car Warranty for Used Cars?

It’s no secret that a used car is more affordable than a new one. That can all change if your used car doesn’t have protection from unexpected and expensive repairs. If that’s the case, your used car could be a financial disaster just waiting to happen.

So, what provider offers the best car warranties for used cars? If you’re looking for an extended warranty, then you are bound to come across hundreds of third-party companies offering different coverage options, including:

  • CARCHEX
  • CarShield
  • Endurance
  • AA Auto Protection
  • Liberty Bell Auto Protect
  • AutoAssure
  • Concord Auto Protect
  • Protect My Car

What to Look For in the Best Car Warranties for Used Cars

Not all extended service contracts for used cars are the same. Here are some features to look for in a used car extended warranty:

Coverage

Does your vehicle have high-tech components? How about a diesel engine? Is it a hybrid? Whether your vehicle needs repairs to its steering system or the transmission, you’ll want to shop with a company that includes comprehensive, bumper-to-bumper protection and powertrain coverage.

Transferability

If you’re looking for the best car warranty for used cars, you may be looking to protect your own vehicle or get a better price when selling to a new owner. The new owner will appreciate the continued coverage. Is the warranty transferable if you sell the car before the warranty expires?

Roadside Assistance

If your vehicle breaks down, you’ll need to find a nearby towing service, get yourself to the repair facility, and possibly rent a car while repairs are being made. The best car warranties for used cars think a step ahead and partially cover these services. Look closely at the reimbursement limits and roadside assistance services offered in the contract.

Repair Facilities

Dealership and manufacturer warranties often limit repairs to your local dealership. Warranties from independent providers allow you to choose from a wider network of repair shops.

Insurance-Backed Providers

What happens if your warranty provider goes under? Will you lose your money? Does your provider have the ability to fulfill claims? Only buy a warranty backed by a reputable company or insurance carrier.

Other questions you should ask the provider:

  • How long does coverage last?
  • What are the mileage or age restrictions?
  • Is there a deductible, and if so, what is it?
  • Am I covered countrywide?
  • Is a vehicle inspection or proof of routine maintenance required?
  • What is the policy on cancellations and refunds? Is there a satisfaction guarantee?
  • How are claims/repairs paid? Who pays the repair facility?
  • What are your financing options?
  • Are there any optional add-ons, such as high-tech coverage?

Is My Used Car Warranty Enough?

Your used car has been inspected and looks to be in good shape — that’s why you bought it. But if it needs an engine rebuild or a transmission replacement, you may have to choose between paying for an expensive repair or getting rid of your vehicle. That’s why you should understand what a used car warranty covers, whether that’s a certified pre-owned (CPO) warranty from the dealership or a protection plan from a third-party provider.

Common Car Repairs

Do you know the most common repairs reported for your vehicle? Do you also know how much they cost? Having an idea of which parts are the most expensive to repair will help you find the best car warranty coverage and save you the most money.

Here are a few examples of common vehicle repairs and their average cost, according to CarBrain.

Part Estimated Repair Costs
Fuel injector $500
Timing belt $500
Fuel pump $700 to $2,000
Catalytic converter $1,500
Camshaft $1,500 to $3,000
Transmission replacement $4,000 to $5,000
Hybrid battery $6,000

Major repairs to your vehicle’s engine can cost even more depending on the vehicle, parts, and labor. If you can’t cover these costs out of pocket (and you don’t want to dig into your savings), then an extended car warranty may be worth it.

How Long Does Your Used Car Warranty Last?

Hopefully your factory warranty lasts for a while, but if you don’t have one of the best car warranties, then you may need to start shopping early for an extended car warranty.

Manufacturers often offer coverage for used vehicles through CPO programs. According to Edmunds.com, some of the best CPO warranties include:

Automaker CPO Warranty
Hyundai Remainder of the 5-year/60,000-mile basic warranty, a 10-years/100,000-mile powertrain warranty, and 10 years of roadside assistance
Kia 10-year/100,000-mile powertrain warranty plus 1-year/12,000-mile “Platinum” coverage
Honda/Mazda 7-year/100,000-mile powertrain warranty plus 1-year/12,000-mile non-powertrain coverage
GM 6-year/100,000-mile powertrain warranty, 1-year/12,000-mile bumper-to-bumper warranty, plus two maintenance visits

Beyond the manufacturer or dealership, you can find similar coverage for used cars with third-party providers like CARCHEX, often at better prices and with more flexible options.

CARCHEX offers coverage plans lasting up to 10 years for used vehicles, ranging from basic powertrain warranties to full vehicle coverage.

Unlike dealerships that offer a limited number of plans, you’ll find over 15 plans across five coverage tiers (Titanium, Platinum, Gold, Silver, and Bronze), so you can choose the most personalized plan for you.

CARCHEX Vehicle Protection Plans

Why CARCHEX Offers the Best Car Warranties for Used Cars

Don’t be pressured to buy the first used car warranty offered to you by pushy salesmen or telemarketers. Find comprehensive coverage at competitive prices with a CARCHEX specialist during a personal consultation. You can compare plans and read along with sample contracts as a specialist answers all of your questions, from pricing to excluded coverage.

Why does the Los Angeles Times, Pat Goss of MotorWeek, and other important media outlets mention CARCHEX as a great tool for saving money?

  • Deductibles are low, with some plans requiring no deductible at all.
  • Pay for coverage with monthly payment plans up to 24 months.
  • Use a repair facility that’s convenient for you — choose from more than 30,000 mechanics nationwide.
  • Never worry about paying for repairs up front from your own pocket.
  • Get generous roadside assistance, rental car reimbursement, and trip interruption benefits when you need them most.
  • Plans are backed by A and A+ rated insurance carriers.
  • Transfer any plan to a new owner, or get a full refund after 30 days if you’re not satisfied with your coverage.
  • Use CARCHEX buying power to find the best prices among competitors.

If you don’t have the coverage you need, CARCHEX can provide you with customized coverage. CARCHEX has received an A+ rating from the Better Business Bureau and has been endorsed by Edmunds.com, CARFAX, Kelley Blue Book, and other industry leaders. With a 99.9% satisfaction rate, you can be sure that CARCHEX will match you with the coverage you need at a price you can afford.

Car parts

Get a Free Quote

We make it easy for you to get a quote on the best warranty for your used car. Get a free quote online or call to talk to one of our protection specialists today.

866-261-3457

Sources:

CarBrain.com: https://carbrain.com/Blog/15-damaged-auto-parts-that-will-really-cost-you

Edmunds: https://www.edmunds.com/car-buying/10-best-certified-pre-owned-car-programs.html

Hyundai: https://cpo.hyundaiusa.com/us/en/certified-pre-owned/index.html

Kia: https://www.kia.com/us/en/cpo

GM: https://www.gmcertified.com/certified-benefits

Better Business Bureau: https://www.bbb.org/us/md/hunt-valley/profile/extended-warranty-contract-service-companies/carchex-0011-23015869

CARCHEX 118 Shawan Road, Suite 210 Baltimore, MD 21030 (FL License # E155490)

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We proudly offer the CARCHEX No-Haggle, Lowest Price Everyday Guarantee™ for all of our auto warranty and car inspection programs.
Consistent with consumers’ understandings and expectations of the market in which CARCHEX operates, CARCHEX uses the terms “warranty”; “extended warranty”, “extended auto warranty”, “extended service protection plan” and similar terms to describe the more technical term “vehicle service contracts”. For more information, see this FTC link or learn more here or by reviewing CARCHEX’s website.
CARCHEX markets and sells extended warranties on behalf of third party extended warranty providers, and your extended warranty will be between you and the provider. This website site is intended solely for the purpose of providing general information regarding the purchase of extended warranties. Specific contract terms, rates, taxes, fees and other charges are determined upon validation of vehicle information and acceptance by the extended warranty provider, for which CARCHEX is not responsible. Extended warranties may not be sold where prohibited by law.
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