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Buy a Used Car Warranty | CARCHEX Tips

Buying a used car warranty from a reputable company can bring you peace of mind and save you from an unexpected bill from the repair shop. Before making a decision make sure to do your research, just like you would before buying a mattress, home warranty, or other important purchase. Read on for tips to select the right protection plan for you and to see how the top companies stack up.

Tips For Buying A Used Car Warranty

Here are some tips for the used car owner looking for extended protection:

Consider the long-term picture
No matter how well you take care of your car, eventually, you’ll run into repair needs. If you want your car to last for the long haul, think about buying the extended warranty that gives you the longest protection.

Read the fine print
Though it seems simple, you’d be surprised how many people don’t closely read their warranty policy. Be sure you know what’s covered and what’s excluded. Ask questions if you don’t know.

Find A Good Used Car Warranty Company

Here are a few high-level factors to consider when you’re shopping for a used car warranty:

Longevity: A good warranty company will have been in business for decades, not months or a few years. The industry has formerly been marred by fly-by-night operations that didn’t fulfill contractual obligations. In this case, longevity equals stability and honesty.

Partnerships: Your warranty vendor should be working with a trustworthy underwriter. You can check both by looking through the contract, finding the underwriter’s name and checking its reviews online.

Clear language: Every service contract for an extended car warranty should clearly list services, terms, deductible, and exclusions. While you should go through the protection plan with a fine tooth comb before signing it or paying for it, you should not need a microscope to learn what you’ll pay and what the coverage does and does not pay for.

But where can you find a company that checks off all of those boxes?

CARCHEX Competitor Comparison Chart - June 2019

CARCHEX Wins The Race

After nearly two decades, CARCHEX has an industry-leading track record for superior customer service. CARCHEX offers a 30-day money back guarantee and boasts an A+ customer service rating from the Better Business Bureau. That’s why CARCHEX has earned endorsements from Repair Pal, Pat Goss of Motorweek, DMV.org, Edmunds, Trust Pilot, and CARFAX.

list of additional benefits for carchex warranties

Getting a quote is free, fast, and easy. Call CARCHEX at 866-261-3457 to speak to a vehicle protection specialist and protect your used car today.

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Sources:

Consumer Reports: http://www.consumerreports.org/cro/magazine/2014/04/extended-warranties-for-cars-are-an-expensive-game/index.htm

Thoroughly Reviewed: https://thoroughlyreviewed.com/car-warranty/carchex-reviews/

Better Business Bureau: https://www.bbb.org/greater-maryland/business-reviews/extended-warranty-contract-service-companies/carchex-in-hunt-valley-md-23015869

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

© 2018 Carchex. All rights reserved.

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.
CARCHEX 118 Shawan Road, Suite 210 Baltimore, MD 21030 (FL License # W469753)
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