How to Get an Extended Warranty for a Used Car

Buying a used car is a gamble, but the best way to protect your investment is to get an extended warranty. Choosing the right warranty protection can be challenging, so we’ll teach you how to get an extended warranty for your used car to avoid paying huge repair costs later.

Here are some tips to get the best deal on your extended warranty.

Extended Warranty Shopping Tips

To help you get a good deal on an extended used car warranty, here are some tips:

Get Past The Sales Pitch
A shiny brochure or sales pitch over the phone isn’t your contract. What you sign is what you get, so look past the marketing materials and read the fine print of your contract.

The Sooner You Buy, The Better
The longer you wait, the older your car gets. The older your car gets, the more you’ll pay for an extended warranty. You’ll get a better price on your extended warranty if your used car’s factory warranty is still active.

Pick a Reputable Company
Given the risk of purchasing a used car, you’ll want to buy an extended warranty from a best-in-class company, such as CARCHEX. Whether you’re getting a quote from multiple companies or a vendor is doing the work for you, be sure to pick the best.

Buy The Highest Level You Can
In most cases, there is a very small difference in cost between the highest level of coverage a company offers and its lowest level. For a few extra bucks, you can get all of the coverage and benefits available. Going big is usually cost-effective.

Shopping with the Top Warranty Companies

There is a long list of warranty providers that offer some level of extended warranty protection for new and used cars. Some are reputable, while other warranty companies are not. Below is a list of some of the top warranty companies in the industry and how they all stack up.

As you can see, CARCHEX wins the race in its extended warranty coverage. CARCHEX boasts an A+ customer service rating by the Better Business Bureau and is consistently rated at the top of the used car warranty industry in price and flexibility.

The Right Questions to Ask

You don’t have to be a gear-head to get an extended warranty for a used car at a good price. Here are some common questions to ask when shopping for used car warranty protection:

Who is accountable for this warranty?

Only consider insured plans that come from companies with a long list of endorsements. That means your plan is credible and you can expect a good experience should you need repair work.

Have you searched the marketplace for the best price?

The F&I rep at a dealership isn’t going to actively work to find you the best price. A warranty company that goes through all of the administrators will find the best deal for you.

Who can I take my car to when it needs repairs?

Make sure you have access to as many licensed repair shops as possible — not just a certain dealership.

Is there a cancellation policy?

A good warranty company will offer a money back guarantee or some type of refund if you’re not satisfied with your extended warranty.

A+ Service & Benefits at CARCHEX

By keeping these points in mind, you are much more likely to end up with an extended warranty that best matches your needs. With CARCHEX, you can get a vehicle protection plan for your used car quickly and easily from a reputable company with 20 years of expertise.

We offer five Extended Vehicle Protection Plans with a number of customizable areas within each.

The benefits of our plans include:

Finding an online quote is free, fast, and easy. Or call us toll-free at 866-261-3457 to get an extended used car warranty today.

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Sources:

Edmunds: www.edmunds.com/auto-warranty/third-party-extended-warranty-scams.html

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

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