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How to Purchase a Used Car Warranty

If you’re the type of car owner who prefers a predictable, low monthly payment to an expensive and untimely repair bill, an extended warranty is the right choice for you and your car. Keep reading to learn how to find a used car warranty that fits your needs and your budget.

Purchase a Used Car Warranty the Right Way

If you educate yourself on how the used car warranty buying process works, and you know what you’re looking for, you’ll be able to make the choice that fits you best. Here’s how savvy shoppers purchase used car warranties.

Used Car Warranties from CARCHEXYour Used Car Warranty Checklist

  1. Know how much you can spend per month for a warranty.
  2. Know the mileage and age of your car.
  3. Get a copy of the warranty contract to review on your own time before you buy.
  4. Avoid “sales” and anything that touts “today only” prices.
  5. Know who the insurer is and check their record.
  6. Find out whether there is a deductible, and if so, how much it is.
  7. Make sure the warranty provider will pay the repair facility directly for the repairs (instead of having you foot the bill and file for reimbursement).
  8. Verify that the warranty can be transferred to a new owner if you decide to sell the car.
  9. Know the refund policy. If you’re not satisfied with your purchase, you should be able to get your money back.

Warranty Shopping Tips

Before you pull the trigger on a car warranty, consider these tips:

Think Long Term
This is important particularly if you’ve just bought a new car. Picture yourself in this car for the long haul and think about the protection you’ll need after the factory warranty expires.

Pay Attention to the Fine Print
It seems obvious, but many people don’t dig into the warranty to find out what’s protected and what’s excluded. Don’t just breeze through the document thinking you’re covered bumper-to-bumper—know your plan and ask lots of what if? questions.

Think Big
There isn’t much difference in price between the basic Bronze Coverage that CARCHEX offers and the high-level protection you get from the Titanium Coverage. If you decide you may need extra coverage down the road, go all the way.

The graphic below provides a look at the five customizable and affordable vehicle protection plans offered by CARCHEX:

CARCHEX Vehicle Protection Plans

CARCHEX Makes It Easy for You

Checklists, questions, long contracts, and legal jargon can make your head spin. Luckily, the vehicle protection specialists at CARCHEX make it easy for you. You’ll find an easy-to-read contract that spells everything out, and our team of vehicle protection specialists will work to find the best deal for you.

Even if you want to roll the dice and delay your coverage a little longer, CARCHEX will give you the information you need just in case.

CARCHEX has earned an A+ customer service rating from the Better Business Bureau (BBB), and we have a long track record of taking good care of our customers.

Just take a look at how CARCHEX stacks up against the top warranty companies in the industry:

CARCHEX Competitor Comparison Chart - June 2019

Customer Experience Above All

Whether you enjoy our customizable plans, superior customer service, or the long list of benefits that come with purchasing a used car warranty with CARCHEX, you’ll see why we’re ranked at the top of the car warranty industry and boast a long list of endorsements from trusted industry experts, such as:

  • RepairPal
  • DMV.org
  • Kelley Blue Book
  • Motor Week’s Pat Goss
  • Edmunds.com
  • CARFAX

Call Now for Your Free Quote

Getting a quote on a used car warranty is fast, free, and easy—call CARCHEX at 866-261-3457.

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Sources: 

Consumer Reports: http://www.consumerreports.org/extended-warranties/extended-car-warranties-an-expensive-gamble/

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

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

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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