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A used car extended warranty is a great way to keep your car on the road longer and provide peace of mind should an expensive and unexpected repair cost come up. Read on to learn more about what’s covered in an extended warranty, where to find them, and how to find the right one for you.
You’ll find that the best car warranty companies of 2017 have a long track record of exceptional customer service. Here are the usual suspects you’ll find when looking for a reputable used car warranty company:
Let’s take a good look at how these top warranty providers stack up against each other:
You surely had a list of questions ready when you bought your car. The same idea should apply when purchasing extended warranty coverage. Have this list of questions ready and get your answers before you sign or buy anything:
Even if you’re not a gearhead, you can still do your homework beforehand. Here are some tips for the savvy warranty shopper:
Think About Buying Before Your Factory Warranty Is Up
Buying an extended warranty before your factory warranty plan expires can lower your cost.
Don’t Buy Through a Dealership
Car dealers will often mark up the price—and what’s worse—if you finance the warranty you’ll also pay interest on it. When you shop with a third-party provider, you’re making a separate purchase that isn’t tied in to your car’s purchase price.
The key to all of this is to not be thrown off by any jargon or alternating terms. You may also see car warranties go by the name vehicle service contract. Technically, a warranty is the coverage that comes with new cars and the service contract is more akin to what people know as an extended car warranty. However, practically speaking, the terms warranty and service contract are used interchangeably for consumers.
A used car extended warranty can cover certain types of repairs, but we’re talking specifically about an additional plan you purchase for use after the manufacturer new car warranty or short-term used car dealer warranty runs out.
Consumer Reports offers a compelling reason why buying a used car extended warranty can be the right choice—you never know how accurate a used car’s maintenance and accident history report really is. They also cite a survey showing that among those who filed claims on their warranties on car models from 2000 and beyond, most wound up using the warranty more than once.
You will have to make many choices while shopping for a used car extended warranty. Knowing what coverage still exists is a good place to start. For example, one company offers the example of a car with a lengthy powertrain warranty and a shorter bumper-to-bumper warranty. An owner with that kind of car may choose to simply buy more bumper-to-bumper coverage. If you don’t have roadside assistance, you can purchase a plan for that.
CARCHEX has covered used car owners nationwide for nearly 20 years.
If you’re not happy with your plan, CARCHEX offers a 30-day money back guarantee. When we say Customer Experience Above All we mean it. Our vehicle protection specialists are committed to serving as an advocate for you so you can get the best deal on an extended warranty.
Finding a used car extended warranty quote is fast, free, and easy. Call CARCHEX at 866-261-3457 to speak with a vehicle protection specialist today.
JD Power: www.jdpower.com/cars/articles/tips-advice/pros-and-cons-buying-extended-warranty-car
Consumer Reports: http://www.consumerreports.org/used-car-buying/when-an-extended-car-warranty-is-worth-it/
Better Business Bureau: https://www.bbb.org/greater-maryland/business-reviews/extended-warranty-contract-service-companies/carchex-in-hunt-valley-md-23015869
These top brands trust and recommend CARCHEX.
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