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Everyone wants the best extended warranty available. Before buying though, it is important to consider a range of providers, coverage choices, and prices.
Not all extended warranty providers are the same. As you search to find the best extended warranty for your car, you’ll need to consider several important factors about the company. Here are the six most important things to consider before you purchase a plan.
It’s good to choose a company that has many years of experience providing the best extended warranty options. Not only will an experienced company be able to provide more coverage options, but they also will have good relationships with repair shops across the country and other prominent auto industry experts.
If a company is accredited by the BBB, you can be sure they’re committed to resolving any customer complaints in good faith.
In addition to accreditation, the BBB rates businesses based on customer experience and other factors. An A+ rating from the BBB means the company has proven to provide top-notch customer service, has few BBB complaints, and follows legal and ethical business practices.
The best extended warranty will come backed by an insurance company. If a plan is underwritten by an insurance company, you’ll know your vehicle is protected with adequate funds to pay claims.
Additionally, contract fees will be based mostly on potential claims costs, so you can be sure your warranty company isn’t exploiting you with expensive service contract premiums.
Having outside endorsements or partnerships in the auto industry can tell you the reliability and trustworthiness of a service contract provider. Choose a company that has been endorsed by other respected auto industry leaders.
The less complaints a company has, the better their commitment to customer satisfaction. In addition to the number of complaints, you should consider how the company responds to existing complaints and whether complaints are resolved.
To make things easy for you, we have compiled a list of the six best extended warranty providers: CARCHEX, Liberty Bell Auto Protect, AutoAssure, Concord Auto Protect, Endurance, and Protect My Car.
The best extended warranty for your car will tell you exactly what you get with the warranty, without hiding fees or exclusions. It should be straightforward and easy to understand. In other words:
The best warranty will be serious about covering your needs — presenting all terms up front, in language everyone can understand. The company should offer a wide range of plans to fit a wide range of customers.
In addition to what’s in the contract, the best extended warranty comes from companies that focus on customer service and the customer experience. The companies that empower customers with honest and accurate information are the best options. Also, you can always check online reviews and rankings to find the best warranty.
When you come to CARCHEX for the best extended warranty, we promise to avoid haggling with you and give you the best possible price we can. Not only does CARCHEX offer a great selection of plans and terms, but we sell plans insured for your protection.
CARCHEX boasts an A+ customer service rating and accreditation from the Better Business Bureau since 2009. We also have a top-rated service reputation on ThoroughlyReviewed and with our long list of partners, including Kelley Blue Book, CARFAX, Edmunds.com, Royal Administration Services, and more.
Below is a look at the five levels of coverage available from CARCHEX. Note there are several protection plan options within each of these levels, giving you plenty of coverage options.
In addition to a wide range of plan tiers and coverage options, you can rest easy knowing your vehicle is protected by a company that has your best interest in mind. We provide all of our customers with the best extended warranty service and benefits.
If you find an affordable extended car warranty, the peace of mind is almost always worth the cost. If a breakdown occurs and you need to use your service contract, you may save yourself hundreds, if not thousands, in car repair bills. This can be much more manageable than paying for an expensive repair all at once.
The best extended warranty for luxury car brands like Mercedes-Benz, BMW, or Audi, or is going to be able to cover the common expensive repairs that luxury cars face. Many repairs for luxury brands are much more expensive than other brands. Depending on the reliability of your brand, you may have necessary repairs sooner than you think. Before you commit to a luxury vehicle, make sure you check out the reliability of that brand on sites like J.D. Power, Consumer Reports, and RepairPal. For example, J.D. Power publishes an annual U.S. Vehicle Dependability Study℠ that ranks brands based on number of repairs per 100 vehicles.
Vehicle service contract pricing can vary greatly depending on certain factors for your vehicle. For example, a car that’s only a few years old with less than 25,000 miles will cost less to protect than an older model with over 100,000 miles. From a dealership, an extended warranty usually costs between $1,000-$1,500, but a reputable third-party extended warranty provider like CARCHEX is usually more affordable for the same car.
If working with a dealership or some third-party providers, you can usually haggle to get a slightly better price. However, you can skip the negotiations by choosing the best extended warranty form CARCHEX. We ensure you’ll get the best price without the need to haggle.
Getting a free online quote is fast and easy or call CARCHEX at 866-261-3457 to speak to a vehicle protection specialist and find the best extended warranty today.
Better Business Bureau: https://www.bbb.org/greater-maryland/business-reviews/extended-warranty-contract-service-companies/carchex-in-hunt-valley-md-23015869
Thoroughly Reviewed: https://thoroughlyreviewed.com/car-warranty/carchex-reviews/
J.D. Power: https://www.jdpower.com/business/press-releases/2020-us-vehicle-dependability-study
Money Crashers: https://www.moneycrashers.com/extended-car-warranty/
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