The terms Used Car Warranty and Extended Auto Warranty are somewhat misnomers. A “warranty” comes with a vehicle purchase, is included in the original vehicle price and provides specified coverage for the repair of the vehicle within a given period of time. Manufacturers do not provide an extension of these warranty terms. However, car dealers and companies like CARCHEX sell vehicle service contracts or Extended Vehicle Protection plans which are similar in nature to the manufacturer’s warranty in that they cover repair costs for specific components of the vehicle after the manufacturer’s warranty expires.
Although the terms Used Car Warranty and Extended Warranty are inaccurate phrases, we recognize that most consumers commonly use these terms so may find them used within the CARCHEX website. Bottom line, after the manufacturer’s warranty expires on your vehicle, you have nothing to protect yourself from expensive vehicle repairs, unless of course you have Extended Vehicle Protection.
CARCHEX’s Extended Vehicle Protection Plans assures that all covered parts, labor, and sales tax (if specified in the extended warranty) required for replacement or repair of covered parts in your vehicle will be paid on your behalf by the administrator of your Extended Vehicle Protection.