When purchasing a vehicle, you are generally provided with the manufacturer’s vehicle warranty. The warranty stays valid on an average of 3 years or 36,000 miles, whichever comes first. However, after that, it is recommended to invest in an extended vehicle warranty to cover the repairs your vehicle may undergo over the coming years. While there are several extended vehicle warranties in the market, you need to choose the one that best suits your requirements. To help you narrow down your choices, here is a list of some of the most popular extended vehicle warranty services you can consider.
Extended vehicle warranty from Endurance is accredited by the Vehicle Protection Association and Better Business Bureau (BBB) with an A+ rating. Endurance provides 24-hour roadside assistance, 24/7 claims processing, and allows you to choose from multiple dealerships and 350,000 certified mechanics in the country and Canada. Since Endurance is a direct provider, it directly pays the repair shop for any damages, making the claim process hassle-free. The extended vehicle warranty covers parts, labor, and tax. Extended vehicle warranty from Endurance ranges from $350 to $700 per year with a $100 deductible, depending on the mileage, year, make, and model of your vehicle. Additionally, It offers coverage for models as far back as 1958 and up to 200,000 miles.
Carchex’s extended vehicle warranty is accredited by BBB with an A+ rating. Moreover, it has also received numerous awards for its efficient customer service. Carchex extended vehicle warranty includes 24/7 gas delivery, emergency roadside assistance, lost key or lockout service, trip-interruption, and more. Its warranty is valid in any licensed repair shops, auto dealers, and national chains. Customers don’t need to pay out of their pocket and wait for reimbursements as Carchex pays repair facilities directly. Extended vehicle warranty from Carchex is eligible for vehicles that have covered a range from 36,000 to 125,000 miles. Vehicles that have more miles or are older than 20 years are not included under the coverage. A standard five-year plan costs around $1,500 and requires no down payment.
Another one of the popular choices for extended vehicle warranty, Autopom maintains an A+ rating from BBB. It partners with four warranty providers— Financial Group, Enterprise Royal Administration, Mercury Insurance Group, and United Car Care. This gives you a choice of mileage caps and flexible payment terms ranging from three to eight years. Autopom also offers coverage for vehicle breakdowns. The quotes range between $1,500 and $4,000. However, you are required to pay a 10% down payment, which is higher than industry standards.
CarShield offers more than 30 extended vehicle warranty plans, offering coverage for almost any vehicle under 300,000 miles. This wide variety of plans for new, used, and pre-owned vehicles make it easy to qualify for an extended vehicle warranty from CarShield. Most warranties are monthly and can be transferred. CarShield pays claims directly to repair facilities, offering 24/7 roadside assistance. It also offers the flexibility to get your vehicle repaired at any dealer or ASE-licensed mechanic. CarShield pricing is typically under $100 a month.