Consider the Warranty. In general, we don't recommend buying an extended warranty on a used car. Warranty companies are in business to make money, and they've usually done their homework. This means you'll likely spend more on the warranty than any repair costs your car may accrue during the period when the warranty is valid.
But one of the priciest products offered will likely be the extended warranty for the car itself. Extended warranties, also known as "service contracts," can provide peace of mind to some car buyers.
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Are extended warranties for cars worth it? Read the results of a Consumer Reports survey and learn what to do if you decide to buy a car extended warranty.
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When you buy a used car, it’s possible the original factory warranty will have already expired. If this is the case and you’re worried about having to pay unexpected maintenance and repair costs out-of-pocket, an extended vehicle protection plan can give you peace of mind.
The Best Extended Car Warranty Services of 2018 We spent more than 80 hours evaluating the top car extended warranty services to see which ones have the best and most affordable coverage options.
Buyers will almost always be offered an extended warranty of some kind. They go by a lot of names, including extended service contract, extended warranties, mechanical breakdown insurance, service agreements, and vehicle protection plans. Most promise to pay for unexpected repairs after the manufacturer’s warranty expires.
Best extended warranties for used cars Endurance Auto Warranty, CarChex and Protect My Car all offer extended auto warranty packages for high-mileage cars that include 24/7 roadside assistance.
The Best Overall Used Car Warranty Company. CARCHEX leads the competition with its extended warranty plans for several reasons: Our A+ customer service rating from the BBB places us among the best used car warranty companies in the market.; We’ve been endorsed by top industry-leading companies such as Edmunds, RepairPal, Thoroughly Reviewed, and CARFAX.