Warranty

How do you find a reputable company for an extended warranty on a used car?

How do you find a reputable company for an extended warranty on a used car?

Top Reputable Extended Car Warranty Companies

  1. Endurance: Best Coverage.
  2. CARCHEX: Best For Used Cars.
  3. Protect My Car: Best Maintenance Benefits.
  4. Autopom!: Best Claims Process.
  5. CarShield: Best Value.

  1. What is a fair price for an extended car warranty?
  2. How much is CarShield a month?
  3. Is CarShield worth getting?
  4. Under what circumstances would you buy an extended warranty?
  5. Can you buy extended warranty on used car after purchase?
  6. Can I buy extended warranty later?
  7. What is the dealer markup on extended warranty?
  8. Should I buy extra warranty on a used car?
  9. Is CarShield a ripoff?
  10. What is the maximum mileage CarShield will cover?
  11. What CarShield does not cover?
  12. Who is the president of CarShield?
  13. Is catalytic converter covered under CarShield?

What is a fair price for an extended car warranty?

What's The Average Extended Car Warranty Cost? Based on our research, the average extended car warranty cost is about $2,550, though it can range from $1,000 to $4,500 or more depending on the plan.

How much is CarShield a month?

The simple answer is that a CarShield plan costs $129.99 per month, on average. That being said, their very basic, no frills plan begins at $99.99 per month. Your cost will vary greatly depending on the age and mileage of your car, and other factors that are specific to you.

Is CarShield worth getting?

As our pick for Most Affordable third-party warranty provider, CarShield can be a good choice for drivers seeking low-cost coverage. The provider offers multiple coverage plans and month-to-month contracts, but buying any protection plan carries the risk of paying for services you may not need.

Under what circumstances would you buy an extended warranty?

If you keep or lease your car for less than the length of your factory coverage, you do not — repeat, do not — need an extended warranty. If you plan on keeping your car until the wheels fall off, you might consider buying an extended warranty to cover repairs in the car's fifth and sixth year or longer.

Can you buy extended warranty on used car after purchase?

It's possible to purchase an extended warranty after the original one is done, but the costs might outweigh the benefits—consider how much you anticipate spending on routine maintenance and repairs, and compare those costs with the price of extending your OEM (or manufacturer) warranty.

Can I buy extended warranty later?

You can purchase an extended auto warranty at any time, although waiting until the original factory coverage has expired will generally mean paying a higher premium rate. The most advantageous time for purchase may be near the end of the original warranty term.

What is the dealer markup on extended warranty?

Each warranty plan a dealership sells can add up to $2,000 per purchase to its bottom line. The average dealer generally makes up to half of the selling price of an extended warranty. For example, if you purchase an extended warranty for $2,000, the dealer may make a profit of up to $1,000.

Should I buy extra warranty on a used car?

In general, we don't recommend buying an extended warranty on a used car. ... This means you'll likely spend more on the extended warranty — $3,000 or more, in some cases — than any repair costs your car may accrue during the period when the warranty stays valid.

Is CarShield a ripoff?

No, CarShield is not a scam or a rip-off, but it is a below-average company. CarShield is a legitimate company that has been providing vehicle service contracts for over 16 years and has earned a 4/5 rating from the consumer review on WalletHub, yet it has a history of complaints reported to the Better Business Bureau.

What is the maximum mileage CarShield will cover?

Does CarShield have a mileage limit? CarShield can cover vehicles for up to 300,000 miles. This is more than many other third-party providers, and it makes CarShield a good option for cars with over 100K miles.

What CarShield does not cover?

CarShield is one of the most popular warranty companies in the industry. Does CarShield cover brakes? CarShield plans cover parts in the brake system, but they don't cover brake pads, shoes, or rotors. CarShield covers parts such as the master cylinder, power assist booster, and actuators.

Who is the president of CarShield?

Mark Travis serves as the CEO / President of CarShield.

Is catalytic converter covered under CarShield?

Notes: Strangely enough, American Auto Shield (who's contracts are sold by Carshield) does not include the catalytic converter in its additional emissions coverage add on, even though it includes other emissions systems like the EGR and oxygen sensor.

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