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Last Updated: December 25, 2022
Many prefer signing up for a used car warranty after buying an old vehicle. Used car warranties provide car owners with peace of mind and help them to offset expensive repair bills. However, since not all of the vehicle extended warranties offer a solid value, you have to go with the one that fits well to your needs and budget.
Finding the right used car extended warranty company becomes challenging with various contract options and providers. If you're interested in purchasing an extended warranty, this article is exclusively for you. This article will review some of the best-used car extended warranty companies. Our unbiased and informative analysis will help you make the wisest decision about investing in extended warranties for used cars.
After thorough research, we have picked the seven best-extended warranty companies for used cars. Our team has used customer services, transparency, cost, coverage plans, and industry standing parameters to aggregate the below-listed used car warranty companies. Let's go over each one of our top pics below.
Endurance is the best car warranty company for used cars. This extended warranty company has been in the market since 2006. As a result, Endurance has gained massive penetration for being the only direct warranty provider in the industry. It also has a 4.1-star rating out of 5 on Trustpilot. Above this, the company holds a place on the 2019 and—5000, the most prestigious ranking of the fastest-growing companies nationwide.
Endurance Auto Warranty is our top recommendation for used car warranties due to its best coverage and comprehensive plans. The company offers six different coverage plans which can cover 200,000 miles.
Supreme:
It is a bumper-to-bumper exclusionary warranty plan that covers most components of your vehicle.
Superior:
This plan offers stated-component coverage for hundreds of your car's parts.
Secure Plus:
An enhanced warranty plan covers your car's braking system, electrical, and steering.
Secure:
It is one of the basic warranty plans that offer basic powertrain coverage.
Select Premier:
Select Premier is an ideal plan for vehicles with high mileage.
Endurance Advantage:
This exclusionary plan covers all the maintenance and mechanical breakdowns, including engine diagnostics and oil changes.
Apart from extensive coverage plans, Endurance also offers some additional perks, which are;
Pros
CARCHEX is an ideal extended warranty company for used cars. The company has received an A+ rating from Better Business Bureau (BBB). CARCHEX has been in the industry since 1999 and is known for its comprehensive coverage and strong reputation. It also partners with several industry experts, such as Kelley Blue Book and Edmunds.com.
CARCHEX Auto Warranty works with highly reputable administrators, including American Auto Shield. The company has a robust industrial reputation and offers five extended warranty plans, which are:
Titanium:
This plan is comparable with the vehicle’s original warranty. It covers almost all the components of your car.
Platinum:
The platinum warranty plan provides the highest level of stated-component coverage..
Silver:
It provides coverage for all the major systems of your vehicle. The silver warranty plan is ideal for cars with 60,000 millages.
Gold:
It is an enhanced powertrain coverage that covers all the major components of your car’s powertrain.
Bronze:
This plan provides basic powertrain coverage for vehicles with high mileage.
All the warranty plans of CARCHEX come with some additional benefits, such as:
Pros
Cons
The comprehensive coverage plans and lower prices of CarShield extended warranty company help it excel from the competitors. This warranty company claims it has covered more than a million vehicles of different types. It also has a 4-star rating out of 5 on Trustpilot from more than 32,000 reviewers. CarShield is the only warranty provider that offers exclusionary coverage for high-tech vehicles, ATVs, and motorcycles.
CarShield Auto Warranty offer six different warranty plans to cater to the needs of every car owner:
Aluminum:
This plan is designed explicitly for high-tech vehicles.
Silver:
It provides basic powertrain coverage for the car's engine, drivetrain, and transmission.
Gold:
It is a mid-level plan that covers all your vehicle's essential systems.
Platinum:
Platinum is a stated-component plan that covers all the costlier components of your car, including air conditioning, transmission, electrical system, and engine.
Diamond:
It is a bumper-to-bumper warranty plan offering comprehensive car components coverage.
Pros
Cons
Olive.com is a brand-new online car warranty platform, but Olive and its affiliates have been in the business market for more than 12 years. Olive started its journey by offering mechanical breakdown insurance in California and then expanded to providing an extended olive warranty in the country's different states. It also has a 4.7 star out of 5 rating from reviews on Google and A+ ratings from the Better Business Bureau (BBB).
Depending on your needs and budget, you can get choose any of the following
Olive Auto Warranty plans:
Powertrain:
Olive's powertrain plan covers your car's most expensive parts, including lubricated transmission and engine parts.
Powertrain Plus:
Powertrain Plus covers more than just your car's main and expensive parts. It includes the coverage of your car's power steering, AC, brakes, and front suspension.
Complete Care:
Olive's complete care plan covers almost every part of your car. It is one of the most comprehensive plans offered by Olive, but it does not provide coverage for tires and windshield wipers.
Pros
Cons
Autopom! is another excellent recommendation for used car extended warranties. The company is famous for its exclusive coverage comparable to the car's original warranty. Founded in 2009, Autopom! is one of the providers that offer affordable warranty plans for used vehicles.
Autopom! Auto Warranty has four different coverage levels with 19 other plans. Each warranty plan covers the following:
Powertrain Plus:
This plan covers your car's powertrain, including the drivetrain, transmission, and engine.
Mid-Level:
The mid-level warranty plan covers your vehicle's powertrain and some additional components, such as the cooling system and braking suspension.
High-Level:
High-level is a stated-component plan that covers the major parts of your cars, including the drivetrain, drive axle, engine, and transmission.
Exclusionary:
This plan offers bumper-to-bumper coverage for cars. Within the exclusionary plan, you have six contracts to choose from.
All the Autopom! warranty plans come with some additional features, such as:
Pros
Cons
Founded in 2012, ForeverCar is an ideal option for drivers looking for an extended car warranty for their used cars without a long-term commitment. It lets car owners build their term length and coverage as needed. With a solid
A+ rating from Better Business Bureau (BBB) and numerous positive reviews on Google and Trustpilot, ForeverCar is one of the legit and reputable used car extended warranty companies.
ForeverCar Auto Warranty offers four different warranty plans that include the following:
Silver Plan:
The silver plan is the most basic warranty plan offered by ForeverCar that covers the powertrain plus suspension and steering.
Gold:
The mid-level warranty plan covers significant systems, including high-tech parts.
Platinum:
Platinum offers comprehensive coverage for electrical and mechanical breakdowns.
Platinum Plus:
This plan delivers comprehensive coverage plus coverage for items that can experience normal wear and tear, such as headlights and brake pads.
Pros
Cons
Owners of used cars are likely to spend more than $1,000 on auto repair bills. To avoid this financial burden, you can get extended warranties from a reputable and reliable warranty provider for your used cars. Based on our research, we have reviewed six used car warranty companies. You can get quotes from these companies to find the best coverage at the best rates.
Our expert review team is committed to providing honest and objective information. Based on consumer data, we identified the following rating categories and did extensive research to determine the top extended auto warranty providers.
Steven Dillon
Author
Steven is the founder and product tested for The Car Data, that has extensive knowledge in automotive industry. While most of his free time he participates in typical "car guy" activities, his passion for cars, data analytics, and tech, always has his looking for the next cool tool, software, trend, etc. to share with his audience on The Car Data or on his Instagram.
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