A used car warranty is an extended warranty that drivers can purchase to cover repairs to the major mechanical components of a used vehicle, such as the engine and transmission. The best used car warranty companies are Carchex, Toco Warranty, and autopom!, based on WalletHub’s analysis of 11 major providers.
What is the typical warranty on a used car?
Once you look over what’s covered, along with other details like the expiration date/mileage, you can reach out to the manufacturer to verify it’s accurate. A car manufacturer’s warranty often covers a vehicle’s first three years or 36,000 miles, though powertrain warranties may last longer.
Which manufacturer has the best used car warranty?
9 Best Used Car Warranty Companies
|Best Used Car Warranty Companies||Award|
|#1 CARCHEX||Best For Used Cars||Get Quote|
|#2 Endurance||Best Coverage||Get Quote|
|#3 CarShield||Best Value||Get Quote|
|#4 Protect My Car||Best Maintenance Benefits||Get Quote|
What is a fair price for an extended car warranty?
Typically the average cost of an extended car warranty would be around the range of $1,800 with a good quality package and after-sales service. But when you divide that price up into affordably low monthly payments, protection for your vehicle ends up costing a whole lot less than your cable bill.
Can you return a used car if it has problems?
(That designation, which is applied to a vehicle that continues to have a defect or defects that substantially impair its use, value, or safety, legally entitles its owner to a refund or “comparable replacement vehicle.”) In situations where there is a clear problem with a new or newly purchased used car, the dealer …
How much will a dealer come down on a used car?
According to iSeeCars.com, used car dealers cut the price on the average vehicle between one and six times over that 31.5 day listing period. The first price drop is significant — the firm says that the price drops, on average, by 5% the first time the dealer rips the old sticker off the car and pops a new on.
What are my rights to return a used car?
If you’ve bought a used car that turns out to be faulty, then you are covered by the Consumer Rights Act 2015. This means that you are entitled to a full refund if you take the car back to the dealer within 30 days of purchase if you can prove that the fault was already there when you purchased the car.
Does AAA offer extended warranties?
Avoid unexpected, costly repairs on your new or pre-owned vehicle with an extended warranty from AAA. Our cost-effective plan options extend coverage to virtually all mechanical and electrical components after your original warranty expires. AAA Vehicle Protection Program Warranties are competitively priced.
Who is the best car warranty company?
What Are the Best Car Warranty Companies of 2021?
- Best for High-Mileage Vehicles: Endurance.
- Best for Customer Support: Concord Auto Protect.
- Best for Warranty Plan Options: Carchex.
- Best for Complete Vehicle Coverage on All Plans: ProtectMyCar.com.
- Best Online Warranty Marketplace: Platinum Auto Warranty.
Why do I keep getting calls about car warranty?
If you own a vehicle and a phone, you may receive calls from scammers posing as representatives of a car dealer, manufacturer or insurer telling you that your auto warranty or insurance is about to expire. The call will include some sort of pitch for renewing your warranty or policy.
How much does CarShield cost per month?
According to CarShield, the most basic plans start at $99 per month, with the option to pay up-front or over time. The longest payment arrangement is two years, during which time the warranty covers your car.
Can you buy a car warranty at any time?
It is important to note that you have the option to purchase this auto warranty any time before the manufacturer warranty expires. You can even purchase an extended warranty after the manufacturer warranty expires, although the price will go up considerably.