The 6 Best Used Car Warranty Companies (July 2022)

• Extended auto warranties are a option to offset restore prices and supply peace of thoughts.
• With so many suppliers and contract choices, it’s onerous to know what to look in a used automotive guarantee firm.
• Read our buying ideas, then see our high six used automotive guarantee picks, together with our best choice, Endurance.

Affiliate disclosure: Automoblog and its companions could also be compensated if you buy the merchandise on this article.

After shopping for a used car, many individuals look to a used automotive guarantee to assist them handle and put together for the inevitable restore prices. While a superb guarantee on the proper worth may also help you keep away from costly restore payments, not all of them provide a strong worth. That’s why our group took an in-depth have a look at prolonged auto guarantee suppliers that provide plans for used vehicles.

After evaluating six of the highest used automotive guarantee firms, we’ll stroll you thru the ins and outs of selecting the finest prolonged automotive guarantee for a used automotive so that you’ll make the proper determination in your pockets. However, we all the time suggest requesting a free quote from a number of suppliers and evaluating them to see who gives the very best charges and finest protection in your wants.

How Much Does an Extended Warranty Cost?

Based on our analysis, the common worth of an exclusionary auto guarantee is round $2,400. That may vary from about $100 to $200 monthly, relying in your fee plan and if the supplier requires a down fee. 

Used Car Warranty Cost Estimates

Our analysis group obtained quotes from every guarantee firm for a 2018 Toyota Camry with 30,000 miles. Here are the costs we noticed:

*This quote for Olive is predicated on a 2017 Toyota Camry with 50,000 miles on it, so the precise guarantee price might be barely decrease than the value you see right here.

All of the warranties we obtained quotes for had deductibles of $100. 

What Factors Affect Warranty Costs?

Pricing of prolonged auto warranties varies from buyer to buyer for a wide range of causes. Here are some issues guarantee suppliers think about when crafting a guaranty quote:

• The car make and mannequin
• The situation of the car
• The degree of protection 
• The deductible quantity 
• Your location (some warranties will not be out there in each state)

The Top 6 Used Car Warranty Companies

After conducting our analysis, our group picked the suppliers listed within the desk beneath as the very best used automotive guarantee firms for 2022.

#1 Endurance: Best Overall

Years in Business: 15
Better Business Bureau (BBB) Rating: C (not BBB accredited)
Affordability: Endurance claims to save lots of you as much as 60 % greater than brokers.
Featured Plan: The EnduranceBenefit plan is finest for used autos and high-mileage autos. It can cowl autos for over 200,000 miles.

Endurance Pros & Cons

Endurance has been in enterprise for over 15 years and is understood for being one of many solely direct guarantee suppliers within the trade. The firm additionally has many complete protection choices and lots of optimistic evaluations on the Better Business Bureau (BBB) and Trustpilot, which is why we gave Endurance the Best Overall award in our greatest prolonged automotive guarantee overview. 

Endurance Warranty Plans

Endurance at present gives six automotive guarantee plans for drivers, which might cowl 200,000 miles or extra: 

• Supreme: This exclusionary bumper-to-bumper guarantee supplies most safety in your car with solely a shortlist of exclusions. 
• Superior: This car safety plan gives the best degree of said element protection. 
• Secure Plus: This plan gives drivers premium powertrain plus safety and a brief wait interval.
• Select Premier: This plan is designed particularly for high-mileage autos and protects probably the most important elements of the car. 
• Secure: This most inexpensive car service contract gives primary powertrain protection. 
• EnduranceBenefit: This plan gives in depth element and upkeep protection. 

Endurance Benefits

Every Endurance auto guarantee comes with roadside help, rental automotive reimbursement, and journey interruption protection. Drivers can even obtain one free yr of Endurance Elite Benefits. Some of this system’s perks embrace: 

• Tire restore or alternative
• Key fob restore or alternative
• Total loss safety 
• Collision low cost 

You can learn extra concerning the supplier in our Endurance guarantee overview.

#2 CARCHEX: Best for Used Cars

Years in Business: 22
BBB Rating: A+ (BBB accredited since 2009)
Number of Plans: 5 ranges (21 out there contracts from suppliers)
Affordability: Monthly fee plans and $0 deductibles out there
Featured Plan: The Platinum and Gold plans are finest for high-mileage vehicles.

CARCHEX Pros & Cons

Among used automotive guarantee firms, CARCHEX has top-of-the-line reputations within the trade. The firm has an A+ ranking from the BBB and is backed by a number of trade consultants, together with CARFAX, Kelley Blue Book, and Edmunds.com. CARCHEX gives 5 car service contracts with protection as much as 250,000 miles. 

CARCHEX Warranty Plans

Here’s an summary of the plans CARCHEX gives: 

• Titanium: This exclusionary plan is just like a producer’s guarantee and covers all methods and elements of your car, aside from a couple of elements. 
• Platinum: This car service contract gives the best degree of stated-component protection. 
• Gold: This car safety plan is for autos over 60,000 miles and supplies complete powertrain protection. 
• Silver: The plan gives important protection to main methods of your car.
• Bronze: This car service contract supplies primary powertrain protection to your engine and transmission. 

CARCHEX Benefits

All CARCHEX plans include 24/7 roadside help, towing, rental automotive reimbursement, and journey interruption protection. 

Read extra concerning the third-party supplier in our CARCHEX overview.

#3 Protect My Car: Best Maintenance Benefits

Years in Business: 16
BBB Rating: A+ (not BBB accredited)
Number of Plans: Three plans, in addition to the Ambassador Maintenance Plans
Affordability: Flexible fee phrases make month-to-month funds inexpensive, and deductibles are $100.
Featured Plan: The Supreme car service contract is probably the most complete, providing non-compulsory protection for navigation methods.

Protect My Car Pros & Cons

Protect My Car is exclusive amongst used automotive guarantee firms as a result of it gives conventional guarantee protection and upkeep plans. The firm has been in enterprise for 16 years and gives prolonged warranties in each state besides Alaska, California, Hawaii, Missouri, Oklahoma, and Washington. 

Protect My Car Warranty Plans

Protect My Car gives three car service contracts that may defend your car as much as 125,000 miles. Here’s a breakdown of the plans: 

• Supreme: This car safety plan is just like a producer’s guarantee and covers most main elements of the car. 
• Select: This coverage was designed particularly for autos with over 50,000 miles and covers many of the identical elements because the Supreme plan, excluding the turbocharger and navigation methods. 
• Driveline: This plan supplies safety for autos which are 4 to 10 years of age with greater than 80,000 miles. 

The car service supplier additionally gives three upkeep plans: Ambassador Elite, Ambassador Pro, and Ambassador Platinum. These contracts cowl most autos, no matter age or mileage. 

Protect My Car Benefits

All Protect My Car plans include free oil modifications and tire rotations that final during the contract. 

You can be taught extra concerning the guarantee supplier in our Protect My Car overview. 

#4 CarDefend: Most Affordable

Years in Business: 16
BBB Rating: F (not BBB accredited)
Number of Plans: Six protection ranges and 19 plans (together with bike and ATV protection)
Affordability: Month-to-month plans and $0 deductibles out there
Featured Plan: The Diamond plan is the corporate’s hottest as a result of it’s similar to a producer’s guarantee.

CarDefend Pros & Cons

CarDefend stands out from many rivals on account of its low costs and complete protection. The firm says it has lined greater than 1,000,000 autos and that its directors have paid out over $1 billion in claims throughout its 16 years in enterprise. 

CarDefend Warranty Plans

CarDefend gives six complete protection plans that may be paid in month-to-month installments. Here’s an summary of every plan: 

• Diamond: This car service contract covers all the things from engine and transmission failure to starter and gasoline pump breakdowns. 
• Platinum: This plan is designed for high-mileage autos and protects your car’s engine, transmission, air con, electrical system, starter, water pump, and gasoline pump. 
• Gold: This car safety plan covers main and minor car elements, together with your engine, transmission, water pump, alternator, and starter. 
• Silver: This inexpensive plan choice supplies powertrain protection to your car. 
• Aluminum: This car service contract is geared towards masking {most electrical} and computer-related issues. 
• Motorcycle & ATV: This plan is designed to offer safety for specialty autos. 

CarDefend Benefits

CarDefend plans include 24-hour roadside help, courtesy towing for breakdowns, and rental automotive reimbursement. 

Find out extra concerning the third-party guarantee supplier in our CarDefend overview. 

#5 autopom!: Best Customer Service

Years in Business: 11
BBB Rating: A+ (BBB accredited)
Number of Plans: Four protection ranges with 19 plans out there
Affordability: After your preliminary down fee, you have got as much as two years to pay the remaining steadiness.
Featured Plans: Exclusionary Plans are similar to producers’ unique warranties. Some of those guarantee choices are technically mechanical breakdown insurance coverage for patrons in Idaho, Oregon, and California.

autopom! Pros & Cons

autopom! differentiates itself from different prolonged automotive guarantee firms by working with A-rated insurers and directors. The firm works with third events to offer prolonged guarantee plans in all 50 states. 

autopom! Warranty Plans

autopom! gives 19 car service contracts that may be categorized into 4 ranges. Coverage is obtainable as much as a most of seven years or 150,000 miles. Here’s what’s lined below every plan degree: 

• Exclusionary: Exclusionary plans provide bumper to bumper safety in your car. There are at present six contracts to select from inside this degree of protection. 
• High-Level: These said element plans present protection for a car’s main car methods, together with the engine, transmission, and drivetrain. There are 5 contracts out there inside this protection degree. 
• Mid-level: These plans present complete powertrain protection along with the braking suspension and cooling methods. There are three contracts to select from on this protection degree. 
• Powertrain Plus Plan: These plans cowl your car’s powertrain, together with the engine, transmission, and drive axle. There are three contracts out there.

automom! Benefits

In addition to those plan choices, autopom! additionally gives a number of advantages to drivers who buy a plan. These embrace journey interruption reimbursement, rental automotive help, and 24-hour roadside help. 

Read our in-depth autopom! overview to seek out out extra concerning the firm. 

#6 Olive: Best Online Warranty

Years in Business: Three (Founded 2019)
BBB Rating: A+ (BBB Accredited)
Number of Plans: Three protection ranges
Affordability: Affordable, based mostly on a subscription mannequin that permits you to simply begin and cancel protection
Featured Plan: Complete Care gives probably the most complete protection, with exclusionary protection that rivals many manufacturing facility warranties.

Olive Pros & Cons

Olive is the latest entry into the used automotive guarantee market on this checklist, having simply began promoting protection earlier this yr. But already, the Chicago-based on-line guarantee supplier has made a reputation for itself among the many finest used automotive guarantee suppliers—each for its high quality service and distinctive subscription-based enterprise mannequin.

Rather than a multi-year plan, Olive permits customers to join month-to-month protection that works through subscription, very like Netflix or your cell phone service. This permits drivers to begin and cancel plans simply utilizing a handy on-line platform.

But based mostly on the corporate’s trade fame and on-line evaluations, Olive isn’t only a novelty act. The firm is accredited by the BBB and holds an A+ ranking from the group. Warranty plans offered by Olive are underwritten by QBE, a well-established firm with an A monetary power ranking from AM Best.

Olive Warranty Plans

Here are the three ranges of protection you may get with Olive:

• Complete Care: Exclusionary protection in your car. With only a few exclusions, Olive’s top-shelf prolonged guarantee plan compares to many manufacturing facility warranties.
• Powertrain Plus: Very complete stated-component protection. This plan covers the identical main methods because the powertrain plan together with many further said elements, such because the gasoline pump.
• Powertrain: Powertrain-only protection. Olive’s least costly plan nonetheless covers probably the most very important elements of your engine and drive practice.

Finding the Best Used Car Warranty Company

There are three kinds of automotive warranties you’ll come throughout in your search.

Dealer Warranty

The worst-case state of affairs when shopping for a used automotive is that it doesn’t even make it by the drive dwelling. One of probably the most primary kinds of automotive warranties is the one offered by the dealership. These plans often cowl restricted car repairs, and protection ends inside a couple of months of the acquisition or at a sure mileage.

Manufacturer’s Warranty

A producer’s guarantee or manufacturing facility guarantee comes at no further price with the acquisition of a brand new car. This new automotive guarantee covers auto repairs and replacements on account of defective manufacturing facility supplies or workmanship.

Be conscious that whereas the degrees of protection are complete, these warranties are usually costlier than warranties from third events.

Manufacturer Extended Warranty

Some producers do have high quality protection choices with regards to used automotive warranties, particularly for licensed pre-owned autos. Programs like HondaCare from Honda have a tendency to supply good protection an affordable worth.

However, If you buy an prolonged guarantee from the producer, chances are high you’ll additionally should take the car to a dealership for lined repairs.

Third-Party Used Car Warranty

This kind of prolonged auto guarantee could be administered by a dealer or an organization that immediately handles automotive repairs. A dealer is an middleman that can make it easier to select a service plan usually backed by a automotive insurance coverage firm.

Because unbiased prolonged used automotive guarantee firms will not be extremely regulated, their reliability varies. Some third-party suppliers have the monetary accountability to fulfill claims and others don’t. Different states have totally different rules. Always verify the BBB for scores and buyer complaints.

The greatest benefit of a third-party prolonged automotive guarantee is flexibility and accessibility. Most third-party suppliers can help you have repairs completed at any licensed mechanic, making it a lot simpler to make use of your protection and work with a mechanic you belief.

Types of Used Car Warranties

Extended automotive guarantee firms provide a wide range of protection plans, however there are a number of essential classes of car service contracts.

Powertrain Warranty

This guarantee, also referred to as a drivetrain guarantee, covers the engine, transmission, and associated elements. Powertrain warranties are usually cheaper, as they don’t embrace electrical methods, braking methods, heating/cooling, and so on. They are likely to final 5 years or 60,000 miles on common.

Powertrain Plus Warranty

This frequent kind of plan contains powertrain protection and extra elements, resembling air con, electrical elements, and gasoline supply methods. These stated-component plans provide broad safety for a lot of listed elements however don’t provide the identical degree of protection as exclusionary warranties.

Bumper-to-Bumper Warranty

Sometimes referred to as exclusionary plans, a bumper-to-bumper guarantee comes with a brief checklist of elements which are not lined, quite than an inventory of things which are. Bumper-to-bumper protection is the closest to the great protection manufacturing facility guarantee plans supplied by many producers. Though costlier, this safety could be the distinction between a small deductible and a expensive restore.

What to Look For In A Used Car Warranty

An excellent guarantee plan for a used automotive could have most, if not all, of the next qualities:

• Useful advantages: Roadside help and associated companies are included in most prolonged guarantee plans. Make positive these perks are a part of your contract.
• Direct pay coverage: Find a service contract that pays restore payments upfront quite than reimbursing you later. Reimbursement may take months in some circumstances.
• Large restore store community: Some prolonged automotive guarantee firms don’t can help you select your individual restore facility. An excellent third-party guarantee will let you have got your automotive repaired at any ASE-certified mechanic you select.
• Low deductibles: If a deductible is required for every restore, your restore ought to price greater than the deductible.
• Strong trade evaluations: Search an organization’s BBB ranking to gauge trustworthiness or see frequent buyer evaluations.
• Few and affordable limitations: Is there a mileage restrict or ready interval on the contract? Some firms present protection for high-mileage autos – safety your used car most likely requires.
• Reliable underwriters: Service contracts underwritten by insurance coverage firms are extra dependable, so persist with these. Insurance rules require firms to keep up sufficient monetary reserves to pay its claims.

These are all vital components to think about throughout your analysis. Don’t enable worth to be your solely driving issue when shopping for an prolonged auto guarantee.

Extended Warranty Fine Print to Watch Out For

Always learn the fantastic print in a contract earlier than making a call so that you don’t fall sufferer to sure limitations. Vehicle service contracts typically have the next exclusions and limitations:

• Mileage limits
• Commercial autos
• Limited decisions for native restore outlets
• Items resembling brake pads, tires, wiper blades, and so on.
• Ineligibility for automotive homeowners who fail to carry out routine upkeep
• Repairs on account of regular put on and tear (covers solely a mechanical breakdown) or pre-existing situations

What to Avoid When Buying an Extended Warranty for Your Used Car

Just as there are numerous options to search for in a service contract, there are additionally pink flags to keep away from. It could be expensive to succumb to the strain of shopping for a used automotive prolonged guarantee instantly.

Avoid these warning indicators and downsides:

• Non-transferable warranties
• Sample contracts that aren’t available
• Pressure to purchase protection instantly over the telephone
• Contracts that don’t explicitly clarify the declare course of
• Providers that appear like a rip-off and shouldn’t have on-line evaluations
• No selection of restore facility or excessive limits when away from dwelling
• Contracts that don’t enable cancellations or a typical 30-day money-back assure
• Lack of roadside help, rental reimbursement, journey interruption service, or towing reimbursement advantages
• Deceitful protection (e.g. one thing that claims the plan covers the engine but excludes many of the engine’s internally lubricated objects)

Remember, a very powerful factor you are able to do is learn the whole contract, fantastic print included.

Is A Used Car Warranty Worth It?

Owners of older vehicles are twice as more likely to spend greater than $1,000 on upkeep and auto repairs, in response to the NPD group. In 2017, Growing Industry Analysts, Inc. discovered that vehicles – together with older model-year autos – are lasting longer, and the worldwide aftermarket trade is projected to develop to $1 trillion by 2022.

A used automotive guarantee is probably not your best option for everybody, however it will possibly actually be value it in plenty of methods:

• Financial worth: While it’s true it’s possible you’ll spend extra on a guaranty than you’ll on repairs, there’s no manner of figuring out that. And the other could possibly be true. A blown transmission, for instance, can price way over the common prolonged guarantee to repair.
• Predictability: When you purchase a used automotive guarantee, you’re making common funds to keep away from shock restore payments, a few of which might climb into the 1000’s. Having a used automotive guarantee may also help you intend your funds and get peace of thoughts round auto bills.
• Cost protection: Having a guaranty in your used automotive may make it easier to keep away from a dire monetary state of affairs during which your automotive wants repairs that you may’t afford. While it’s possible you’ll not all the time have the ability to give you a couple of thousand {dollars} out of pocket if you want it, a month-to-month fee is perhaps extra manageable.

Our Verdict: Endurance Is Best Overall For Used Car Warranties

Based on our analysis, these firms present the very best mixture of price, protection, and repair for used automotive warranties:

• #1 Endurance: Best Overall
• #2 CARCHEX: Best for Used Cars
• #3 Protect My Car: Best Maintenance Benefits
• #4 CarDefend: Most Affordable
• #5 autopom!: Best Customer Service
• #6 Olive: Best Online Warranty

While Endurance is our selection for the very best total used automotive guarantee supplier, we encourage you to think about the opposite automotive guarantee suppliers and to get quotes so you may simply examine them. Some suppliers might be able to present higher protection at a greater worth, relying on the age, make, and mannequin of your automotive. For some useful data, take a look at our Endurance vs. CARCHEX, CARCHEX vs. CarDefend, and CarDefend vs. Endurance guarantee evaluations.

If you wish to be taught extra, be happy to learn our article on prolonged warranties for vehicles over 100k miles, the place we check out guarantee suppliers for vehicles with excessive mileage.

FAQ: Used Car Warranty

Our Methodology

Our skilled overview group takes satisfaction in offering correct and unbiased data. We recognized the next ranking classes based mostly on client survey information and carried out in depth analysis to formulate rankings of the very best prolonged auto guarantee suppliers.

• Affordability: A wide range of components affect price, so it may be tough to check quotes between suppliers. Our group performs ongoing secret shopper analyses for various autos, mileages, guarantee plans, and places to offer this ranking.
• Coverage: Because every client has distinctive wants, it’s important {that a} automotive guarantee firm gives an array of protection choices. We consider the variety of plans supplied by every supplier, time period limits, exclusions, and extra advantages.
• Industry Standing: Our group considers Better Business Bureau (BBB) scores, availability, and years in enterprise when giving this rating.
• Customer Service: Reputable prolonged automotive guarantee firms function with a sure diploma of take care of shoppers. We consider buyer evaluations, BBB complaints, and the responsiveness of the customer support group.