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      January 25, 2020

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Best Auto Warranty Plans

An auto warranty is an agreement between the owner of the vehicle and a warranty company. The warranty company agrees to pay for repairs, identified in advance, during the specified warranty period. A warranty period is generally based on car mileage; anywhere from one thousand to several tens of thousands of miles. The longer the coverage, the higher the price of the auto warranty. Warranties are often purchased in lump sum amounts, but certain companies also offer monthly payment plans.

Auto warranties are generally considered a wise purchase, since the cost of car repairs can easily exceed thousands of dollars. However, that reasoning only holds true if the auto warranty covers the repairs needed. Auto warranty contracts have a lot of fine print. Understanding the scope of coverage is imperative to making a wise purchase. You also need to make sure the company offering the auto warranty is reputable - a warranty company that goes out of business will not be there to issue auto claim payments. Simply put, not every auto warranty is created equal.

Continue reading below reviews

Best Reviews


2020

Auto Warranty Reviews

5 stars
Carchex

CARCHEXTopConsumerReviews.com Best-In-Class Blue Ribbon Award

CARCHEX has a solid, comprehensive, easy-to-follow website that is full of helpful information. They are a highly rated company with many endorsements and positive consumer feedback. CARCHEX offers a strong array of service plans and is highly recommended.

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4.5 stars
Endurance

ENDURANCE

Endurance Warranty Services provides three different extended auto warranty plans. We liked their flexible premium payment schedule, 24-hour roadside assistance, and 30 day money back guarantee. They also have an A+ rating with the BBB.

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4 stars
Warranty Direct

WARRANTY DIRECT

Warranty Direct is a 30 year old company offering a long list of extended auto warranty plans to meet your needs. Rated highly by several independent agencies, customer service is a strong focus at Warranty Direct.

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3 stars
AA Auto Protection

AA AUTO PROTECTION

AA Auto Protection offers six extended warranty plans. They are a broker, thereby representing several companies that underwrite the warranties they sell. Their customer service representatives, while friendly enough, were not the most professional in speech and manner.

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Continued from above

Before agreeing to purchase an auto warranty, you need to be sure to consider the following items:

  • Repair Coverage. Will the auto warranty plan cover the costly repairs that may be needed?
  • Cost. How does the cost of one auto warranty company compare to the next? Are you getting what you're paying for?
  • Reputation. If and when you have an auto repair claim, will the auto warranty company stand behind you and your claim?

TopConsumerReviews.com has reviewed and ranked the best auto warranty plans available today. We hope you find these reviews helpful in finding the best auto warranty that fits your needs!

The Basics of Auto Warranties

Cars are expensive investments, whether you like to purchase new or pre-owned. In protecting that investment and to avoid future repair expenses on your car, you may want to consider purchasing an auto warranty.

Most new and some used cars are covered by some sort of warranty when purchased. For example, new cars are usually covered by a manufacturer's warranty. These warranties vary greatly and are limited in duration. They may cover a variety of repairs until either a time limit or mileage limit such as three years or 36,000 miles. Once you reach that time or mileage limit, the warranty will either totally expire or much of what it covers will be void.

Some manufacturers also offer various program warranties on specific used or pre-owned cars, usually called "certified used" or something similar, that extend the original manufacturer's warranty or parts of the warranty.

If you plan on keeping the car past the life of the manufacturer's warranty, you may want to consider purchasing an extended warranty. Extended warranties are insurance policies against expensive, unforeseen repairs. In essence, extended warranties are actually service contracts. They cover expenses incurred that your warranty doesn't cover.

Unlike manufacturer's warranties, extended warranties are purchased separately from your car. They can be purchased either through the original manufacturer or through a third-party, independent warranty company. In some cases, you'll receive offers to purchase extended warranties in the mail or over the phone from the manufacturer just as the original manufacturer's warrantee is expiring.

Extended warranties are all different. They each differ on what repairs are covered, how much is covered, duration of the coverage and cost of the warranty. Before purchasing any extended warranty, determine what is still covered on the warranty you possess, determine how long past the life of the warranty you'll keep the car, what you want covered and for how long.

When researching the details of the warranty you want to purchase, look for information on the policy's deductible, whether the policy is transferable if you sell the car and whether repairs can be done anywhere or only with specific shops. Also, look for specifics on what is covered and what is not. For instance, does the warranty cover breakdown of parts as well as wear and tear? A warranty that only covers breakdown requires the part to break before the warranty will pay to replace it. A wear and tear policy will cover parts that need to be replaced because they are too worn to work efficiently.

Purchasing an extended warranty can be a smart investment. Don't forget to research the warranty specification and the companies offering them online before making the purchase.

 

Man angry he missed window to claim $2,628 refund on 'money back' car warranty

TORONTO -- When an Ontario man bought a used car three years ago he was also pitched an extended warranty at the time. Dave Rowland said he was told it was a new kind of warranty and if he didn't make ...

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Call for Action team helps Mebane man with $4,000 in car repairs

We then contacted the owner of the dealership that sold Turner the car. While reviewing the contract and all the paperwork, we discovered Turner purchased a warranty on the car. It wasn't an extensive ...

Published:  Thu, 23 Jan 2020 20:55:00 GMT



San Diego Couple Runs Into a Dead End With Used Car Dealer

The manager there told Thomas to bring the car back in so he could fix the problem. As with all "buy here, pay here" dealerships where financing is provided, state law requires the dealerships to give ...

Published:  Thu, 23 Jan 2020 14:18:00 GMT



Looking to Buy a New or Used Car? Here are Some Tips from the Better Business Bureau

Both new and used car dealers can be excellent sources for finding a quality used vehicle. They provide you with carefully inspected vehicles and may include warranties. Check out your dealer's ...

Published:  Thu, 23 Jan 2020 03:26:00 GMT



Penn Warranty and Prime Auto Care Announce Leadership Transition

KINGSTON, Penn. - The Penn Warranty Corporation and Prime Auto Care Inc. (collectively, "Company" ) announced the addition of Brian Cosgrove to the Company's executive leadership team. Mr. Cosgrove ...

Published:  Tue, 21 Jan 2020 12:39:00 GMT



Auto Zone employee accused of stealing nearly $2,000 from Freeport store

FREEPORT (WREX) - An employee at an Auto Zone in Freeport is accused of stealing nearly $2,000 over a four month ... Police say Ennenga conducted fraudulent returns for warranties bought by previous ...

Published:  Tue, 21 Jan 2020 07:36:00 GMT



Q. How many years warranty in new car Tiago XZ petrol?

Q. I bought Tata Tiago XE petrol, it finds very difficult to climb hill type areas even on slopes it doesn't go well. When single driver it's fine. Whereas with passenger it doesn't. Any solutions ...

Published:  Tue, 21 Jan 2020 18:03:00 GMT



GLS sponsors first subprime auto ABS deal after DOJ probe dismissal

DOJ had issued subpoenas to GLS seeking documents and communications "relating to the underwriting criteria used to originate GLS' automobile loans and the representations and warranties relating to ...

Published:  Thu, 23 Jan 2020 19:33:00 GMT



You don't have to take your car to the dealer to save your warranty

"Too many people are misled, either intentionally or unintentionally, to believe that the (warranty) would be voided if they get repairs done at their favorite repair shop," Risalvato said. "Quite ...

Published:  Mon, 20 Jan 2020 18:17:00 GMT



How to choose the perfect car... for you

SADLY, THE PERFECT car will never exist despite the millions of dollars, yen, pounds or Euros lavished on developing, building, testing and refining today's amazing autos. Why? Because we all live ...

Published:  Thu, 23 Jan 2020 20:48:00 GMT



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