Can you buy extended warranties for used cars?

Can you buy extended warranties for used cars?

An extended warranty can also be called a service agreement, maintenance agreement or service contract. An extended warranty may be sold at the dealership when buying a used car or post purchase as an aftermarket offering. Extended warranties are often paid up front or financed along with your vehicle’s purchase.

Who has best used car warranty?

9 Best Used Car Warranty Companies

Best Used Car Warranty Companies Award Customer Service Grade
#1 CARCHEX Best For Used Cars 4.5 / 5.0
#2 Endurance Best Coverage 4.5 / 5.0
#3 CarShield Best Value 4.0 / 5.0
#4 Protect My Car Best Maintenance Benefits 4.0 / 5.0

How much is CarShield per year?

CarShield Cost Reviews With quotes as low as $80 and plans starting at $99, CarShield provides the most affordable extended warranties on the market. With that said, there are better providers in terms of claims process, customer service etc.

Should I buy an extended warranty on an used car?

In general, we don’t recommend buying an extended warranty on a used car. Warranty companies are in business to make money, and they’ve usually done their homework. This means you’ll likely spend more on the warranty than any repair costs your car may accrue during the period when the warranty is valid.

Can I get an extended warranty for an used car?

An extended warranty on a used car is basically an insurance policy or service contract against future repair bills. It is often possible to purchase one from the dealer when you buy the car, or if you decide to purchase one directly there are plenty of extended warranty companies out there.

When to buy an extended car warranty?

A new car owner can wait until just before a warranty expires — at 12,000 miles or two years, for example. ProtectCELL, which sells protection plans for tablets and phones, allows new customers to buy a warranty within 30 days to a year of getting their device.

Is an extended car warranty worth the extra money?

An extended car warranty can pay for itself in one use if a major breakdown is covered by your policy. If you’re worried about a catastrophic malfunction or the expense required to fix it, an extended warranty may be worth the cost. Offsetting the cost of major repairs is the core benefit of an extended auto warranty.

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