Top 5 Companies That Are Providing Used Car Warranty
Are you looking forward to purchasing a used car? Do you seek to find the best company to provide you with the best car warranty? Then, you’re in the right place. A used car warranty offers replacements and repairs for several parts until a certain mileage is reached. It, therefore, protects your car by compensating for sudden repairs if it fails or breaks down. In addition, these companies balance repair charges providing you with peace of mind.
However, companies that offer used car warranties are many, but not all provide genuine value. Therefore, it’s quite a hassle to find the best warranty provider. This article will take a keen look at some of the best companies that offer used car warranties.
Endurance Used Car Warranty
Endurance has been active in the industry for over 15 years. It stands out for its benefits for already used cars and has several comprehensive coverage choices. In addition, it gets constructive reviews and a C rating on BBB (Better Business Bureau) which makes it our best and top pick among other service providers in this industry.
Pros
- Endurance has no brokers or middlemen; they provide direct services.
- It has an app that assists you in managing your comprehensive coverage and maintaining records. The app also helps one stay on the best repairs.
- Endurance provides a free Elite Membership for a whole year.
- It has an excellent rating on BBB and Trustpilot.
- Provides a guarantee of a 30-day money-back
Cons
- Replacements and repairs resulting from weather, accidents, wear and tear or neglects are not covered by Endurance.
- Has scarcer pricing options.
- Endurance has no mechanics in California.
- Total loss protection is only for the first year.
What Warranty Coverage Options Does Endurance Have?
Here is a summary of endurance coverage plans:
- Secure Plus
It covers braking systems, powertrain, steering, and electrical systems. It provides the shortest wait time of 30 days.
- Supreme
The bumper-to-bumper option covers most parts of the vehicle and is the most expensive plan.
- Secure
It’s the most basic and cheap warranty covering the powertrain, transmission, and engine.
- Superior
This has limited coverage of vehicle components, and it’s the highest coverage plan covering parts like gaskets and seals.
- Select premier
This option covers the cooling system, fuel-delivery components, and powertrain components.
- Endurance advantage
It covers all maintenance and mechanical breakdowns, engine diagnostics, and oil changes.
Cost Of Endurance Car Warranty
The cost of a warranty is decided by several factors involving vehicle specifics with the desired coverage set. Your car’s make, mileage, and model, plus the level of coverage, are some of the factors that affect the warranty costs.
Endurance average costs between $350-$700 per year. The following vehicles have these Endurance warranty quotes:
| vehicle | Term length | Down payment | Deductible | Monthly payment | Endurance warranty plan |
| Toyota Camry | 6 years/75,000 miles | $205 | $100 | $103 for 36 months | Select Premier |
| Honda CR-V | 5 years/100,000 miles | $186 | $100 | $86 for 36 months | Supreme |
| Honda CR-V | 5 years/54,000 miles | $137.65 | $100 | $72.65 for 36 months | Secure |
| Chevrolet Silverado | 6 years/100,000 miles | $214 | $100 | $124 for 36 months | Supreme |
Customer Reviews
In the past, the company has managed to hold a B+ on BBB rating and currently on C. Rating of customers review is 3.4 out of 5.0 stars. An impressive indication that Endurance is one of the best companies in the industry.
CARCHEX
CARCHEX was started in 1999. It has developed into one of the prime warranty providers among other providers. It’s a reputable company with state registrations, certifications, and extensions warranty with other experts like Edmunds.com, making it a legitimate business.
Pros
- Has instant quotes that are easy to access.
- Remains the top-rated on BBB with an A+ rating.
- Endorsed by other experts in the industry like Edmunds.com and Kelly Blue Book.
- Offers customizable, transparent, and easy-to-navigate plans.
- Comes with a one-month money guarantee
- Its app avails over 30,000 repair shops to choose from.
Cons
- Luxury vehicles are limited to covers.
- It does not protect damages from accidents, wear and tear or neglects
- A charges cancellation fee of $50
Carchex Tiers of Coverage
Carchex cooperates with other top-rated administrators such as American Auto Shield to provide these coverage options:
- Gold
It covers major components such as a powertrain, and it’s a plan for vehicles of over 600 miles.
- Bronze
Carchex covers powertrain coverage to engine and transmission.
- Titanium
This option covers all your vehicle’s components and systems except a few parts.
- Silver
This option offers coverage to major essential components of your vehicle.
- Platinum
It’s the highest plan state that covers most parts of your vehicle.
CARCHEX Warranty Cost
Carchex warranty plan varies depending on the length of a term, model, and make of your vehicle, among other factors. The quotes we established ranged from $100-160$ per month.
Other quotes we received are:
| Vehicle | Term length | Down payment | Deductible | Monthly payment | CARCHEX Warranty plan |
| Toyota Camry | 5 years/60,000 miles | First payment | $100 | $190 for 18 months | Silver |
| Honda CR-V | 6 years/125,000 miles | First payment | $100 | $185.20 for 18 months | Titanium |
| Honda CR-V | 5 years/100,000 miles | First payment | $100 | $188 for 18 months | Silver |
| Chevrolet Silverado | 6 years/125,000 miles | First payment | $100 | $215.00 for 18 months | Titanium |
Customer Reviews
Carchex company still tops on BBB with a rating of A+ and a 3.2 customer rating. In addition, reviews from Trustpilot make it reputable since most clients give positive feedback.
CarShield
CarShield, also known as “Best value” due to its lowest monthly payment plans, has been active for over 14 years. In addition, it offers protection to both terrain vehicles and motorcycles at a cheaper cost.
Pros
- It has many plans compared to other warranty providers
- Its affordable, and anyone can protect their car
- Their reimbursement is direct hence saving a lot of time.
- Roadside assistance runs 24/7
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Cons
- Their plans might be hard to understand.
- Do not disclose all information about all plans.
- It has restricted benefits overall.
CarShield Warranty Options
Carshield offers several warranty options that extend from basic powertrain to full-service warranties.
These plans:
- Gold
This plan covers the alternator, air conditioning, power windows, plus every component in the lower part of the silver plan.
- Diamond
It covers every component from bumper to bumper except a few components.
- Silver
All lubricated transmission, engine parts, water pump, and drive axle are protected by this warrant plan.
- ATV and motorcycles
This plan provides protection to ATVs and motorcycles.
- Aluminum
Computer-related parts like GPS, starter, etc., plus electrical parts in your vehicle, are protected by this specialty plan.
- Platinum
A platinum plan covers high mileage vehicles of electrical and mechanical parts.
The above plans have several side values that you should know about. Some of these plans are
- Roadside assistance includes jumpstarting, flat tire change, lockout services, plus out-of-gas delivery. This plan is open 24/7
- Rental car coverage. This works when you have a breakdown that CarShield charges per day or occurrence. The charges are $40 and $280 respectively.
- Trip interruption also is a side plan offered by CarShield company to assist when having a breakdown during a trip.
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Average Cost of CarShield Warranty
Averagely, CarShield plan amounts to $129.99 per month. Mileage, model and make of your car will greatly affect the cost of the plan. Below is an example of how types and make of different cars affects the plan of your choice.
| vehicle | Platinum cost per month | Aluminum | Platinum | Diamond | Silver | Deductible |
| 2017 BMW X3 | $129.99 | $129.99 | $129.99 | $129.99 | $129.99 | $100 |
| 2017 Ford F-150 | $129.99 | $129.99 | $129.99 | $129.99 | $129.99 | $100 |
| 2017 Honda Accord | $129.99 | $129.99 | $129.99 | $129.99 | $129.99 | $100 |
| 2017 Toyota RAV | $129.99 | $129.99 | $129.99 | $129.99 | $129.99 | $100 |
Customer Reviews
BBB cautions on keenness when trading with CarShield warranty service providers. Customer reviews make it have 1.5 out of 5 stars.
A-Protect Warranty Corporation
A-Protect Warranty has been in use since 1999, protecting cars with several different plans. They provide affordable and invaluable mechanical fail or breakdown protection to all automobiles models and makes despite the miles covered by your vehicle. The company has no middlemen or third parties, and they deal with clients directly.
Pros
- Offer best services at an affordable rate
- It doesn’t have brokers hence dealing with clients directly.
- Has no paperwork
- Has a courteous and ready customer service panel
Cons
- They do not cover all repairs
- Do not disclose all information about their warranty plans
Ensurall
Ensurall has been protecting used automobiles since 1978 and providing the highest warranty for them. It is fully protected by a top-rated insurance firm, Unica Insurance (founded in 1955, a minor La Capitale General Insurance). In Canada, it is partly family-owned and -operated.
Ensurall has given peace of mind to the majority of Canadians in five decades. On Facebook, it earns a rating of 5.0 (1), with 4.9 out of 5.0 stars from 31 reviews and testimonials, and 4.9 out of 5.0 stars on Google (30).
Pros
- Offers fast and free claims to clients.
- Consumers are provided with a diverse range of warranties to select from powertrain to bumper-to-bumper coverage.
- It’s cheap compared to other warranty providers in the industry
- They have a customer care that is responsive to all claims 24/7
- It’s a top-rated warranty provider with an A+ rating on BBB
- Provides comprehensive coverage to all types and makes of vehicles.
Cons
- Has fewer pricing options
- Do not disclose all information about their warranty plans
Ensurall Warranty Plans
Ensurall together with Unica Insurance teams up to provide these coverage plans:
- Fully loaded coverage
This type of coverage is also known as a bumper-to-bumper coverage plan. It is the best coverage you can get from Ensurall warranty plans. It provides total protection at an affordable charge for you. It’s created to cover vehicles imported from the U.S. into Canada.
- Essential components
This plan covers only essential components like powertrain, air conditioning, power steering up to brakes excepting other parts.
- Powertrain plus
This plan is ideal for vehicles that are old modeled since it provides complete coverage for a car’s powertrain. Examples of the components of a vehicle in this plan are; air conditioning, seals and gaskets, electronics, and powertrain.
- Diminished value protection
Diminished value is where an accident involves a vehicle that is already repaired such that it can never be worth what it was before. In case this happens, Ensurall pays a fixed settlement to make up for the damage that results from diminished value. Fixed settlement is 10% of the vehicle’s value.
Comprehensive component coverage
| Covered components | Powertrain plus | Essential components | Fully loaded coverage |
| Electronics | Included | Included | Included |
| Air conditioning | Included | Included | Included |
| Powertrain | Included | Included | Included |
| Seals and Gaskets | Included | Included | Included |
| Brakes | Not included | Included | Included |
| Fuel injection | Not included | Included | Included |
| Suspension | Not included | Included | Included |
| Cooling system | Not included | Included | Included |
| Ignition systems | Not included | Included | Included |
| Power steering | Not included | Included | Included |
| Phone | Not included | Not included | Included |
| Airbag electronics | Not included | Not included | Included |
| Entertainment | Not included | Not included | Included |
| emissions | Not included | Not included | Included |
| navigation | Not included | Not included | Included |
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Ensurall warranty cost
Ensurall premium warranty package on Mercedes ML550
- Essential warranty coverage
| Warranty length | $0 deductible | $50 deductible | $100 deductible | |
| 3 years | Expires 2013/105,000 KM on Odometer Expires 2014/130,000 KM on Odometer Expires 2015/145,000 KM on Odometer Expires 2016/165,000 KM on Odometer Expires 2017/185,000 KM on Odometer | $1,749.00 | $1,699.00 | $1,599.00 |
| 4 years | $1,949.00 | $1,899.00 | $1,799.00 | |
| 5 years | $2,349.00 | $2,299.00 | $2,199.00 | |
| 6 years | $2,549.00 | $2,499.00 | $2,399.00 | |
| 7 years | $2,749.00 | $2.699.00 | $2,599.00 | |
- Fully loaded warranty coverage
| Warranty length | $0 | $50 | $100 | |
| 3 years | Expires 2013/105,000 KM on Odometer Expires 2014/130,000 KM on Odometer Expires 2015/145,000 KM on Odometer Expires 2016/165,000 KM on Odometer | $2,068.80 | $2,028.80 | $1,918.80 |
| 4 years | $2,308.80 | $2,258.80 | $2,158.80 | |
| 5 years | $2.788.80 | $2.738.80 | $2,638.80 | |
| 6 years | $3,028.80 | $2,978.80 | $2,878.80 | |
| 7 years | Expires 2017/185,000 KM on Odometer | $3,268.80 | $3,218.80 | $3,118.80 |
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Reviews
From the testimonials, Ensurall appears to be at the top due to the positive reviews posted by clients.
Danny C, a client of Ensurall, reviewed,” Ensurall is the most effective warranty alternative available. I have used them in my 05 Grand AM and my 2013 Elantra, and I can vouch that the claims procedure is simple and quick. I’ve used them for two separate claims and have been extremely pleased with their service. The claims I’ve assigned to them were really fast at processing them, and there were never any issues. My Elantra’s quote from them was $500 less than the dealer’s price, and the service was somewhat better. Highly Suggested.”
On the BBB, it stands out to be the most rated compared to many other providers in the industry.
Final verdict
As automobiles get older, the likelihood of having numerous problems rises. Therefore, used vehicle warranty programs are popular for older cars since they allow drivers to avoid the expenses of unpleasant and costly auto repairs.
After the factory warranty coverage expires, automobile warranty companies provide value to drivers by assisting in protecting important vehicle components. Therefore, it’s important that you get covered by any of the above warranty plans.
Knowing the best provider may be stressful. However, after a close review at each warranty firm, Endurance is the best long-term vehicle warranty provider for us because of its competitive pricing, transparent quotations, and friendliness.