Most of us have to buy a car in order to get to work. Face it, public transportation just isn’t available in most places. So the question is, how do you maintain that vehicle with the least amount of expense. That is where the Carchex extended auto warranty comes in. It doesn’t pay for normal maintenance such as oil changes, but it does cover most major repairs depending on the policy you purchase. What you can expect out of an extended auto warranty is:
- peace of mind that your vehicle will be in good mechanical condition
- predictable maintenance costs for your vehicle since the extended auto warranty will cover those unexpected repair costs
- better resale value of your vehicle since extended auto warranties can be transferable
With the Carchex extended auto warranty in particular, you can expect one of the lower premiums around since they can tailor the policy to your needs and shop around for the best value for you. What I like about this policy is that you can choose the repair location. So if you already have a favorite mechanic, you can still take your car there. No need to drive out of your way to locate the place an insurance company expects you to take your vehicle to.
Paying the repair bill is also consumer friendly. You pay your deductible but the company pays the remainder directly to the repair place, so you do not have to come up with the money out of your pocket. I am sure many of us have found ourselves waiting for reimbursement checks from insurance companies before. If your car needed a sudden unexpected repair, it probably was not in your budget, so this is a great feature of the Carchex extended auto warranty. At least I prefer using my money for what I budgeted for, not emergencies.
Most of the plans you can choose from also provide 24 hour roadside assistance and extended towing benefits. This may not be as important to people living in large cities, but those that travel extensively through the large expanses of the Western states will appreciate some help with the towing if the car happens to break down in a fairly uninhabited place.
You are likely wondering what this company’s track record is like. When checking for reviews online, I found the typical complaints such as, the salesperson promised some feature which wasn’t provided, or the company did not fully pay for the repair. The number of complaints I found was surprisingly low, so if this is a product which fits your need, check into it.
One word of caution is that Carchex extended auto warranty does provide extended auto warranties which are underwritten by other insurance companies. You will want to read any contracts you sign very carefully and check out the company you were referred to as well. You want a stable company with a good financial balance sheet, so if you have a claim, it will get paid. This company makes it easy to do business on the internet, but that does not relieve you of your responsibility as a consumer to check out what you are purchasing.
Make sure the policy you are looking at purchasing is truly what you want. The price has to be right, the services provided have to be right. Extended auto warranties only make sense if they save you money if something goes wrong with your vehicle. After all, if they didn’t, you might as well just pay for repairs when they happen. This one is definitely worth checking into.












