An aftermarket car warranty can be a valuable financial investment for many vehicle owners. Extended warranty plans often help drivers experience more peace of mind knowing they’re covered in the case of unexpected mechanical breakdowns. However, there are a number of warranty plan types and coverage options, and it can be challenging to navigate the wide range of options on the market.
In this article, we’ll review the four best aftermarket car warranty providers currently available and discuss what to expect when it comes to extended warranty coverage and costs. To start your search for the best aftermarket car warranty for your needs, use the buttons below to receive free quotes from our top-rated providers.
What is an Aftermarket Car Warranty?
An aftermarket warranty, also referred to as an extended car warranty, is an opt-in service that protects you from paying out of pocket to repair faulty parts after your factory warranty expires. These extended warranty plans can provide car owners with peace of mind when it comes to paying for costly repairs following a mechanical breakdown.
An aftermarket car warranty covers a range of components on your vehicle, depending on the type of plan you choose, and offers protection against unexpected repair bills for covered components.
4 Best Aftermarket Car Warranty Providers
Our review team identified four aftermarket car warranty providers that stand out against the rest: Endurance, CARCHEX, CarShield and Protect My Car. Here’s a comparison of the providers based on our research to help you find the best extended auto warranty for your needs:
|Aftermarket Car Warranty Provider||Our Award||Coverage Levels||Maximum Term Limit|
|1. Endurance||Best Provider||6||200,000+ miles|
|2. CARCHEX||Runner-Up, Best Provider||5||10 years/250,000 miles|
|3. CarShield||Most Affordable||6||200,000 miles|
|4. Protect My Car||Best Financing||3||125,000 miles|
Endurance: Best Provider
Endurance is our go-to provider for direct coverage. Rather than working through a middleman, Endurance works directly with customers on claims and coverage for an overall efficient process. Here’s an overview of its vehicle protection plans:
- Supreme: This exclusionary coverage acts as a bumper-to-bumper extended warranty.
- Superior: The Superior plan provides stated-component coverage to protect most major parts.
- Secure Plus: This plan protects components like the brakes, engine, transmission, air conditioning, steering and some electrical parts.
- Secure: The Secure plan covers your powertrain at a budget-friendly price.
- Select Premier: Crafted for high-mileage cars, this plan covers vital systems like the engine, transmission and drive axle.
- EnduranceAdvantageTM: This plan provides extensive component coverage with the addition of maintenance coverage, including oil and filter changes, brake pad and wiper blade replacement, and more.
Endurance also offers customers additional benefits with its warranty coverage, including roadside assistance, rental car reimbursement, oil changes and tire rotations. Because Endurance works directly with drivers, its claims process can be more straightforward than other third-party providers. In reviews of Endurance, customers often mention helpful service representatives and easy claims processing.
For more information on an Endurance aftermarket car warranty, check out our Endurance review or click below to get started with a free quote.
CARCHEX: Runner-Up, Best Provider
For drivers looking to protect older, high-mileage vehicles, we suggest reaching out to CARCHEX for a quote. The provider offers a range of comprehensive coverage plans, especially for older or more unreliable vehicles, and is available in all 50 states. Here’s an overview of its coverage plans:
- Titanium: Comprehensive exclusionary coverage
- Platinum: Covers hundreds of stated components, including all major systems
- Gold: Protects all major systems to some extent and ideal for cars with over 60,000 miles
- Silver: Covers your powertrain components and a few additional components, depending on the plan you choose
- Bronze: Protects engine and transmission from common repairs
CARCHEX also offers bonus perks with its warranty plans like:
- Roadside assistance
- Towing to repair shops
- Rental car reimbursement
- Trip interruption
- Fuel delivery
- Lockout services
CARCHEX is endorsed by industry giants like Kelley Blue Book (KBB) and boasts an A+ rating from the Better Business Bureau (BBB). Many customers note the provider’s positive customer service in their reviews.
To learn more about an aftermarket car warranty from this provider, check out our CARCHEX review or use the button below to get a free quote.
CarShield: Most Affordable
Drivers looking for budget-friendly aftermarket car warranties should turn to CarShield. It has sold over one million contracts since its business began in 2005, making it a key player in the auto warranty industry. We particularly like the monthly payment options it offers to drivers. Here’s an overview of its coverage plans:
- Diamond: Acts as a bumper-to-bumper extended warranty
- Platinum: Best option for high-mileage cars and covers the engine, transmission, air conditioning, water pump and more
- Gold: Covers the powertrain as well as the air conditioning, electrical systems, fuel system, and seals and gaskets
- Silver: Protects the engine, transmission, transfer case, drive axles, and seals and gaskets
- Aluminum: Protects the electrical and computer systems
- Motorcycle & ATV: Protects all-terrain vehicles and motorcycles
CarShield provides additional benefits like roadside assistance, towing and rental car reimbursement.
CarShield’s customer reviews are mixed. On Trustpilot, a trusted customer review site, the aftermarket car warranty provider received a 4.1 out of 5.0-star rating, with many reviewers highlighting their positive customer service experience. However, the BBB reviews call attention to more negative customer experiences. CarShield received an F rating from the BBB due to a high number of customer complaints and for not providing customers with timely responses to their queries.
If you’re considering a CarShield extended warranty plan, read our CarShield review and use the button below to get a free quote.
Protect My Car: Best Financing
Protect My Car offers monthly payment plans ranging from 36 to 48 months, giving drivers more flexibility when it comes to the monthly cost of their aftermarket car warranty. It offers aftermarket car warranties for vehicles less than 10 years old with fewer than 125,000 miles. Here’s an overview of its plans:
- Supreme: Covers most major systems, including the turbocharger and high-tech components
- Select: Best for cars with more than 50,000 miles and covers systems like the steering, brakes and suspension
- Driveline: Covers powertrain components like the engine and transmission as well as the fuel system for cars between 4 and 10 years old with more than 80,000 miles
Additional benefits with these plans include roadside assistance, rental car reimbursement, oil changes and tire rotations. Protect My Car is highly rated on both the BBB and Trustpilot, and many customers mention an easy claims process and high-quality service. However, some customer reports also mention communication issues between their repair facility and Protect My Car during the repair process.
Read our Protect My Car review to get more information about this provider, and click the button below to get started with a free quote.
How Much Does an Aftermarket Car Warranty Cost?
Based on our research, an aftermarket car warranty can cost anywhere from $1,700 to $4,000, which reflects a three- to seven-year contract length. The cost of an aftermarket car warranty depends on a few factors, including:
- Deductible: Usually, a lower deductible results in a higher monthly premium.
- Vehicle make, model and age: Older, high-mileage, luxury and less reliable vehicles are often more expensive to cover.
- Coverage level: Comprehensive aftermarket car warranty plans are typically more costly than a more basic alternative.
- Contract length: Often, a longer contract costs more than a shorter contract.
The provider you choose also affects your extended warranty cost. Our research team reached out for quotes from each of our top four providers and received the following information. The pricing listed is for a 2018 Toyota RAV4 with 30,000 miles under each provider’s most comprehensive plan:
|Aftermarket Car Warranty||Coverage Term||Deductible||Monthly Payment||Total Price|
|Endurance Supreme||5 years/100,000 miles||$100||$77.35 for 36 months||$2,951.15|
|CARCHEX Titanium||7 years/125,000 miles||$100||$190.00 for 18 months||$3,420.00|
|CarShield Diamond||5 years/100,000 miles||$100||$88.78 for 18 months||$1,893.04|
|Protect My Car Supreme||4 years/100,000 miles||$100||$96.95 until cancellation or expiration for length of plan||—|
Third-party aftermarket car warranty providers are also just one piece of the puzzle. Some car manufacturers will let you purchase an extended warranty when your factory warranty expires. However, these plans tend to be more costly than third-party providers’ plans, but they do offer more specialization.
Manufacturers’ extended warranties usually guarantee factory-trained technicians and authentic parts used in covered repairs, whereas third-party warranties give customers the option to have repairs done either at the dealership with original parts or at an auto repair shop with parts equal to original market value.
Conclusion: Are Aftermarket Car Warranties Worth It?
A cost-effective aftermarket car warranty should cost less than what you’d pay in out-of-pocket repair costs. For drivers with highly reliable vehicles, mechanical breakdowns may be far and few between, reducing the usefulness of an extended warranty. However, drivers with less reliable vehicles looking to save money may benefit from purchasing an aftermarket car warranty.
Another factor to consider is how long you plan to own your car. If you plan to sell your car before the manufacturer’s warranty expires, it does not make sense to buy coverage you won’t use. In some cases, a transferable extended warranty can increase the resale value of your used car if you sell to a private owner, though it is unlikely to increase a trade-in offer from a dealership.
Before committing to any aftermarket car warranty, it’s a good idea to reach out to multiple providers to get quotes. This allows you to compare not only coverage between companies but also price points. We’ve listed some of the top providers mentioned in this article below. Reach out to receive free, personalized quotes.