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Carchex does not disclose how much its plans cost, since the prices vary by location, driver information, and vehicle type. Carchex sells vehicle service plans, which are similar to extended warranties and cover the cost of repairs to the car’s systems and mechanical parts.
Key Things to Know About Carchex Plans
- Carchex plans cover your vehicle’s engine, transmission, cooling system and drive axle.
- Five different plans are available from Carchex, giving drivers options in terms of coverage and cost.
- To qualify for a Carchex plan, cars must fulfill certain eligibility requirements, though CarChex states that eligibility varies by state, vehicle, and mileage.
Specific details may vary based on which Carchex plan drivers purchase, but this list is a good example of Carchex coverage.
It’s also worth noting that mechanical breakdown insurance from a car insurance company is often a cheaper alternative to a third-party vehicle service plan or extended warranty. For more information, check out WalletHub’s guides to mechanical breakdown insurance and extended warranties.
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