CARCHEX

623 Reviews

CARCHEX is a leader in car inspections, extended warranties and auto insurance quotes. CARCHEX Insurance Group provides you with a useful tool for shopping and comparing the cheapest car insurance quotes from top insurance companies.

The CARCHEX mission has always been to act as a consumer advocate and help consumers throughout the vehicle ownership... show more

Find Cheap Car Insurance from WalletHub Partners

CARCHEX Reviews

The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. The rating was last updated on 05/31/2021.

4.1

What's Your Rating?

WalletHub
May 31, 2021 • @WalletHub

editor's review

Carchex Review

Carchex is a pretty good company, based on coverage options, customer reviews, and ratings from the Better Business Bureau (BBB). The company is accredited by the BBB and doesn’t have many customer complaints, though it has a mediocre TrustPilot review. Additionally, Carchex has an average user rating of 4.1 out of 5 on WalletHub.

Carchex offers vehicle service contracts, also known as extended warranties. These plans are meant to cover expensive car repairs arising from mechanical problems. Carchex does not disclose the average price of its plans, but authorized sellers advertise sample prices ranging from around $50 to $80 per month.

Carchex Reviews & Ratings

Reviews on WalletHub: 4.1 out of 5
BBB: A+, accredited
TrustPilot rating: 3.2 out of 5

Carchex Plans

Carchex offers five plans, with various coverage levels and eligibility requirements. The company’s most affordable plan is called the Bronze plan. This plan offers less coverage than the average competitor’s basic plan, since it does not cover the air conditioning, water pump, or brakes.

The Bronze Plan Covers:

Engine
Transmission
Drive axle

Plan	Coverage
Bronze	Engine, transmission, drive axle
Silver	Engine, transmission, drive axle, fuel delivery, electrical, AC
Gold	Engine, transmission, drive axle, fuel delivery, electrical, AC, brakes, steering
Platinum	Engine, transmission, drive axle, fuel delivery, electrical, AC, brakes, steering, suspension, enhanced electrical, heating/cooling
Titanium	Everything except exclusions and parts covered by the manufacturer's warranty

Keep in mind that individual plans may vary depending on the vehicle and state. Additionally, Carchex does not disclose exact eligibility requirements, since eligibility is vehicle-dependent. However, potential customers can get a quote by filling out an online quote form or calling 877-CARCHEX to see if they qualify.

Bottom Line: Is Carchex a Good Company?

Carchex is an above-average company, since its customer reviews are overwhelmingly positive. The company provides samples prices that range from approximately $50-$80 per month, which is less than some competitors, though exact quotes will vary by vehicle. However, it’s worth noting that vehicle service plans often cost more in the long run than they cover in repairs.

If you are concerned about your vehicle’s reliability and want the additional peace of mind, the expense of a vehicle service contract from Carchex could be worth it, but it depends on your individual circumstances. On the other hand, one alternative to purchasing a vehicle service contract is buying mechanical breakdown insurance from a car insurance company.

Product: CARCHEX Car Insurance

Comment

Review CARCHEX

CARCHEX Offers

Car Insurance

CARCHEX Q&A(3 questions)

How much does Carchex cost?

Upvotes

WalletHub

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.

What is the price range of your extended warranty?

Upvotes

I have new vehicles that are used for non-emergency medical transport. I am looking for.an extended warranty

Upvotes

CARCHEX Contact

Visit Website

877-227-2439

118 Shawan Road, Suite 210

Cockeysville, MD 21030

Claim This Page Report Abuse

Information on this page is provided 'as is' and solely for informational purposes, not for any other purpose or advice. In addition, this information does not originate from us and thus, we do not guarantee its accuracy.

You can check the profile page of each professional or company to determine whether they are a paying advertiser (indicated by the word "sponsored"). Regardless of advertiser status, none of the listings, reviews, or other information on WalletHub constitutes, in any way, a referral or endorsement by us of the respective financial company or professional, or vice versa. Furthermore, it is important to note that the inclusion of a financial company or professional on WalletHub does not necessarily indicate their involvement with the site or control over the information that we display. Information is displayed first and foremost for the benefit of consumers.

Editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not the financial institution's responsibility to ensure all posts and questions are answered.