Review: CARCHEX
If you’re shopping for an extended warranty, CompareCarWarranties.com has done the work for you. Read our CARCHEX review below to see if they offer the best protection for your vehicle.
Last updated: January 2024
Key Takeaway
CARCHEX Extended Vehicle Protection Plans are backed by industry experts, making them reliable choices. They back their product with a money-back guarantee and promise to give you the lowest cost up front, showing that customer service is a top priority.
Pros
- Five coverage levels with several plans within each tier
- Long list of partners and endorsements
- No-Haggle, Low-Price Everyday Guarantee™
- Customer Experience Above All
- Up to 10-year terms
Cons
- Coverage isn’t available for high line luxury vehicles such as Rolls Royce or Lamborghini
- Towing reimbursements are limited to $75 per occurrence
What to Know About CARCHEX: Reviews, Cost, & If It’s Worth It
As you’re looking for the best vehicle protection plan, here are some of the most important
facts about CARCHEX:
- Best for: Aging or high-mileage vehicles.
- Customer service: The brand motto is “Customer Experience Above All,” and their No-Haggle,
- Low-Price Everyday Guarantee™ means they’ll give the best price up front.
- BBB accreditation and rating: CARCHEX has maintained an A+ rating and has been accredited since 2009.
- Affordability: You can select a monthly payment plan that’s more manageable than a full annual
payment. - Free quote: Price estimates are customized to your specific vehicle, budget, driving habits, and
needs. - 30-Day Money Back Guarantee: If you’re not satisfied with your coverage, you can get a refund within 30 days.
- Included benefits: All plans include 24/7 roadside assistance, towing, gas delivery, trip
interruption services, and rental car reimbursement. - Claims paid to repair shop: CARCHEX pays the auto shop directly, so you don’t have to fund an expensive car repair up front and wait to be reimbursed.
Plans and Coverage
CARCHEX offers five coverage tiers with several plans within each level. The plans are backed by reputable industry leaders, such as American Auto Shield and Royal Administration Services, who are all competing for your business. That way, CARCHEX can offer you a low price. Their coverage levels include:
Titanium Coverage
Bumper-to-bumper coverage, the highest level available. Terms up to 10 years.
Platinum Coverage
Covers hundreds of specific components for up to 10 years.
Gold Coverage
Great for vehicles with over 60,000 miles. Terms up to 10 years.
Silver Coverage
Similar to a “powertrain plus” plan, lasting up to seven years.
Bronze Coverage
Basic coverage for your engine and transmission for up to six years.
CARCHEX: Reviews, Cost, & If It’s Worth It Quick Facts
Company Name: CARCHEX, LLC
Year Founded: 1999
Headquartered in: Hunt Valley, MD
BBB Accredited: Since 2009 and has an A+ grade
Partnerships/Endorsements: CARFAX, Edmunds.com, Kelley Blue Book, SiriusXM, CarAdvise, RepairPal and more