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Is CARCHEX a reputable company?
CARCHEX has mostly positive ratings and a solid reputation among customers. Over 1,400 CARCHEX reviews on Trustpilot give the company an average of 3.1 out of 5.0 stars. The CARCHEX customer score on the Better Business Bureau (BBB) website is not quite as strong at only 2.3 out of 5.0 stars.
Is CARCHEX still in business?
The simple answer is, “yes.” CARCHEX is a legitimate business with many third-party certifications and state registrations. While there are many car warranty companies with a less robust history, CARCHEX has been an accredited member of the Better Business Bureau (BBB) for 20 years.
What is the average cost of a CARCHEX warranty?
How Much Does a CARCHEX Warranty Cost? Generally, a CARCHEX warranty costs about $100 to $250 per month or about $214 to $730 per year, depending on your term lengths and payment plan. Most CARCHEX coverage plans also require a down payment, which varies based on your monthly payment plan.
How much does CARCHEX cost per month?
between $100 and $200 per month
Most customers pay between $100 and $200 per month for coverage from CARCHEX. Based on quotes we received, total costs range from around $2500 to $3000. Customers who choose a higher tiered plan can expect to pay around $2,500 and $2,800 for a lower tier plan, with specific costs depending on your vehicle.
Does CARCHEX cover engine replacement?
Extended warranties can cover: Powertrain: The engine, transmission, and other key parts of this system are covered. Roadside assistance: Many extended warranties include around-the-clock roadside assistance, which can include towing, trip interruption service, and more.
Who owns CARCHEX?
Jason Goldsmith
Jason Goldsmith is the co-founder, CEO and Chairman of CARCHEX, an industry-leading provider of direct-to-consumer vehicle protection products and services. He is an entrepreneur to his core and has led high-growth companies for almost 25 years.
Is there a waiting period for CARCHEX?
Is there a waiting period for CARCHEX? Yes, CARCHEX has a waiting period of 30 days before you can file an auto claim. This period gives drivers time to consider whether a CARCHEX vehicle service contract is right for them.
Does CARCHEX have a deductible?
CARCHEX offers some plans with a $0 deductible, so you won’t have to pay anything at the time of your repair. However, you can lower the cost of your contract by raising your deductible to $50 or even $100. This deductible is owed for each repair.
Does CARCHEX cover brake pads?
CARCHEX Warranty Exclusions CARCHEX warranty plans do not cover the following: Wear and tear components like brake pads and windshield wiper blades. Maintenance items like oil changes and tire rotations. Damage caused by an accident or environmental factors.