Auto Warranty
Top Companies in 2024
CARCHEX vs Toyota Extended Warranty
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- Relationship with multiple VSC
- Trip interruption reimbursement
- Flexibility of warranty options
- Refund upon contract cancellation
- Choose your own repair shop
- Transferable coverage
- Roadside assistance
- Trip interruption reimbursement
- Towing services
- Cancelation options
- New and used car coverage
- Does not cover all cars
- May be more expensive than others
- They are brokers, not administrators
- Coverage limit
- Extra benefit limitations
CARCHEX boasts a great reputation and excellent customer service, among their many advantages. CARCHEX has been helping people protect their vehicles since 2004. They have an A+ rating from the Better Business Bureau and have been consistently ranked as one of the best extended warranty companies in the industry. If you own a vehicle with high mileage, CARCHEX is an especially good option for you.
Founded 85 years ago, Toyota positioned themselves as a global automotive leader. With every Toyota vehicle purchased, a standard limited warranty comes with it. However, as soon as that expires, a vehicle still requires protection. This is why Toyota introduced the Toyota Vehicle Service Agreement (VSA), extending beyond the factory coverage to provide enhanced protection for its diverse range of vehicles. Toyota offers a suite of extended warranty plans—Powertrain, Gold, and Platinum coverage—tailored to meet various needs and vehicle models. These plans boast transferable coverage, roadside assistance, trip interruption reimbursement, towing services, and flexible cancelation options, creating a robust safety net for both new and used vehicles. The focus on utilizing authentic Toyota parts in all covered repairs underscores the commitment to maintaining vehicle integrity and longevity. Additionally, the customer experience is mainly positive, with negativity focusing on hard-to-reach customer representatives and the warranty being unnecessary since Toyota vehicles are reliable. Toyota's extended warranty aligns seamlessly with the brand's dedication to delivering exceptional automotive experiences.
- BBB Rating : A+
- Cancelation Option : Available
- Maintenance Coverage : Unavailable
- Money-Back Guarantee : Yes
- Number of Plans Available : 5
- Repair Shop Choice : Yes
- Term Limits : Up to 10 years
- Waiting Period : 30 days
- Operating Status : Active
- Business Started : 1999
- Online Quote : True
- BBB Rating : B-
- Cancelation Option : Available
- Maintenance Coverage : Unavailable
- Money-Back Guarantee : true
- Number of Plans Available : 3
- Repair Shop Choice : False
- Term Limits : 8 years or 125,000 miles
- Waiting Period : Unavailable
- Operating Status : Active
- Business Started : Undisclosed
- Online Quote : True
- Services backed by industry standard-bearers like Kelley Blue Book, CARFAX, RepairPal, and Edmunds.com
- Covers cars with up to 250,000 miles on them
- Choose your own repair shop
- Trip interruption reimbursement
- Available in California and all states
- Long contract terms of up to 10 years
- Transferable coverage
- Roadside assistance
- Trip interruption reimbursement
- New and used car coverage
- Authentic Toyota parts
- Phone
- FAQs
- Help Guides
- Live Chat
- Mobile Application
- Ticket
- Phone
- FAQs
- Help Guides
- Live Chat
- Mobile Application
- Ticket
- Major Credit Cards
- Major Debit Cards
- Cash
- Check—Undisclosed
- ACH Transactions
- PayPal
- Apple Pay
- Google Pay
- Money Order
- Wire Transfer
- *Not all payment methods are available in all states
- *Some payment methods may incur additional fees
- Major Credit Cards
- Major Debit Cards
- Cash
- Check
- ACH Transactions
- PayPal
- Apple Pay
- Google Pay
- Money Order
- Wire Transfer
- *Not all payment methods are available in all states
- *Some payment methods may incur additional fees
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