Auto Warranty
Top Companies in 2024
MaxCare vs Penn Warranty Corporation
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- 24/7 emergency roadside assistance
- Customizable plan
- Flexible payment options
- Transferable coverage
- Nationwide protection
- Rental car reimbursement
- Live chat option
- Nationwide coverage
- 24/7 customer support
- Roadside assistance
- Rental car reimbursement
- No sample contract
- No free quote
- Can only be purchased through CarMax
- Can only be bought at the time of vehicle purchase
- MaxCare is administered by a third-party
- Information on plans not available on website
- Contract terms are not transparent
- Complicated claims process
MaxCare is an extended auto warranty that is available for all cars purchased from CarMax. This warranty must be purchased at the same time as the car purchase. MaxCare can save you money on repairs and give you peace of mind, knowing your car is covered.
When someone buys a car from CarMax, they get a free limited plan. You can get service for up to 90 days or 4,000 miles with this plan. They can also buy an additional protection called MaxCare. There are now over 200 CarMax stores across the United States. The first one opened in 1993 in Richmond, Virginia. On top of that, the Better Business Bureau (BBB) page gives them an A!
Penn Warranty Corporation is known for their commitment to customer service and providing reliable coverage options. They offer different plans to accommodate varying needs and budgets, allowing customers to choose the level of coverage that suits them best. Like other companies in the extended auto warranty industry, Penn Warranty aims to assist drivers in managing and mitigating the financial impact of unexpected vehicle repairs. They are an extended auto warranty company that has been in business for over 30 years. They offer a variety of plans to fit most budgets.
They are backed by an A-rated insurer, but they have a complicated claim process. They have received numerous conflicting reviews, ranging from positive to negative, with most customers expressing dissatisfaction with their experiences. According to some of the good reviews, customers appreciate the lower cost, the option to choose their own repair business, and roadside help. The negative feedback, on the other hand, varied from restricted coverage and bad customer service to customers believing their contracts were dishonest.
- BBB Rating : NR
- Cancelation Option : Available
- Maintenance Coverage : Undisclosed
- Money-Back Guarantee : 30 days
- Number of Plans Available : 1
- Repair Shop Choice : Yes
- Term Limits : Mileage-based
- Waiting Period : 30 days
- Operating Status : Active
- Business Started : 1993
- Online Quote : False
- BBB Rating : A+
- Cancelation Option : Available
- Maintenance Coverage : Undisclosed
- Money-Back Guarantee : Undisclosed
- Number of Plans Available : 5
- Repair Shop Choice : Yes
- Term Limits : Undisclosed
- Waiting Period : 30 Days
- Operating Status : Active
- Business Started : 1988
- Online Quote : False
- Flexible payment options
- Comprehensive roadside assistance tool
- Offers coverage for new, remanufactured, aftermarket, and sometimes used parts, depending on their cost and availability
- Phone
- FAQs
- Help Guides
- Live Chat
- Mobile Application—Undisclosed
- Ticket—Undisclosed
- Phone
- FAQs
- Help Guides—Undisclosed
- Live Chat—Undisclosed
- Mobile Application—Undisclosed
- Ticket
- Major Credit Cards
- Major Debit Cards—Undisclosed
- Cash
- Check
- ACH Transactions—Undisclosed
- PayPal—Undisclosed
- Apple Pay—Undisclosed
- Google Pay—Undisclosed
- Money Order—Undisclosed
- Wire Transfer—Undisclosed
- *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—Undisclosed
- PayPal
- Apple Pay—Undisclosed
- Google Pay—Undisclosed
- Money Order—Undisclosed
- Wire Transfer—Undisclosed
- *Not all payment methods are available in all states
- *Some payment methods may incur additional fees
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