Compare Carchex vs. ForeverCar Car Warranties

What’s the difference between CARCHEX Car Warranty and ForeverCar Auto Warranty? See how our editors compare the two companies below.
Last Updated: January 16, 2018
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CARCHEX Car Warranty
9.8 / 10 - Excellent
#2 in Car Warranties
ForeverCar Auto Warranty
9.0 / 10 - Excellent
no_rank
vs

Key Facts

  • Wide selection of extended warranty plans
  • 150,000 miles
  • 10 year vehicles
  • Corporate credit card payments
  • 30 day money back guarantee
  • Deductibles 
  • Vehicles more than 90,000 miles
  • Best price guarantee
  • Does not cover pre-existing conditions
  • Waiting period
  • Cancel anytime
  • Rental car reimbursement
  • Unlimited claims or up to $15,000

OVERALL RATINGS

 CarchexForeverCar
Coverage10/109/10
Service Contract10/109/10
Claims & Repairs9/109/10
Reputation10/109/10

Coverage Overview

Key Facts

 CarchexForeverCar
Plan Types
Powertrain Coverage
Named Component Coverage
Exclusionary Coverage
Powertrain Coverage
Named Component Coverage
Exclusionary Coverage
Types of Vehicles Covered
New
Pre-Owned
Limit of Liability: Single Claim Limit - the trade-in value of the vehicle; Aggregate Limit - the vehicle purchase price or the NADA retail value of the vehicle at the time of the current repair.
Limit of Liability: Total payout varies between $12,000 to $15,000

Coverage Compared

Powertrain Coverage

Carchex
vs
ForeverCar
  • Engine
  • Transmission
  • Drive Axle Assembly
  • Engine
  • Transmission
  • Drive Axle Assembly

Specialty Coverage

Carchex
vs
ForeverCar
  • Commercial / Business Use
  • Hybrid / Electric Vehicle Components
  • Windshield Repair
  • Key Loss / Damage Protection
  • Factory Navigational System
  • High Tech Electronic Components
  • Key Loss / Damage Protection

Component Coverage

Carchex
vs
ForeverCar
  • Factory Air Conditioner
  • Brakes
  • Engine Cooling System
  • Electrical Components
  • Front & Rear Suspension
  • Fuel System
  • Steering
  • Factory Air Conditioner
  • Brakes
  • Engine Cooling System
  • Electrical Components
  • Front & Rear Suspension
  • Fuel System
  • Steering

Additional Benefits

Carchex
vs
ForeverCar
  • Substitute Transportation
  • Trip Interruption
  • Roadside Assistance
  • Substitute Transportation
  • Trip Interruption
  • Roadside Assistance

Exclusions

For a full list of Carchex exclusions, check out http://docs.carchexcdn.net/coverages/CARCHEXcare-Royal-Sample.pdf

Claims & Repairs

Claims

 CarchexForeverCar
Deductible Options
$50, $100, $200
$50,$100
Maintenance Records Required for Service?
Yes
Yes
Waiting Period
30 days and 1,000 miles
30 days/1,000 miles or 90 days/200 miles

Repairs & Service

 CarchexForeverCar
Repair Facility Selection
In-Network Only
In-Network Only
Number of Mechanics
30,000

Service Contract Details

Contract Details

 CarchexForeverCar
Contract Length
7 years; vehicle age, mileage, state, and other restrictions may apply
48 months or 100,000 miles
Vehicle Inspection Required for Contract?
No
No
Transferability of Warranty?
Yes

Sample Contract

Carchex provides a sample contract for potential customers on its website: http://docs.carchexcdn.net/coverages/CARCHEXcare-Royal-Sample.pdf

Company Reputations

Company Details

 CarchexForeverCar
Year Founded
1999
2011
Vehicle Protection Association Member?

Customer Reviews

 CarchexForeverCar
TrustPilot Rating
8.6 out of 10
9.2 out of 10
BBB Rating
A+
A+
BBB Positive Reviews
47
2
BBB Neutral Reviews
1
0
BBB Negative Reviews
17
3
Date Collected
2017-09-28

Contact & Additional Information

 CarchexForeverCar
Homepage URL
Company Phone
(877) 227-2439
Headquarters Address
118 Shawan Road, Suite 210, Baltimore, MD, 21030
Mailing Address
118 Shawan Road, Suite 210, Baltimore, MD, 21030

Final Verdict

CARCHEX Car Warranty has a higher overall rating than ForeverCar Auto Warranty. Carchex scores better than ForeverCar across: Coverage, Service Contract, and Reputation. Both companies score similarly on Claims & Repairs.


Customer Comments & Reviews

T
tom c
Palm Desert, California
3/9/2017
CARCHEX Car Warranty review
everything was very professional


B
Bruce
Germantown, Maryland
3/9/2017
CARCHEX Car Warranty review
Karen Bowers made me feel like we were neighbors or like I was a friend of her family. I've never felt so great about making a purchase! She was great and very understanding of my situation! Very friendly, upbeat and relatable!


C
Craig l
Greensboro, North Carolina
2/28/2017
CARCHEX Car Warranty review
Desha Jackson was very professional and knowledgeable of the products and was able to assist my wife and I. Thanks, Craig Little


M
michy g
Bedford, Texas
2/28/2017
CARCHEX Car Warranty review
I had the opportunity to work with this organization to provide an extended warranty for my vehicle. The agent was very customer focused and knowledgeable about their programs. He validated what state I live in and noted that I work as a contractor who travels. The program that he presented was a great fit for my vehicle's age and condition. The pricing was also affordable.