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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: May 06, 2024
CARCHEX Car Warranty
4.6 / 5 - Excellent
#4 in Car Warranties
ForeverCar Auto Warranty
4.5 / 5 - Excellent
no_rank
vs

Key Facts

Get started today for as low as $99

  • 24/7 Roadside Assistance, Courtesy Towing, Rental Cars, Fuel Delivery & more
  • Choose your repair facility
  • 30-day money-back guarantee
  • BBB Accredited with A+ Rating
  • Call for free quote
  • 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
Plans & Service Contracts4.5/54.5/5
Claims & Repairs4.5/54.5/5
Reputation5.0/54.5/5

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
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: ForeverCar states that its limit of liability is the cost to repair or replace any covered breakdown; but in no event shall this cost exceed the average retail value of your car, as determined by the NADA (Official Used Car Guide) at the time of loss. Total payout cannot exceed the retail value of the car.

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
Carchex
vs
ForeverCar

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
No
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
Yes
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
2.4 out of 5
4.8 out of 5
BBB Rating
A+
A+
Date Collected
2018-12-13
2021-02-23

Contact & Additional Information

 CarchexForeverCar
Homepage URL
Company Phone
(877) 227-2439
(844) 392-4797
Headquarters Address
118 Shawan Road, Suite 210, Baltimore, MD, 21030
954 West Washington Boulevard Suite 340, Chicago, IL, 60607
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: Reputation. Both companies score similarly on Coverage, Plans & Service Contracts, and Claims & Repairs.


Customer Comments & Reviews

cstevensmil
5/19/2021
CARCHEX Car Warranty review
Mu husband is a master senior tech but we purchased a plan for our daughters car when she graduated college because she potentially would move farther away. The plan paid for itself! We have not had to fight for any repairs. Handled very professionally. Looking to buy another plan as I write this.


John M
5/10/2021
ForeverCar Auto Warranty review
I have not reached the waiting period of 1000 miles but why do I have to make monthly payments?


Rachel W
10/4/2019
CARCHEX Car Warranty review
I had problems with the administrator of my policy. Carchex got involved and resolved the issue.


C
Craig l
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
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.