6 Best Used Car Warranties of 2023

Carchex covers the most component repairs of all company plans we reviewed. Its top-tier Titanium plans provide breakdown protection for 16 of the 17 components on our target list. This includes parts controlling emissions and high-tech electronics, which were rarely covered by competitor plans. As a result, Carchex offers the best bumper-to-bumper used car warranty. 

Carchex also covered the oldest vehicles in our study, offering warranties on cars that are up to 25 years old, and you can set up used car warranties with coverage for up to seven years or 250,000 miles of driving. The company offers five different tiers of coverage, which break down into 22 total possibilities to choose from.

But Carchex does have some drawbacks. Premiums are not the cheapest and instant online quotes aren’t available—you need to enter your information so an agent can contact you.

• Top-tier plan (for a 2021 Toyota Camry LE with 30,000 miles in the 33101 zip code): $90.61 per month, waiting period of 20 days/500 miles
• Mid-level plan (for a 2015 Toyota Camry LE with 70,000 miles in the 33101 zip code): $121.90 per month, $0 down payment, waiting period of 20 days/500 miles
• High mileage plan (for a 2009 Toyota Camry LE with 150,000 miles in the 33101 zip code): $86 per month, $0 down payment, waiting period of 20 days/500 miles

• 24/7 roadside assistance
• Courtesy towing
• Rental cars
• Fuel delivery
• Trip interruption service

If you expect to hold onto your used car for many years, Toco Warranty offers the longest-lasting coverage of the warranty companies we reviewed. In fact, its plans do not expire based on time. They last until you’ve driven 250,000 miles or decide to end the coverage yourself. Plans are competitively priced and do not require a down payment.

Where Toco Warranty falls short is in plan variety. Only four options are available. You also can’t choose between different tiers or levels of coverage—coverage is determined based on miles driven. If your car has over 200,000 miles, Toco Warranty offers minimal coverage of just 4 key components. In addition, Toco Warranty plans have a 90 day/1000 mile waiting period, which is the longest of the companies we reviewed.

Toco Warranty could be the best aftermarket used car warranty if you expect to keep your car long-term and don’t expect to go over 250,000 miles. Just be aware of the lack of coverage for many parts if your used car is high-mileage when you apply. 

• Top-tier plans (for a 2021 Toyota Camry LE with 30,000 miles in the 33101 zip code): $79 per month, $0 down payment, waiting period of 90 days/1,000 miles
• Mid-level plans (for a 2015 Toyota Camry LE with 70,000 miles in the 33101 zip code): $69 per month, $0 down payment, waiting period of 90 days/1,000 miles
• High mileage vehicles (for a 2009 Toyota Camry LE with 150,000 miles in the 33101 zip code): $78 per month, $78 down payment, waiting period of 90 days/1,000 miles

• Towing
• Rental cars
• Hotels
• Fuel delivery
• Jump-starts, locksmith, and tire changes

Forever Car strikes a good balance between coverage and cost. Its cheapest plans cover 11 vehicle components, which is more components relative to the competition’s cheapest plans. In fact, top-tier plans at many competitors cover only 12 components, while bottom-tier plans cover far less. Forever Car provides 16 plans to choose from and you can get instant quotes online. Plus, plans do not require a down payment, and you can drive as much as you want as there are no mileage limits.

But there’s a reason Forever Car can offer warranties at a low cost. It only covers cars that are 10 years old or less, contracts only last up to 36 months. and high mileage plans are not available. If you’re OK with these restrictions and looking for a quality deal, Forever Car could be the answer.

• Top-tier plans (for a 2021 Toyota Camry LE with 30,000 miles in the 33101 zip code): $66 per month, $0 down payment, waiting period of 30 days/500 miles
• Mid-level plans (for a 2015 Toyota Camry LE with 70,000 miles in the 33101 zip code): $70.94 per month, $0 down payment, waiting period of 30 days/500 miles
• High mileage vehicles (for a 2009 Toyota Camry LE with 150,000 miles in the 33101 zip code): N/A

• 24/7 emergency roadside assistance
• Rental cars
• Emergency travel expense reimbursement

If you’d like to cover your used car as soon as possible, Olive offers used car warranties with no waiting period. As soon as you qualify, your car is covered. To speed things up, you can apply for quotes and apply online through the website. Olive’s rates are also extremely competitive, especially for its top-tier plans. Plans do not require a down payment, though you could owe a deductible after an accident.

In exchange for immediate coverage, Olive doesn’t offer coverage as comprehensive as its competitors. Top-tier plans only cover eight major car parts, while lower-cost plans are even skimpier. You can only sign up with Olive if your used car is less than 10 years old and has fewer than 185,000 miles. Once you qualify, contracts last up to 36 months or until you’ve driven 185,000 miles, whichever comes first. But if you need coverage quickly and don’t mind these downsides, Olive is a reasonable choice for a low-cost warranty.

• Top-tier plans (for a 2021 Toyota Camry LE with 30,000 miles in the 33101 zip code): $22.08 per month, $0 down payment, no waiting period
• Mid-level plans (for a 2015 Toyota Camry LE with 70,000 miles in the 33101 zip code): $60.84 per month, $0 down payment, no waiting period
• High mileage vehicles (for a 2009 Toyota Camry LE with 150,000 miles in the 33101 zip code): N/A

• Towing
• Car rental

Protect My Car had the smoothest process for getting a used car warranty quote. Once you enter the year, make, and model of your vehicle along with your contact information, the website generates an instant quote—without needing to talk to an agent. Other positives include respectable coverage across all plan types, plus contracts that last up to 48 months.

On the other hand, you pay more for convenience with Protect My Car. Rates are somewhat higher than competitors and all plans require a down payment. Plus, coverage is limited to 100,000 miles once you purchase.

• Top-tier plans (for a 2021 Toyota Camry LE with 30,000 miles in the 33101 zip code): $128.23 per month, $99 down payment, 30 days/1,000 miles
• Mid-level plans (for a 2015 Toyota Camry LE with 70,000 miles in the 33101 zip code): $134 per month, $79 down payment, 30 days/1,000 miles
• High mileage vehicles (for a 2009 Toyota Camry LE with 150,000 miles in the 33101 zip code): $168 per month, $99 down payment, 30 days/1,000 miles

• 24/7 roadside assistance
• Gas assistance
• Locksmith and flat tires
• Free oil changes and tire rotations
• Reward points for discounts at other retailers

If you have a high mileage vehicle, Endurance could be your best option for a used car warranty. The company accepts cars with any mileage and vehicle age is limited to 20 years, which is relatively high, considering that the maximum we encountered was 25 years. Coverage is also excellent across all plan types and warranties can last up to seven years. Plus, it offers add-ons not seen with competitors, like tire replacement after damage, replacement of lost key fobs/car keys, and reimbursements after an accident. 

But plans are more expensive and require a down payment. And Endurance only covers your car for 125,000 miles, something to consider if you drive frequently. One other drawback is that you can’t get a used car warranty quote online.

• Top-tier plans (for a 2021 Toyota Camry LE with 30,000 miles in the 33101 zip code): $170.43 per month, $20 down payment, 30 days/1,000 miles
• Mid-level plans (for a 2015 Toyota Camry LE with 70,000 miles in the 33101 zip code): $113.33 per month, $190.43 down payment, 30 days/1,000 miles
• High mileage vehicles (for a 2009 Toyota Camry LE with 150,000 miles in the 33101 zip code): $179 per month, $199 down payment, 30 days/1,000 miles

• 24/7 roadside assistance
• Tire replacement after road hazards
• Key fob and car key replacement
• $500 for repairs after an accident
• $1,000 in coverage for a replacement vehicle after a total loss