Is protect my car worth it?

Protect My Car has an A+ rating from the BBB along with a customer rating of 4.4 out of 5.0 stars on the BBB website. The company also has a 4.6-star Trustpilot rating from over 2,400 drivers. These ratings are high, especially for the extended warranty industry.

Is protect my car legit?

Is Protect My Car legit? Yes, Protect My Car is a reputable extended warranty provider and has high customer ratings on Trustpilot and the BBB’s website. The company provides real repair cost coverage for vehicles no longer under a manufacturer’s warranty, and you can pay as little as $100 for needed repairs.

How much does protect my car cost?

Based on our research, Protect My Car costs between $58 and $79 per month on average or between $2,834 and $3,842 in total for a 4-year/unlimited mileage warranty. If you’re looking for the best deal overall, Protect My Car may not be the best option for you.

Are car warranties a waste of money?

Extended warranties are rarely worth your money. Products don’t break on their own, and when they do, the price of repairs is usually lower than what you’d spend on an extended warranty. … In most cases, it’s best to skip the extended warranty and use your extra cash to build up an emergency fund.

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Is it worth getting a car warranty?

Extended car warranties are worth it if you want your coverage to continue after your factory warranty expires. Without a warranty, you are left to cover repair costs on your own. An extended warranty can also be worth it if you value peace of mind when it comes to budgeting for repair costs.

Is protect insurance good?

Protect My Car has an A+ rating from the BBB along with a customer rating of 4.5 out of 5.0 stars on the BBB website. The company also has a 4.6-star Trustpilot rating from over 2,200 drivers. These ratings are high, especially for the extended warranty industry.

Is CarShield real?

CarShield is a legitimate company that has been providing vehicle service contracts for over 16 years and has earned a 4/5 rating from the consumer review on WalletHub, yet it has a history of complaints reported to the Better Business Bureau.

Should I Buy Car shield?

As our pick for Most Affordable third-party warranty provider, CarShield can be a good choice for drivers seeking low-cost coverage. The provider offers multiple coverage plans and month-to-month contracts, but buying any protection plan carries the risk of paying for services you may not need.

How much is car Shield monthly?

The simple answer is that a CarShield plan costs $129.99 per month, on average. That being said, their very basic, no frills plan begins at $99.99 per month. Your cost will vary greatly depending on the age and mileage of your car, and other factors that are specific to you.

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What is a good price for an extended car warranty?

What’s The Average Extended Car Warranty Cost? Based on our research, the average extended car warranty cost is about $2,550, though it can range from $1,000 to $4,500 or more depending on the plan.

Why should you never buy the extended warranty?

While it may sound like a good idea in theory, extended warranties often come with a high price tag and don’t necessarily cover everything that could go wrong. Plus, many people who buy extended warranties never use them. In that case, an extended warranty becomes a cost with no financial return.

Should u buy extended car warranty?

If you keep or lease your car for less than the length of your factory coverage, you do not — repeat, do not — need an extended warranty. If you plan on keeping your car until the wheels fall off, you might consider buying an extended warranty to cover repairs in the car’s fifth and sixth year or longer.

Should I buy extra warranty on a used car?

In general, we don’t recommend buying an extended warranty on a used car. … This means you’ll likely spend more on the extended warranty — $3,000 or more, in some cases — than any repair costs your car may accrue during the period when the warranty stays valid.

Is Gap Insurance Worth the money?

If there is any time during which you owe more on your car than it is currently worth, gap insurance can definitely be worth the money. If you put down less than 20% on a car, you’re wise to get gap insurance at least for the first couple of years you own it. By then, you should owe less on the car than it is worth.

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Is bumper to bumper warranty worth it?

Bumper-to-bumper extended warranties are worth it in that they offer the ultimate peace of mind. With comprehensive coverage, you won’t have to worry about covering costly repairs as your vehicle ages. However, bumper-to-bumper protection plans are often the most expensive coverage options.

What does bumper to bumper warranty not cover?

Parts not covered by a new vehicle bumper to bumper warranty are mainly wear items ie. parts of the vehicle that deteriorate through constant use. Not covered, are parts such as wipers, tires, brake pads, brake rotors, light bulbs, and window glass. … Racing or competing in the vehicle will also void the warranty.