I thought the factory sponsored extended warranties were pretty trustworthy?
A friend of mine bought a Chrysler lifetime extended warranty on a 2500 he bought 9 or 10 years ago when they still offered that, and uses his truck to tow car trailers all over the country, with over 300,000 miles on the truck he’s gotten a new transmission and new engine already out of that warranty and I believe his transmission failed again recently so he may have gotten a second one by now.
One stipulation is that the work must be done at a CJDR dealer, I know that.
I got screwed on an aftermarket warranty I found out when I took the car in when its auxiliary water pump went bad. Also the A pillar leaked when it rained. I took it to a dealer, they called me the next day and said “your warranty company denied your repairs, it doesn’t cover leaks”. I guess by that definition, if my transmission failed, they’d have denied that due to leaking ATF when it failed?
I canceled the warranty right after that and got a pro rated refund, but still lost hundreds on that rip off warranty!!
Good thing I canceled it other than the fact it was apparently good for nothing, that company went bankrupt less than a year after I got my pro rated refund.
I‘ve heard lots of stories about how Car Shields fine print allows them to deny many if not most claims.
So yeah, no aftermarket car warranties for me again, ever!