Are car repair plans such as Car Shield and Endurance worthwhile? CarShield and Endurance are popular providers of vehicle service contracts (extended warranties) that cover major repair costs after a manufacturer's warranty expires. They offer tiered plans focusing on powertrain, comprehensive or specialized coverage, with added perks like roadside assistance. Endurance often edges out for customer service, while CarShield suits high-mileage or luxury vehicles better. Plan Options Endurance provides 12 plans, including exclusionary "bumper-to-bumper" options like Supreme and tiered coverage such as Secure (powertrain) or Superior (hundreds of components). CarShield has 7 plans, from basic Silver (powertrain plus water pump) to Diamond (near-exclusionary) and unique Aluminum for electronics. Feature Endurance CarShield Plan Count 12 7 Max Mileage Unlimit...
Investment and economic observations by N. Russell Wayne, CFP, MBA. Mr. Wayne is the president of Sound Asset Management, inc. and former Managing Editor of The Value Line Investment Survey.