The Most Crucial Factors to Consider When Shopping for an Extended Auto Warranty
Keep these things in mind to get the best warranty possible...
All too often, people jump the gun on purchasing an extended warranty for their vehicle. There are a few things you need to consider before you go to autowarrantysavings.com and shop for the best auto extended warranties.
What to look for in a extended warranty?
When you own a car be it used or new, it is likely you will have a number of costly mechanical breakdowns. Therefore, you need to consider auto warranty to save time and money...
1. DON'T let your dealership talk you into extended warranty. First get a free quote and then compare with your dealer's offering. Get free quote from autowarrantysavings.com
2. Get a warranty coverage which cover both mechanical break down and wear & tear.
3. Make sure your warranty coverage is transferable when you sell the vehicle or transfer your lease.
1) Be sure you get a warranty that either has no deductible or a single deductible per trip. Some warranties treat each individual part as a separate repair, charging you a deductible for each one. Often a mechanic will need to change several parts before eliminating a problem. This is pretty standard in certain situations where the problem area can be pinpointed, but not the precise problem part. It's easy to see how this can quickly add up to a fortune for you. Make certain that the warranty you choose is one that treats any number of individual repairs in a given trip to the shop as a single deductible trip - or even better, for a little more money, get a warranty that has no deductible at all.
2) Verify that the warranty you're buying covers 'wear and tear' repairs. 'Wear and tear' refers to that everyday stress that normal use puts on your car. In the warranty world, all repairs are considered either mechanical breakdown repairs or 'wear and tear' repairs. Your goal is to get a warranty that covers both. The danger to you financially is that your warranty company could reject your claims if they judge your repair to be normal 'wear and tear' - leaving YOU stuck with the bill. Avoid this danger altogether by simply verifying that any warranty you're considering covers both mechanical failure and 'wear and tear'.
3) This is the biggie: Don't EVER let a salesperson pressure into purchasing your extended warranty through the dealership. The fact of the matter is that car dealerships don't warrant anything. A new vehicle has a bumper to bumper warranty for a given period from the manufacturer of that car, any extended warranty is purchased through a third party. In other words, all a car dealer does is purchase and extended warranty, mark it up, then sell it at a profit to their customer. Don't throw your money away. Be an informed shopper and buy your own warranty. Not only does it save money, you get to shop at your leisure to get exactly the terms you are looking for in a warranty without the pressure of people trying to push you to sign the paper before you can take that new car home.
Getting a great warranty can be a simple matter when you know what you're looking for:
- A warranty that either has no deductible, or a one-deductible-per-trip policy
- A warranty that covers BOTH mechanical failure and 'wear and tear'
- A warranty from autowarrantysavings.com, that saves you that dealer markup