Extension Car Warranty
Car Extended Warranties – Don’t Think About Getting One Until You Read This!
If you think that buying a new car merely means finding a make, model, and color you can afford, think again. You are making an important investment and you need to think about a few other details, including the car warranty and coverage.
All new and some used cars are sold with a warranty. This means that the manufacturer is responsible for certain maintenance and repair costs if a malfunction happens within an established period of use of the vehicle. After the warranty has expired, you, the owner of the vehicle, are responsible for the cost of any maintenance and repair.
How an Extended Warranty Works
Some dealers will offer car extended warranties when you purchase a vehicle. This extension of the warranty can often costs less than it would if you bought it externally, so it is important to consider. The coverage of a warranty, which can range from wear-and-tear repairs and maintenance during the first 3 years or 36,000 miles, whichever comes first, and 10 years or 100,000 miles, whichever comes first, with extended coverage.
What Does it Cover?
Car extended warranties normally include all the same services as the original vehicle warranty, but for a longer period of time. According to the warranty, the manufacturer agrees to repair or replace any component of the vehicle which breaks or malfunctions during the specified periods. Be sure to carefully read the details of the coverage being offered, because some companies only cover major repairs or catastrophic damage, whereas others may set limits.
Read the Fine Print
These manufacturer warranties actually don’t list all of the repairs and services which are covered, because that would take too long, so they are called exclusionary policies, specifying only what is not covered. Confirm, for example, that the cost of labor in eventual repairs is covered. If it is not, you may end up paying a significant amount out of pocket for this. Similarly, some auto warranties and many car extended warranties include car rental fee reimbursement, for the time period while your car is in the shop. If your regular or extended coverage does not pay for the temporary vehicle, think about what this may mean as an out of pocket expense for you.
How to Get the Most for Your Money
Vehicle warranties are supposed to provide you with peace of mind. For this to be true, be sure to buy such a warranty from a reputable company, because you do not want to be faced by the surprise that the company with whom you have a warranty plan cannot handle a claim properly. You can verify the reputation of a company by checking with the Better Business Bureau.
Don’t Let the Cheap Prices Fool You
A smart buyer knows that if it is very cheap, there must be a reason, so steer away from what may end up being a worthless expense. You would not, I’m sure, buy a worthless heap of a car either, so invest smartly in car extended warranties for your vehicle. Online options are plentiful, and the quotes are absolutely free, so spend a little time researching your options and listen to what the dealer proposes. You will be glad you did.
Now Pay Close Attention –
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About the Author
A service contract is a promise to perform (or pay for) certain repairs or services. Sometimes called an “extended warranty,” a service contract is not a warranty as defined by federal law. A service contract may be arranged at any time and always costs extra; a warranty comes with ONLY a new car and is included in the original price. A vehicle service contract used to be referred to as an “Extended Auto Warranty.” The separate and additional cost distinguishes a service contract from a warranty: Get Your 100% RISK-FREE QUOTE TODAY
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