As Cars Have Become More Reliable Auto Warranties Have Actually Become More Affordable Than Ever
|Average Cost to replace transmission||$1,500|
Remember, it only takes ONE car failure that is covered by your extended warranty and it more than pays for itself!
BUT, you need to avoid car warranty scams that are going around. If they call your phone and you can’t find any information about them online, stay away! There are also many car warranty myths that you should check out before you buy that policy from the person on the phone or through that website.
Another question to ask yourself is what parts are covered by the auto warranty? You don’t want to be driving around thinking belts and hoses are protected if they aren’t. There are different kinds of warranties, including “wear and tear” and also “mechanical breakdown” warranties, so make sure you choose the one you need for your vehicle.
There are many steps you can take to make sure you keep your warranty valid as well. But there are some things that MOST warranties will NEVER cover. For instance, because of the typical quick wear that occurs to the exhaust and the materials, it is near impossible to get a warranty on the exhaust system.
Repair shop rates across the country are only going up, and they are going up fast. No matter what make or model car you have, chances are you are going to have to put some money into it for repairs, and it’s better to realize that BEFORE something happens. Since you know that repair costs are only going up, doesn’t it just make sense to get a low rate on a car warranty now that will also give you some peace of mind.
Some people will try to tell you that used car warranties are a big scam. These are usually people who either bought the cheapest policy they could find from a sleezy company or they simply bought the wrong kind of coverage for their vehicle and misunderstood what would be covered and what wouldn’t be. But the happiest consumer is the most informed one, and that’s what we will help you with in this report.
You NEED to be informed before making a purchase like this, just like you were before you bought your car, hopefully. Check out some questions to ask about the warranty before you buy, and also know what type of warranty you need.
What a GOOD Auto Warranty Will Offer You:
Free Road Side Assitance and Towing.
You never know where you are going to break down and any car warranty company worth it’s good name will offer free towing. This alone can cost over $200 depending on where you need to be towed.
Free Lock Out Assistance:
This really has nothing to do with breaking down, but it is a handy feature that some warranties will offer you. Any time you lock your keys in your car, it’s a bad thing, and it’s not a planned thing, so having this free service along with your warranty will be a life-saver when you have to use it.
Free Car Rental:
A lot of dealerships say they offer this, but I have read too many horror stories of people having to pony up the cash themselves after renting a car for a few days while their car was in the shop. So make sure you read the fine print. A good company will give you the money for any car rentals you have to make because of wear and tear or mechanical breakdown of your vehicle.
This can vary from company to company, but some warranties will charge you a deductible every time you go to the shop. These are usually some of the cheaper contracts, but you can also make sure that you never have to pay a dime. Read the contract details or ask for a $0 deductible. If the company does not offer one, it’s time to move on.
When you sign up for an automobile waranty you want it to be effective that very minute and not a few weeks from then. Most offer this, but it’s another thing to watch out for with those shady companies.
A Used Car Warranty is Able to be Transferred to a New Owner:
You might say, “Hey, why do I need a warranty that will be able to be transferred to someone else? If it’s not my car any more what do I care?” Well you WILL care when it’s time to sell that car and a HUGE selling point is that this used car in your driveway has a warranty on it that the new owner can use as well. Most private sellers do not offer warranties so you will have an edge when selling and can even incorporate that into the price.
100% Money back Guarantee:
The good warranties will give you all of your money back if you have not made any claims within 60 days. Sometimes this time frame is less, but I would never trust a warranty that would not give me my money back. There might be a reason they won’t give the money back, and that’s because they are in the hole and are acting more like a ponzi scheme.
Pays the Mechanic Directly and Not “Promises” to Pay:
Believe it or not, with a good used car warranty you will not have to pay the repair shop and then wait for a check in the mail. They will pay the shop directly (make sure you call them first) and you can just sit back and relax. Never trust a company that will promise to pay and then uses every excuse in the book not to. Knowing it’s paid for in advance is the only security in this situation.
Don’t get ripped off by a used car warranty dealer:
Yes, we believe getting a good car warranty is a great idea, but you have to be careful of some shady companies out there. You really should be asking questions like the ones below:
- Does the extended warranty pay the repair shop directly?
- Will they give you a free rental car
- Is it a nation wide company that covers you across the country?
- Do they offer free road side assistance and lock out assistance?
There are a few great companies where you can buy your car warranty directly and that’s what we recommend.
Try getting a free quote from www.DirectSaleWarranty.com here and you can save over 60% compared to other places I have seen. In fact, first time customers receive $200 on their auto warranty.
People that have made the decision to purchase a new vehicle may be wondering if they should also purchase an extended car warranty. This is a very common question for people that want to know that their automobile will be covered if anything should happen while they own the car. While considering an extended warranty may be a good idea for many, it is always best to determine what it will actually cover before you decide to pay for it. This article will explain what may and may not be covered when you purchase this type of warranty.
You may not realize it but the parts on your car may not always break. There are times when they will simply be worn down and need to be replaced for that reason. Therefore, the type of auto warranty that you have purchased will determine if the parts are covered or not. For example, if you have purchased a “broken” warranty then only parts that have actually broken would be covered. However, if your automobile warranty is a “wear and tear” warranty it would most likely cover parts that are simply worn down and need to be replaced before they break. It is always a great idea to specify which type of warranty you are considering purchasing in order to clarify this.
Another thing that you will want to find out is if the used car warranty will cover any bulletins that come from the manufacturer related to your vehicle. You would like to know if any issues that may come up dealing with your car will be covered. For example, if the car company determines that there is a complication with the breaking system on your make and model of car you would like to know that it will be covered. This will save you from needing to pay for the repairs that need to be made.
What most people do not know is that many vehicle warranties will not cover any service bulletins that are issued by the manufacturers. Because there are generally dozens of service bulletins related to cars, it is nice to know that your warranty will cover them. The fact that they do not is a loophole that can be avoided if you know what you are looking for and you know what to ask about when you are considering purchasing an extended car warranty for your vehicle.