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How Much Should You Pay for an Extended Auto Warranty

Tips on Purchasing an Auto Warranty Plan

When to Buy an Extended Auto Warranty Plan

 

Top Consumer Reviews Articles

TopConsumerReviews.com provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

When to Buy An Extended Auto Warranty Plan

New cars generally come with a warranty. Typically, that warranty will expire after a specified number of years or a specified number of miles, whichever comes first. An extended warranty is actually a service contract that helps cover the cost of repairs after the manufacturer's warranty expires. Purchasing one or not purchasing is strictly up to the buyer. When to purchase an extended warranty is also up to the buyer. You can purchase an auto extended warranty at any time.

One option is to purchase an extended warranty when purchasing the car. This offers a couple of advantages. First, it gives you negotiating power to ask for a lower price on the cost of the extended warranty. After all, the dealer wants to sell the car and will make more profit from the sale of the car than from the sale of the extended warranty. Chances are, if he has to come down on the price of the extended warranty in order to sell the car, he will. Other advantages include being able to roll the cost of the extended warranty into the financing for the car and spreading the payments out over time rather than paying for the extended warranty in one lump sum.

Extended warranties do not have to be purchased with the car. In fact, since an extended warranty is a service contract, it can be purchased either during the life of your manufacturer's warranty or after that warranty has expired. Be aware though that you may end up paying more for an extended warranty if you do wait until the manufacturer's warranty expires.

These warranties can be purchased through a variety of companies. Both manufacturers and third-party dealers sell extended auto warranties.

Before making the decision on when to buy an extended warranty, go online and research what your options are. Price and coverage will vary depending on a variety of factors. Duration of the warranty, extent of covers and warranty dealer will all affect price. Make sure you compare the duration, coverage and price of any warranties you are interested in purchasing.

Be sure to also read any fine print before purchasing and look for other differences between policies which may affect price. For instance, look for differences in deductible amounts, whether there are limits on where you can get the car fixed and whether the warranty is transferable to a new owner if you sell the car before the warranty expires.

Purchasing an extended warranty can be a smart investment on a new or a used car. Be sure to go online and do your research before purchasing an extended warranty so you get the best deal you can.

Are Extended Car Warranties Worth It?

It's a big choice that many vehicle owners face after the new car factory warranty has expired: Should you extend the warranty for extra peace of mind? Extended car warranties have many benefits under ...

Published:  Thu, 12 Sep 2019 14:20:00 GMT



Car Doctor: Some factory warranties are transferable

Q: My sister gifted me her 2017 Nissan Rouge, which had only 10,000 miles on it. She had purchased the vehicle from a dealer when it had a little over 1,000 miles on it. The dealer included a warranty ...

Published:  Fri, 13 Sep 2019 19:53:18 GMT



What Do I Do If An Inspection Reveals Issues On A Used Car?

This week we are talking about issued revealed on a used car inspection, lift kits voiding warranties, and how long it should take a dealer to locate a vehicle. First up, what is the best course ...

Published:  Fri, 13 Sep 2019 08:03:00 GMT



Drivers Real Time Millage Warranty Tracking developed for Auto Service Centers

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Published:  Fri, 13 Sep 2019 22:04:00 GMT



Sun City woman tries to get refund from car warranty company

A Sun City woman said she was promised a refund after she no longer needed a car warranty but when the check didn't show up she called 3 On Your Side.

Published:  Wed, 11 Sep 2019 21:56:00 GMT



Kia's Factory Warranty

Read more. The South Korean automaker, Kia, may not be one of the better-known automakers around, but its factory warranty is something that is sure to stand out among the rest. Compared to the number ...

Published:  Thu, 12 Sep 2019 14:19:00 GMT



First Shift: Calif. lawmakers pass bill to alter dealer warranty, recall reimbursement rate

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Published:  Thu, 12 Sep 2019 05:27:00 GMT



DealerPolicy Study Shows Car Buyers Looking to Purchase Auto Insurance as Part of Car Buying Process

The study revealed that car buyers want to see competing insurance ... they would use the cost savings to purchase a nicer vehicle or a warranty or other F&I products. "Traditionally, dealers ...

Published:  Wed, 11 Sep 2019 12:42:00 GMT



Sun City woman owed car warranty refund

3 ON YOUR SIDE (3TV) - Katie Coombs considers herself a good driver. Seven months earlier, when she bought the Cadillac, Coombs also purchased a warranty protection plan. But back in April, Coombs' ...

Published:  Wed, 11 Sep 2019 21:30:00 GMT



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