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      November 18, 2018

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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.

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The 30-year-old tour pro's car had recently been called in under warranty to replace the engine. Days later, Mack found himself in a nightmare scenario with his life in danger on a Central Florida hig...

Published:  Sat, 17 Nov 2018 18:30:00 GMT



Should you buy the actual cars auto journalists have tested

I would seek out an ordinary off-lease car under a Certified Pre-owned (CPO) program. It will have had a normal service life, had the bugs complained about and fixed by the original lessee, and be und...

Published:  Thu, 15 Nov 2018 09:00:00 GMT



Do Banks Require a Service Contract For a Used Car

However, a car can have cosmetic issues ... It's possible there is a defect at the factory and the warranty would kick in. Also, I'm not sure how your service would be impacted by a lawsuit ...

Published:  Fri, 16 Nov 2018 06:13:00 GMT



Amazon Discounts Smartphones, Car Charging Accessories, and More for Today Only

Amazon Discounts Smartphones, Car Charging Accessories, and More for Today Only. These deals are for today only, so make sure to get on these immediately. LG Electronics LGUS998U V30+ Factory Unlocked ...

Published:  Mon, 12 Nov 2018 08:03:00 GMT



Hyundai Failed To Honor Sonata Warranties, Drivers Say

When they used their Hyundai dealership again, they were not told the previous work at other shops would raise warranty or maintenance issues. In March and May, both the DCT gear actuator and the tran...

Published:  Fri, 09 Nov 2018 13:32:00 GMT



Pinellas Park car dealership cited by DMV shuts down, customers in a lurch

They say they also discovered their contract didn't include $5,800 they put toward the car, including their $3,000 down payment and $1,880 for a warranty and money for tires and a battery. Palmer says ...

Published:  Fri, 09 Nov 2018 12:51:00 GMT



Performance Car Best Buy of 2019

fast and still every-day companionable while costing thousands less than the average transaction price of a car these days deserves Best Buy status. The 10-year/100,000-mile drivetrain warranty offere...

Published:  Mon, 12 Nov 2018 09:55:00 GMT



SORL Auto Parts Announces Third Quarter Record High Sales in 2018

ZHEJIANG, China, Nov. 14, 2018 /PRNewswire/ -- SORL Auto Parts, Inc. (NASDAQ ... However, the growing pool of vehicles beyond their warranty periods and our marketing efforts have continued to create ...

Published:  Wed, 14 Nov 2018 12:28:00 GMT



Best Time To Buy A Car The Holiday Season Might Be One

Related: How the internet changes car buying. Always verify - through an independent ... Another good question to ask is warranty: is there still a balance of the factory warranty, or does the dealer ...

Published:  Sat, 17 Nov 2018 08:30:00 GMT



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