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Colorado residents have many options when it comes to choosing an auto warranty company. Experts recommend shopping around before committing to any one company or policy. Although many dealerships offer auto warranties, a buyer may find a better deal through their insurance company. In a survey of those who purchased auto warranties, the most satisfied were those who bought a warranty that was backed by the auto-maker. There are many choices a buyer can select from.
When purchasing auto warranties, the best decisions are made when the buyer is not feeling pressured. Dealers often try to sell the convenience of including the coverage in the new car loan, but that means the buyer is paying interest on coverage that is already included in the factory warranty. A buyer can purchase extended warranty coverage after purchasing the car, if he or she feels that is necessary.
Many Colorado residents don't realize that they can bargain for a better price for their auto warranty. In a survey done of car owners who had purchased auto warranties, only a third of them tried to negotiate a better price. Most of them who did ask for a better deal were successful, saving about $325 per year. Often, buyers are under the impression that the auto warranty is a fixed price. This may not be the case and a better deal can be obtained.
One of the biggest mistakes made when purchasing an auto warranty is not reading the small print. Rather than taking the dealer's word for it, a buyer needs to read the contract carefully and understand the provisions before signing. A buyer should be able to explain to their spouse what is covered, as well as where to take the car for authorized service. Some warranties have restrictions on approved shops. The convenience of this should be carefully considered before making the decision to purchase the warranty.
Auto warranties should be carefully considered before purchasing. If purchased wisely, they can save the car owner thousands of dollars.
Auto Warranty In The News
Q: Delta Auto Protect, which handles my car warranty, owes me $1,018 for a claim on my 2010 GMC Acadia. I filed the claim six months ago and have been getting the runaround ever since. The company pro...
Published: Sun, 08 Jul 2018 07:34:00 GMT
The annual reports of most of the world's top passenger car and light truck manufacturers contain three essential metrics: the number of vehicles sold per year, the amount of warranty accruals made ea...
Published: Thu, 19 Jul 2018 17:58:00 GMT
From Auto Loans to Auto Warranties and Personal Loans, TopConsumerReviews.com delivers in-depth product evaluations in order to make purchasing decisions easier. SOURCE TopConsumerReviews.com, LLC
Published: Tue, 10 Jul 2018 08:01:00 GMT
This follows the industry trend for longer warranties. The cover will be included in the purchase price of the car, along with three years of servicing and five years of roadside assistance. Parts, lu...
Published: Wed, 11 Jul 2018 04:48:00 GMT
Car shows in recent years have been full of battery-powered ... is provided by a five-year/60,000-mile warranty with free scheduled maintenance and roadside assistance, five years of remote services a...
Published: Thu, 19 Jul 2018 04:06:00 GMT
Franchised car dealers can begin application of the 5-3-5 offer to applicable Alfa Romeo vehicles built from July 1. The Italian brand decided to extend its three-year warranty package to five years o...
Published: Tue, 10 Jul 2018 02:26:00 GMT
In response, Kia is offering full, lifetime-guaranteed resprays under warranty, free of charge. The report says the work will cost the company around $7,400 per car. Kia Australia COO Damien Meredith ...
Published: Sat, 14 Jul 2018 05:50:00 GMT
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