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If you have made the decision to purchase an auto warranty plan, there are some tips and strategies that will help you to get the best deal for your money. The first guideline is not to buy when under pressure. Car dealers in South Dakota will often try to sell the convenience of rolling coverage into a new-car loan, but that means you will be paying interest on your auto warranty policy. In addition, the new car should already be covered to some degree by the factory warranty, so you may be paying for coverage already provided by the manufacturer. Buying when under pressure doesn't allow you the time to research the credibility of the auto warranty company or to find out what the terms of the warranty are.
Experts say to be ready to bargain. Among those who purchase an auto warranty, only about a third of individuals are aware that they can try to negotiate a better price for the contract. Usually when people haggle for a better deal they are successful in obtaining reduced rates. Surveys show that those who bargain when looking for an auto warranty save over $300 as a result of their negotiations.
Another factor to keep in mind when looking for the best auto warranty is to shop around. Keep in mind that there are many providers that offer coverage other than dealerships. In fact, a buyer can usually find a better deal through an insurance company or an independent online provider. There are multiple businesses that offer auto warranty policies to vehicle owners.
Before signing, a buyer needs to read the fine print. Some auto warranties have surprising exclusions to their policy when it comes to what is covered and what isn't. Reading the warranty in its entirety will ensure that you know exactly what you are purchasing, eliminating unpleasant surprises down the road.
South Dakota residents would be wise to only purchase an auto warranty after taking the time to research the provisions of the plan and comparing policies between providers.
Auto Warranty In The News
DALLAS, Feb. 11, 2019 /PRNewswire/ -- The Amynta Group, an industry leading group of warranty, managing general agent and specialty risk companies, today announced that Adam Pope, President of its War...
Published: Mon, 11 Feb 2019 08:56:00 GMT
DETROIT (Reuters) - Auto leasing and financing company Xcelerate said on Thursday it has launched the first U.S. third-party extended warranties for electric vehicles, including those of market ...
Published: Thu, 14 Feb 2019 09:17:00 GMT
AutoPair Warranty, a leading auto warranty provider in Ontario, has introduced competitive pricing plans for extended car warranties or used car warranties. This service comes as a relief to vehicle o...
Published: Mon, 18 Feb 2019 05:02:00 GMT
After 7 On Your Side aired a story in November about a New Jersey woman who got billed for a car she didn't own, several other viewers wanted help solving their beefs with the same local car dealer.
Published: Fri, 08 Feb 2019 13:35:00 GMT
Is the As-Is a standard practice on a used car" It is common practice for used cars to be sold "as-is" especially if they are beyond their warranty period, but that doesn't seem to be the ...
Published: Fri, 15 Feb 2019 06:11:00 GMT
Readers often write me about car problems. Since I'm not an expert, I consult with the Automobile Protection Association, a well-known consumer group founded almost 50 years ago by Phil Edmonston (lat...
Published: Tue, 05 Feb 2019 03:54:55 GMT
One owner told The Drive that he took delivery of his car at the Tesla Store in Salt Lake City on December 10th, 2018, which had a high of 39 degrees that day. According to the owner, his delivery adv...
Published: Thu, 14 Feb 2019 08:14:00 GMT
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