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How Much Should You Pay for an Extended Auto Warranty

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Auto Warranty in Arkansas

Arkansas MapArkansas drivers who are planning to purchase a car would be wise to study the provisions of auto warranties. Auto warranties are all slightly different and may cover different parts and components of the vehicle, so understanding them and reading the fine print is crucial to making a wise decision.

Most auto warranties cover up to a certain mileage, such as 36,000 miles or 100,000 miles. According to the provisions of the warranty, any covered items that need repair before that mileage is reached will have the repair paid for by the company issuing the warranty. Major repairs include the engine and transmission. Many warranties offer coverage on the electrical components. A good warranty should provide coverage on the labor and parts.

How much do auto warranties cost? That depends on the make and model of the vehicle. A Honda is one of the cheapest vehicles to provide a warranty on, most likely due to their reputation as being a reliable make of vehicle. Auto warranties on a Honda cost anywhere from $1,200 - $2,800 per year. A Lexus, on the other hand, could cost anywhere from $2,500 - $3,800. Although the price for an auto warranty may seem high, many people who had one in place when it came time to replace the engine or the transmission were grateful for the money that was saved.

Before purchasing an auto warranty, the buyer should understand how the warranty works. Can the buyer have the car serviced at any authorized repair center, or will the warranty require that the vehicle be taken back to the dealer's lot where it was purchased? This could be an important factor if the vehicle is being purchased in a different town, if the buyer moves, or the vehicle breaks down on a trip. The buyer should read the contract and understand the requirements before making any decisions.

Many car buyers in Arkansas have found they make the best decision on auto warranties when they learn about them before making the purchase.

 

BMW buyer, you're on your own

When Tanya Pampalone was told her car's warranty was up five months before it was due, she had a hard time finding out why. That's when she delved into the world of dodgy motor industry practices wher...

Published:  Mon, 14 Jan 2019 23:55:00 GMT



Kia Could Leverage the 2020 Telluride with SEMA-Inspired Accessories but it Could Go a Step Further

Kia brought its flagship SUV, the Telluride, at the Detroit Auto Show earlier this week ... accessories fitted from the factory without having to worry about voiding the warranty! For your information ...

Published:  Thu, 17 Jan 2019 21:00:00 GMT



Northwest Arkansas Dealership Loses Lawsuit, Has to Pay Ferrari Buyer $5.8 Million in Damages

A Mercedes-Benz dealership in Northwest Arkansas has been ... possible issue with the car. So, Adeli did the only thing he could do. He sued them for a breach of warranty, fraud, and deceptive ...

Published:  Thu, 03 Jan 2019 19:12:00 GMT



Ferrari buyer duped by Arkansas dealer wins US$5.8 million in court

A man who was defrauded by an Arkansas dealership in ... claiming the car had been sold "as-is," he filed suit for breach of warranty, fraud and deceptive trade practices.

Published:  Thu, 03 Jan 2019 07:45:00 GMT



2017 Land Rover Discovery Td6 Four Seasons Wrap: Sad to See It Go

The theoretically sticky rubber was a nonissue across the rest of Arkansas ... that should never happen-let alone on a vehicle that stickered at almost 80 grand (the correct glass was swapped in under ...

Published:  Wed, 19 Dec 2018 07:11:00 GMT



Bankrupt U.S. Fidelis owners agree to settlement on extended auto warranty business practices

The business practices of U.S. Fidelis, which operated as National Auto Warranty Services and Dealer Services until ... In addition to Washington, the following states took part in the settlement: Ark...

Published:  Mon, 08 Nov 2010 15:06:00 GMT



Siding Warranty Woes

A warranty issue has one Arkansas woman seeking a solution by suggesting legislation. One of the key considerations when you're thinking about investing in a new roof, a swimming pool, a new car or an...

Published:  Fri, 15 Feb 2013 20:39:00 GMT



CES For The Auto Industry: Digital Technologies To Steer Your Car Into An Immersive Experience

Passenger Experience - Warner Brothers, Disney, Lego And Atom Are In The Car Honda's Dream Drive team had a tablet-based passenger experience platform that integrates partners like Lego, Disney and ot...

Published:  Mon, 14 Jan 2019 05:14:00 GMT



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