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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


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Auto Warranty in Iowa

Iowa MapCar buyers in Iowa may feel pressured by the dealer from whom the car is being purchased to include an auto warranty into the principal of the loan. While this is sometimes a wise plan, more often the buyer ends up paying interest on the auto warranty and putting more money into the lender's pocket. It is usually better to purchase the auto warranty separate from the purchase of the vehicle.

While dealers may offer the best warranties, it pays to shop around before signing on the dotted line for an auto warranty. In general, dealers use high-pressure techniques to convince a buyer to add the cost of a warranty onto the price of the vehicle. If the vehicle is brand new, it is already covered with a factory warranty so the purchase of additional coverage is unnecessary. If the vehicle is used, it may or may not have an existing warranty in place. A buyer needs to be aware of whether there are already coverage provisions on the vehicle.

If a buyer is considering an auto warranty through the dealer, the buyer should ask if the auto warranty is through the maker of the vehicle or through a separate company. Many car manufacturers do offer warranty plans, and there are also many reputable online auto warranty companies. Before agreeing to any specific company, the buyer should research the reputation of the business with the BBB. All auto warranty companies considered should have an A rating with the BBB. Any businesses that are not BBB accredited should not be considered.

In addition to researching the reputation, the individual needs to understand the requirements of the policy in the event of repairs. Will the vehicle need to return to the dealership where it was purchased, or can the driver choose where the vehicle is serviced? This alone could be crucial if the driver is from out of town or plans to move to another state.

Iowa residents can make the car buying process a little less stressful if armed with auto warranty information before the deal is made.


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Published:  Mon, 21 May 2018 15:07:00 GMT

iA Financial Group Expands Its Car Dealer Business to the US

This acquisition more than doubles the scale of the Company's vehicle warranty business. In 2016, iA Financial Group reported direct written premiums of $197 million from vehicle warranties in Canada. With the addition of DAC in the US, combined premiums ...

Published:  Thu, 21 Sep 2017 08:47:00 GMT

Bremer County courthouse news

warranty claim. N&L Properties LLC, Denver, v. Dominick Klusman, Waverly, collection for four months' unpaid rent, late fees, partially unpaid security deposit, failure to fulfill lease, cleaning, hauling and landfill fees. State of Iowa v. Brandon ...

Published:  Sat, 30 Dec 2017 22:25:00 GMT

Tracking Down Auto Warranty Callers

Schumer held a news conference to complain about car warranty telemarketing calls ... of the consumer protection division in Iowa, told The Times in November that consumers need to be wary of some warranty providers. "A number of these companies tend ...

Published:  Tue, 12 May 2009 08:12:00 GMT

What to do if you get an offer for an extended auto warranty by mail or over the phone

Credexx did business as Auto One Warranty and Auto One Warranty Specialists ... and Washington have filed lawsuits against Credexx in their local courts. Iowa, Idaho, Kansas, Pennsylvania, Texas, Ohio, North Carolina, Wisconsin, and Washington are suing ...

Published:  Fri, 30 Apr 2010 04:19:00 GMT

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