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How Much Should You Pay for an Extended Auto Warranty

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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:  Tue, 11 Sep 2018 04:08:00 GMT

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Published:  Mon, 10 Sep 2018 10:24:00 GMT

Tracking Down Auto Warranty Callers

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

Attorney defends Denison auto dealer as Iowa DOT moves to revoke state licenses

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Published:  Sat, 26 May 2018 22:06:00 GMT

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

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

National coalition urges Sauk County Board to reject ATV road routes

The CFA leads a coalition of individuals and organizations dedicated to reducing off-road vehicle deaths. It includes professionals from institutions such as the University of Iowa's ATV Injury ... "S...

Published:  Wed, 19 Sep 2018 18:23:00 GMT

Western Iowa Car Dealer Loses License, Faces Charges After Alleged Fraudulent Practices

DENISON, Iowa -- A car dealer faces felony charges and is losing his vehicle ... The DOT says customers were paying for title transfers, warranty contracts, and protection plans, but that money was ke...

Published:  Tue, 22 May 2018 14:29:00 GMT

Chrysler voids warranty on `gray market' Canadian cars

Michigan tends to get a few, but it's just as likely to find them in Texas, Iowa, the Midwest." The New York state Consumer Protection Board is urging consumers to beware that the discount Chrysler th...

Published:  Sat, 01 Jun 2002 17:00:00 GMT

Denison dealership owner facing several charges

Now, this all started after customers were alleging that Adams was mishandling money from services related to vehicle purchases. According to the investigation led by the Iowa D-O-T money that custome...

Published:  Tue, 22 May 2018 12:45:00 GMT

Trump hits the 'deep state,' the 'left' and the media in aftermath of anonymous op-ed

Eric Trump shoots down UFO sighting at Trump golf course Agents at dairy farm that employed suspect in Iowa slaying Replay Video SETTINGS ... "The Deep State and the Left, and their vehicle, the Fake ...

Published:  Thu, 06 Sep 2018 05:00:00 GMT

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