Archive for the ‘Auto Warranties’ Category

Auto Warranty Companies Fight For Your Business

Thursday, September 23rd, 2010

The world of auto warranty companies is a fiercely competitive one. There are a limited number of cars on the road – granted, there are millions of them, and every one of them, at one point or still, has or had a warranty – but with the large number of companies fighting for the business of those drivers, it means that every car owner is the target of some very hungry sales reps. This can be quite a daunting position to be in for a car owner. Whether you are buying a new car from a dealership, or purchasing a used car, there will be people trying to sell you their warranty services.

In the dealership, you might run into a pushy sales person who will try everything they can to get you to sign on for an extended warranty when you make your initial purchase. There are benefits to buying at that time, including having the costs of the warranty rolled up into the financing for the car, and knowing that your dealership will continue to be the place to have any repairs or replacements done. But these comforts might end up costing you hundreds or thousands of dollars in the long run. Sales people make very large commissions on warranties, so they’re eager to get you to sign up for one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will have to pay more up-front with those third-party companies, instead of adding a small number to your monthly car payment bills. But it could very well save you money.

But just as not every car sales person is out to rip you off, not all third-party providers are good guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. If a company won’t let you review the warranty before you buy, don’t waste your time or money – it’s likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to gain you as a client, so use that to your advantage. Compare prices, look at all of the terms of the warranties offered, and tell the companies you speak with “hey, make me the best offer.” If they can’t, someone else will.

Auto Warranty For Your Car

Thursday, May 13th, 2010

When you get an extended warranty for you car, you will have not only the peace of mind of knowing that should there be any malfunction it can be summarily repaired, but also that you can take it in to the repair shop of your choice and have the cost of the claim covered by the company with whom you drafted the contract. The toll that both everyday or more strenuous driving can take on your automobile make it a inevitable truth that engine parts will wear down, heat will cause damage, and the once functioning mechanical components will breakdown. Having a comprehensive auto warranty will appease your worried mind not only during that frustrating time when your vehicle is not in working order, but more importantly, before and after it has been repaired, so that your brain can concentrate on thinking about more important things than whether you can afford to have your car out of commission.

An extended warranty can more or less cover anything you want it to cover, so that the unknown demons of blown tires, dead batteries, or other disasters which need the aid of a towing company, can be no longer a dreaded nightmare. As far as the repairs go, the company you buy your warranty from will offer you an array of choices for paying deductibles when you visit the repair shop. If you can afford it, and think it is in your best interest, then you can choose a zero deductible auto warranty so that you need never pay anything extra when you take you car in for a warranty-covered repair. The other option is to pay a per-visit rate, making it so that you pay a fixed deductible rate whenever you need a repair done on your car.

There’s always the concern of what to do when your car has to go into the shop to get fixed, and you still have to go about your daily business without it. Most auto warranties you get for your car will cover this obvious inconvenience, providing you with a much needed rental car free of expense, so that you won’t be unduly put out by your lack of a vehicle. Further, you’ll want to be sure that, in the event you sell your car before the contract of your comprehensive auto warranty is up, you can transfer the insurance to the new owner with as little transfer fees as possible. An added plus to this, of course, is that your used car will be of far higher value in the marketplace if it is still under warranty, which is an incentive to prospective buyers to buy from you instead of from some other bloke.

Getting a warranty for your car, whether extended or under a regular plan, can be an integral aspect of automobile ownership, not only for your own sanity, but for the sake of your pocketbook for years to come.

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