Posts Tagged ‘Auto Warranty’

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.

Finding a Cheap Auto Warranty Online

Thursday, March 18th, 2010

There are different types of auto warranty you can get, and depending on where you go and how much you are willing to spend on your warranty you can either get just a few specific parts covered or get a bumper-to-bumper auto warranty that covers pretty much everything. To find a cheap auto warranty so you can get the best deal for your money, start by making a list of the top companies you could head to for a warranty. You can take a look in your local phonebook or go online and make things that much easier on yourself. If you want to find a cheap auto warranty you have to keep in mind that the actual cost of the warranty is not all you should be concerned with.

One of the aspects of a vehicle warranty is that it actually adds value to your automobile. If you were to sell your car, the unexpired part of the auto warranty contract actually has a value that can be estimated and included in the overall value of your car. So even if you were to sell your car in the middle of the auto warranty contract, you are unlikely to lose out. Just because you may find one warranty that is less money than another that does not automatically mean it is the better deal. You also need to make sure you are aware of exactly what each warranty covers if you want to find a cheap auto warranty that is worth your money.

There are some great comparison sites and review sites online you can check out which will be helpful with this. These are going to make the whole process as quick and easy as possible for you. You simply give them the information once and they will do the work of comparing all the different quotes and finding you a cheap auto warranty that you can afford. A lot of people skimp out on their auto warranty, figuring that they will never need it or that it is just a waste of money because if something does not happen to their car, they are still paying that money out for no reason. The thing is, it is always better to be safe rather than sorry.