Auto Warranty News

While one often has the unwitting tendency to think of a used car as being one that has passed through several owners and is now in a somewhat deplorable condition, used car can in fact are any vehicles that are not brand new.  Therefore, if a new car has been recently bought and resold within a few months of its initial purchase date, it would no longer be considered as a new car but in fact as a used car.  Regardless the used car still carries a valid manufacturer’s warranty or if it carries the regular used car warranty, the warranty is the used car owner’s best ally for as long as it is valid.  This is simply because the warranty provides a guarantee against defects that the used car owner may find in his car after the fact of the purchase.  And considering that the used car is in fact a used one, one would assume that it is highly more likely to be in need of repairs very often – whether it is because the former owner was careless in his or her maintenance of the vehicle, or simply because of the breakdown repairs on the used car.

   

An aftermarket auto warranty has the advantages of being able to both extend the life of an existing warranty and its coverage benefits.  It is therefore commonly referred to as the extended warranty.  The aftermarket auto warranty is one that, unlike the new or used auto warranty, must be purchased from a dealer.  The good thing about this purchase however is that you are not bound to purchase the aftermarket auto warranty from the same dealer as you bought your vehicle from, nor do you have to buy the aftermarket auto warranty in the very instance that you buy your vehicle.

When purchasing your aftermarket auto warranty, it is almost always advised not to purchase it from the dealership company where you bought your car – simply because dealers usually mark up the price of the warranty to exorbitant prices at your expense.  In addition, a dealer might try to impress upon you the importance of purchasing the warranty right then and there – do not be fooled.  This is only salesman talk to try to trick your money out of your hands.  The aftermarket auto warranty is merely an extension of a warranty that you would already have; and in the instances where it is to be used exclusively as your only warranty, remember that you could purchase it for more than half the price in some instances from independent dealers or providers.

After buying a car there are a number of recurring expenses that an owner has to bear. These expenses are related to the maintenance and servicing of the car. Whenever you travel by your car there always exist a risk that some or the other problem can creep in the car’s machinery. Car is a complicated machine and it is composed of a number of parts. There are always chances of some or the other part going wrong.

Money spent in getting the car fault corrected is only an extra expense.

Is there a way to get rid of this expense?

Yes, certainly there is. Whenever you buy a new car there is an option you can choose. This option is to get your car warranted. The new cars are warranted by a few companies against fees. This fee that is charged may appear to be big initially, but it certainly is an investment that would help you save lots of money that you will have to spent to get your car repaired.
The new car buyers can get this warranty done either through the dealer or directly through the company that is providing this facility. One should not miss this opportunity while buying a new car.

You certainly must have heard that there are companies that provide the warranty facility for the new cars. You might have a query; do these companies provide warranty for the used car as well?

Yes, there are a number of companies that are providing car warranties for the used cars. A used car has a higher risk associated with it in terms of the expenses that may be incurred in the car repairing and its maintenance. To help you buy a used car without any risk, and to cover the expenses that you may incur with the used car, you are provided with an option, and that is to get the used car warranted.

The charge for getting a used car warranted is comparatively higher as compared to the charges for getting the new cars warranted. The used car warranties are provided when you buy a used car. After purchase if you get the car warranted then you are reimbursed for the expenses that are incurred in getting the car corrected. Car warranty provides you with an added cushion so that your expenses in the form of car maintenance are cut down and you get higher savings.

The new car owners can get a facility that is known as the new car warranty that is aimed at providing a security with the new car.  The car warranty is meant to cover your expenses related to the car faults and the maintenance. There are a number of programs that vary in term of the duration of the warranty as well as the premium that is required to be paid at the time of buying the new car.

There are basically three factors that govern the initial cost that one would have to pay to get the car warranted. These three factors are the duration of the car warranty, the maximum cover and the cost of your car.

This is only a one time pay car warranty plan that would help you get a reimbursement for all the car expenses that you bear after you get the warranty done.
The car warranty providers have links with the car dealers, so that any person who is interested in getting the car warranty done can easily enrol for a particular plan. One may check the various plans available and should go with the one that is flexible as well as profitable.

The aftermarket auto warranty is a very good piece of coverage to have.  Some may find that it would be of no immediate benefit to them, but others would agree that it is the best thing they could have ever done for themselves and their vehicles.

The aftermarket auto warranty is one which offers the most flexibility than any other type of warranty.  Though it has to be purchased separately from the vehicle in question (often though final sale values reflect this inclusion), it provides such added benefits such as extended coverage either on the period of coverage, the mileage allowance of your coverage, or even the extent of your vehicle coverage itself.  For example, with the purchase of an aftermarket auto warranty you can convert a limited warranty into a fully comprehensive one; you can convert an eighteen month coverage into a thirty six month coverage, or you can even covert a ten thousand mile coverage limitation per year into a twenty thousand mile coverage per year.

Deciding whether or not the aftermarket auto warranty is for you simply depends on whether or not you stand to benefit the most from the additional types of coverage provided by the warranty.  Most people find that they do benefit from the aftermarket auto warranty in the long run.

While the used car warranty may not be one of the most comprehensive type warranties around, and while it may only cover your car for selected repair jobs, you must agree that it is still a very beneficial asset to have.

Consider for example a situation without your used car warranty you would have had to be putting out all the money yourself for servicing, repairs and replacements of parts in your used vehicle.  But with the used car warranty, even though for a large part you have to put out quite a lot of money from your own pockets, you can be assured that you would not be putting out the entire amount. 

The used car warranty usually provides selected coverage on specified parts of your car.  Therefore when a part other than that covered needs repairing or replacing, you must stand the cost yourself.  You would stand to benefit somewhat though whenever that part covered by your warranty needs repair or replacing – in such circumstances you do not have to fork out the cash yourself.  When purchasing a used car therefore, consider the used car warranty carefully and decide if the coverage you are getting is worth your while or not – if you can get the warranty to cover the parts of the car that are most expensive to repair and fix, then the better off it is for you.

Are you in dismay because your new car has suddenly developed an engine problem only six months after purchasing it?  Or probably you have only just started to notice certain kinks in your new car that were not there a few months ago.  I agree that these are indeed good cause for concern – but not if you have your new car warranty at hand.

The new car warranty should be able to cover the cost of repairs or replacement for your new car according to its stipulations so that you do not have to worry about this yourself.  All new car warranties should give you at least one year of coverage – some warranty coverage could extend from two years to even five years.  But regardless of the time limit on your coverage, you can be assured that at least the first year after purchase is covered by your new car warranty. 

Do not jump for joy yet, some warranties would provide full coverage while others would provide only limited coverage.  Also, some warranties could even specify the type of coverage that the new owner would be entitled to.  So before you start to fuss about which mechanic should do your repairs, check your new car warranty to confirm whether or not the type of repair that you require is covered – and if it is then take your car directly to the authorized car dealer for servicing and repairs.

The aftermarket auto warranty is most appreciated for its versatility for auto coverage and its flexibility in terms of purchasing.  It is in fact the only auto warranty that can be negotiated with, although it is also the only warranty for which you must pay for coverage.

The aftermarket auto warranty can be used in combination with any other type of warranty coverage, or it can be used as a stand-alone warranty for the vehicle without any coverage – hence the reason for its versatility.  If you have bought a used vehicle, for example, and you did not receive any warranty coverage with the purchase transaction, then you could simply invest in a suitable aftermarket auto warranty for coverage on you used vehicle.  Also, if you have purchased a vehicle whose existing warranty coverage is due to become void soon, then also the aftermarket auto warranty can be purchased to provide coverage beyond the existing warranty time period.

The flexibility that you obtain with the choice of the aftermarket auto warranty one is also a great bargaining tool during the purchase.  You are not bound to buy the warranty from a specific dealer – you can purchase the aftermarket auto warranty from any other service provider.  Likewise, you can negotiate the types of coverage that you want on your aftermarket auto warranty.

Although the used car warranty is one that should be automatically transferred along with the sale of the used car, often times the person buying the used car ends up with no warranty coverage at all. This may be due to the fact that the car purchase transaction may have been a private affair or that the person buying the vehicle is ignorant of the facts of the sale and gives the car dealer opportunity to take advantage of the situation.

All used car dealers are authorized to provide warranty coverage for the used car being sold to the unsuspecting buyer. The problem is that not many people are aware of this and they fall into the ‘as is’ trap. While the used car dealer is bound by law to include a used car warranty in any sale transaction of a used car that he may be involved in, he can get around the red tape by clearly stating upon the purchase of the vehicle that it is sold as is. Even if he does not take the time to explain any of this to you, so long as you agree to the purchase of the used vehicle which is advertised to be sold ‘as is’, you automatically forfeit all rights to hold that dealer accountable for a bad vehicle that he may have sold you.