Auto Warranty News

Car warranty refers to a particular kind of service, which encapsulates the repair and maintenance cost of the vehicle. The car warranty is offered by the dealer in association with a third party vendor on an outsourced basis. All dealers are bound by law to offer a warranty. Any dealer, who fails to issue a warranty to the car, can be taken to court a deficient service.
There are flexible options for car warranties. There are two main categories of warranties. They include the original warranty for brand new cars and an after-market auto warranty for used cars. Both offer different types of services and the prices of the packages vary depending on the choice made by you.

Normally, a warranty covers the repairs and maintenance cost of the drive train, power train, engine, mechanical faults, braking system and power steering. However, the warranty does not cover the price of replacing expensive spare parts.
There is another category of car warranties. It is called the bumper-to-bumper warranty. It takes care of the entire car, almost equivalent to the life insurance of the car. Most car owners prefer this category since it is flexible. Review at least five packages from different service providers before selecting the package. Always choose a package that offers flexibility.

It comes as a surprise to most that their car starts getting mechanical failures as soon as the original factory warranty comes to an end. The pile of bills just keeps getting higher and higher and there is no way out of it. To avoid these most people go for a car warranty. The warranty ensures that you will have not only the peace of mind of knowing that should there be any mechanical failure in the car it can be easily repaired, but also that you can take it 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 warranty nearly covers most of the costs of repairs from dead batteries to mechanical failures.

 

Nowadays another new trend is being set by the companies offering car warranties in order to ensure more customers. Some of the car warranty companies now provide their customers with free of charge transportation in case their car breaks down on the freeways. Now those who are stuck on the highways do not have to wait tirelessly for a Good Samaritan to help them.

 

Any vehicle whether it is a BMW or a Mercedes can breakdown at any given time. It is simply impossible to make sure that the vehicle will not have a breakdown when you want it to be running smoothly. Every vehicle repair will put a strain on your resources. Then why not have an auto warranty to save the cash? An auto warranty helps you with unforeseen repairs whether you are across town or across country. A normal auto warranty usually covers wear and tear failure, hi-tech electrical coverage, freedom to choose the mechanic and many other customized features.

Today it is extremely easy to find an excellent auto warranty for your car. Different companies offer different kind of warranties. It all depends on the year of manufacturing, mileage, make and/or model of the vehicle. The Coverage varies from 3 months to 14 years and from 3,000 miles to 170,000 miles. No matter which option you choose, each of our warranties will give you all the benefits you want and at an affordable price. And at just a cost of pennies you can easily save yourself from unexpected outflow of cash that you have been saving for some other purpose.

Most of the manufacturers of a vehicle offer a warranty with the purchase of the vehicle. Unfortunately the warranty is limited to a certain time period or a limit of mileage. After the manufacturers warranty expires all the repairing and unexpected breakdown costs have to be paid by the buyer of the vehicle. Maintenance cost keeps on rising higher and higher and you need to keep shelling out money to pay for the repairs. In such cases the best option is an After Market Auto Warranty. The aftermarket auto warranty program takes effect when the warranty period of the new car expires. With this aftermarket auto warranty program, various dealers of auto companies have experienced significant customer growth.

Many think that car insurance can fulfill this purpose, but this is not the case. Most of the car insurances cover costs in case of an accident and have an entirely separate option of maintenance and repair coverage. Opting for an After Market Auto Warranty seems to be an intelligent choice since these warranties can actually get you a discounted cost on repairs or spare parts that need to be replaced, which will save you more money in the long run.

 

While a car warranty would provide coverage for your car in cases of repairs and maintenance, it is important to remember that a car warranty is not the same as an insurance coverage.  Car warranties work by aiding the vehicle owner in the cost of maintenance and repairs on the vehicle, but only so long as the parts that are covered are those that are being replaced or repaired.  Car warranties are very tricky documents because even though a warranty contract says that your vehicle is fully covered, a lot of things can still go wrong in a claim for re-imbursement or vehicle repair assistance.
Of the many problems that may arise during a claim at a car warranty dealership or service provider, one of the most common is that you are not covered for the type of claim that you are making.  Some car warranties provide bumper to bumper coverage.  This is the highest level of coverage that most services offer, and it covers everything in your car besides the wear and tear.  The catch is however to ensure that the parts not covered are listed, because what you may consider as being included, your warranty company may have listed in the wear and tear non-covered section.

The aftermarket auto warranty is the warranty that you must buy from a service provider if you wish to get coverage on a vehicle that currently has none, or if you simply wish to extend the coverage period and coverage benefits to your vehicle.  While other warranties are issued free of charge by the manufacturers, dealers, or person who sells the car, the aftermarket auto warranty is an independent warranty that you can buy anywhere; it is not limited to the people who sell you the car.

When purchasing an aftermarket auto warranty however, there are certain things you need to consider.  Because it is a warranty that you must purchase, you should make sure that you obtain a money-back guarantee for a period agreeable upon by both parties.  This is because you need to ensure that the warranty is right for you and that it covers what you need covered in your car.  The best time to review the warranty is once you leave the service provider.  This is because the dealer usually tells you what you need to hear to buy the warranty, but may leave out certain other vital information that you would not pick up on unless you were fully knowledgeable in the matter.

When one thinks of the auto warranty, it is either the new car warranty that comes to mind or the extended warranty.  The new car warranty is the first warranty that any vehicle would ever carry – it is the warranty that comes from the manufacturer of the car or at least from the approved car dealership company (approved here simply means that the manufacturer would have given permission to the car dealer to sell on its behalf).  The new car warranty provides a range of coverage for your new vehicle that would be valid for a certain number of years.  New car warranties however specify that only the manufacture or the car dealership company or any listed auto repair shops approved by the dealer are allowed to service or perform repairs on your new vehicle.

The used auto warranty is a warranty that is not as comprehensive as the new car warranty, and it is usually valid for shorter time periods that the new car warranty is.  Extended warranties are best used in such cases to both extend the parts of the vehicle covered by the warranty and to lengthen the time period that the warranty would be valid for.

 

While car warranties are not necessary by law (at least in some states), and while you can very well get along without a car warranty, the purpose of a car warranty is to save you money during times when your car would need servicing or repairing.  While auto insurance is made to cover you and your car against accidental damages, it does not cover the basic wear and tear damages of your car that occur from day to day.  You might be thinking that these repairs are minor, that you do not need car warranty coverage to assist you here.  But think instead about the money that you would have spent to maintain your car for a total of three years, and now think if you had saved that money instead, what you could be doing with it – a vacation, new rims, even put it towards your retirement fund!

 

How do you save money?  If your car is a new car, then most often it is automatically included with the purchase.  And all your repairs (check the actual term of coverage though) would be covered by your manufacturer for the time specified.

 

The aftermarket auto warranty is also known as a warranty.  It is the only warranty that can be used to fill the gaps or limitations imposed or left by other types of warranties.  However this comes at a price.  While you should never be asked to pay for a new car warranty, the aftermarket auto warranty has to be purchased – that is the only way that you can gain coverage from an aftermarket auto warranty. This warranty has also been referred to as a service contract – you get what you pay for out of the contract and nothing more or nothing less.

 

The aftermarket auto warranty is able to extend the coverage period of an existing warranty like the new car warranty or the used car warranty.  For example, if your used car warranty is to expire some six months after the date of purchase, then you could purchase an aftermarket auto warranty for an additional three years.  Note however that the aftermarket warranty can only become valid once the original warranty coverage period has passed in such a case. 

 

An Auto warranty is a very essential service for all vehicle owners. Just as important as it is to insure yourself in the event of a major emergency, it is just as important to have coverage for your vehicle in the case of an unexpected emergency.

 

Auto warranties can provide coverage to your vehicle for times of repairs – whether your vehicle has broken down or simply whether you took it in for a servicing.  Auto warranties are numerous, and so can the coverage that is provided by them.  For some auto warranties you would have to pay an additional cost for coverage (these are the extended warranties, also considered the equivalent of the warranty service contract), while some you are automatically covered for by state laws (lemon law and the limited law with specific reference to used cars) or by the vehicle manufacturers (new car warranties or manufacturer’s warranties).  Some warranties provide full coverage and others will only cover you for the basic packages (breakdown repairs versus wear and tear repairs, power train coverage versus bumper to bumper coverage).

 

Irregardless of the type of auto warranty that you have or whether or not you purchased yours, in the end, warranty coverage will save you hundreds if not thousands of dollars worth of repairs or replacements on your vehicle.