April 17th, 2007 by Darren Dunner
Most of the new cars are provided with limited warranty that expires after a fixed period of time or after a predetermined number of miles. For example an auto dealer can provide limited warranty on a vehicle for 5 to 7 years or 50,000 miles which ever comes first.
Once this limited warranty expires, then the maintenance of the vehicle and all the repairs are your responsibility and the company now has nothing to do with the damage that occurs. In such a situation people choose extended auto warranties for added security.
These extended auto warranties will last for few years depending on the plan you choose. The coverage area includes body damage, engine problems, as well as other technical and accidental problems that the car faces in the time period of the warranty. You can also get your car covered by giving a one time fee.
The best way to choose an extended warranty is to compare the programs that are available in the market. Remember that dealership plans can vary from dealer to dealer. Thus if you are considering a dealership plan, you must compare it with other plans in the market that you can get directly from a company without going into dealerships.
April 17th, 2007 by Darren Dunner
Auto warranties are not something that you should niavely buy on impulse while you’re at the at the car dealer. You must do research of the contract and understand the terms and conditions of the warranty before signing up the papers. Many a times customers figure out that their warranty isn’t as good as they orginally thought because they assumed they would be covered under the program.
The actual pain of these under performing cars that are bought at a dealer is felt when the foreseeable repairs start piling up. Car owners look for some sort of relief from their warranty. Once your predetermined time period for the factory warranty gets over, you have to go for extended warranty schemes.
As an auto warranty tip, you must select an extended scheme for which you can pay back the bills of repairs.
Thus it is always recommended to approach a decent extended warranty program once your factory warranty is over and out. These extended warranties can cover what you want them to like the troubles of blown tires, dead batteries, or other disasters which need external help from a mechanic or an emergency breakdown service. You will be assured that there is someone to look after the damages that your car experiences. Thus it is always better to have a warranty programsunder your belt.
April 17th, 2007 by Darren Dunner
A brand new car that is bought from the dealer is covered by the factory warranty. This factory warranty covers the damages or small repairs that are needed by your vehicle within the warranty period. The factory warranty covers your vehicle for a limited time or a predetermined amount of months or years or within a designated amount of mileage. The warranty expires if any one of these conditions is fulfilled. Once this factory warranty expires, you can purchase an extended warranty. This warranty will cover the repair cost of your car for a limited amount of time or a predetermined mileage, whichever comes first. After the original factory warranty expires, you may choose to purchase an extended warranty.
After market auto warranties are warranty programs that are not provided by the factory from which you have purchased the vehicle. You must select a dealer to get these warranties as they can provide you with extended service. Before actually going for any program, do a market research and once you have all your facts, approach the best dealer that will provide you that service. Once you get an after market warranty, then your vehicle is under the recovery plan of the dealer and he will be liable to all the expenses in case of repairs.
April 16th, 2007 by Darren Dunner
When you buy a brand new car from the showroom, the car comes with a manufactures warranty. This warranty usually covers the repair cost of your car within a predetermined time frame or mileage. However, once this warranty expires, you still need some coverage for your car. Then this is the time to opt for an Aftermarket Auto Warranty. This warranty comes from a third party and gives comprehensive coverage.
The Aftermarket Warranty can be bought from a dealer or as mentioned earlier from a third-party company. However, it is advisable to buy the warranty from the same dealer as they will ensure the warranty. But such warranty can be expensive and do not have a wide range of coverage like the coverage from the third-party companies. At times such warranties from the dealers have markup as high as $800-$1,200, while providing less coverage. Again some third-party companies may be part of under-funded, risk-retention groups. They have the risk of not covering your warranty eventually and you may loose money and time to fight them out. It is better you check with the Better Business Bureau to identify the best deal for you and also to ensure the authenticity of various Aftermarket Auto Warranty. Make sure that you are dealing with an A+ rated company while purchasing such warranty.
April 16th, 2007 by Darren Dunner
Buying a new car is both an exhilarating experience as well as a time for cautious buying. This is so true when it comes to the New Car Warranty, without which a car can be less desirable to the buyer.
What is a car warranty? It is primarily a guarantee provided by the manufacturer to the buyer, ensuring the car is free from all defects and if any repair needs to be done the manufacturer will repair or replace any defective part at no extra cost. But the warranty is valid for a limited period or a limited distance traveled by the car. Also certain conditions need to be ensured.
All the new vehicles sold in the United States are by default comes with a two warranties. Some manufacturers also extend the roadside assistance. The major types of New Car Warranty available in the market are:
Basic Warranty: This covers all aspects of the car except the items that depreciates in the normal; course of the usage. This includes oil and air filters, wiper blades and brake pads. Tires and batteries are not given in the basic warranty but is covered under the individual manufacturers warranty.
Drive Train Warranty: This warranty is usually provided after the expiration of the basic warranty. This covers the main parts of the car like engine, transmission, drive axles and driveshaft. Also covered are the pistons and bearings.
Rust or Corrosion Warranty: This warranty is related to the car’s sheet metal and protects the damage caused by rust and corrosion.
Roadside Assistance: As mentioned earlier, some manufacturers also provide the roadside assistance. This will help you get immediate emergency service when you may experience breakdown. But be sure that you do your due dilligence and check the service terms before opting for this warranty.
April 16th, 2007 by Darren Dunner
Used cars can be great bargains. Especially for the first time car buyers. However, any car owner needs to protect their investment from any unforseen situation. The best option is to choose a Used Car Warranty. It is vital for your peace of mind and it will help your car to remain hassle free for a long time. Further more, you will not be under any financial pressure since these warranties are very affordable.
Used Car Warranty is also covered by laws of the state to help protect the consumers from any shady deals or unwarranted situations. Though the law may vary from state to state, the basic rules remain the same. They are as follows:
1. The new customer should have paid a price for the vehicle between $1,000 and $3,000.
2. The vehicle purchased cannot be older than 2 to 6 years.
3. The car must be used for only personal use. Family and household use is also considered.
Based on the above mentioned clauses, the used car dealer must provide free service to repair any damages for up to 30 days from the date of purchase of the car. The limit can however be up to 1,500 miles. It depends which comes first, 30 days or 1,500 miles. But for cars which are bought at prices higher than $3, 000 the limit changes to 60 days or 3,000 miles whichever is earlier.
The warranty is effective and practical for all the used car owners.
April 15th, 2007 by Darren Dunner
When you buy a car the dealer offers you a factory warranty for a limited period of time. This covers the repairs for a predetermined period or mileage whichever happens first. What happens at the end of it? You could easily buy an extended warranty for your car which would get you coverage for repairs.
Either the dealers or third party companies could offer you the extended warranty. Any agreement of warranty from a service provider other than the car dealer is an aftermarket car warranty.
Now the question is how to find the right aftermarket car warranty. You need to balance three important considerations – cost, coverage and service. Obtaining warranty from the dealer is the safest choice, as the dealer would definitely attend to all your concerns about the car. But the biggest deterrents are the high cost and low coverage.
While aftermarket warranties score because of low cost, one really needs to sift the hay from the chaff to zero in on reliable service companies. Refer to the trade publications like Better Business Bureau and get more information about the well-rated companies. Read the warranty agreement carefully for exclusion clauses as well as specific service requirements.
An aftermarket warranty could be a cost-effective solution for your car warranty needs but you need to be savvy enough to understand the contract fully before signing up for one.
April 15th, 2007 by Darren Dunner
When you begin looking for your new car, you need to keep in mind the warranty offers available. A car is a manufactured product and you as a consumer have a right to a reasonable assurance on the quality of workmanship. Every car manufacturer gives you an initial warranty covering a given period of time or mileage.
New car warranty has two types of coverage. In bumper-to-bumper, all products that wear out on a consistant basis like the brakes or tires are ignored while the engine and drive train coverage is quite comprehensive. In any case, you should balance cost as well as coverage.
Factory warranties are definitely more expensive but your car would get the professional attention from factory-trained technicians. That is a big plus for new cars. But, the only catch here could be the low or limited coverage and extensive exclusion clauses. Most manufacturers like to maintain exclusivity in handling warranty repairs in order to give good service.
Third-party warranties are cheaper but have a lot of procedural hassles. Moreover, many require you to pay upfront and claim reimbursement. Also, you run the risk of losing coverage if the service provider goes out of business.
Therefore, it pays to read about the reliability of the insurance company before entering into a warranty agreement. Pay special attention to the exclusion clauses as well as the specific service requirements.
April 15th, 2007 by Darren Dunner
Many of us have gone to used car dealers and wondered whether we should buy or not. The reason why we have not been able to convince ourselves whether we would be sure of the product that we are buying is because of peace of mind. Used car warranties give us some level of comfort that the product we are buying is good. Car warranty companies in conjuction with dealers, offer warranties on different parts of the vehicle such as the engine, transmission, drive axle, air conditioning, cooling and heating can all come under a warranty. The warranties have certain limitations and come with terms and conditions.
There are also many programs, which come under used car warranties. Some of the programs are car rental, which pays up to $30 per day, for a maximum of four days on repairs covered under this warranty agreement. There are some points that you need to take care of when you are dealing with a used car warranty provider. Always deal directly with the company and not any third parties who act on behalf of the company. Read the terms and conditions before signing the agreement and ensure that you get the best deal. Remember it is your hard earned money and you have to make the best use of it.
April 12th, 2007 by Darren Dunner
Aftermarket Auto Warranty is something, which is very important for the owner of a car. The accidents on roads are common. It will be quite a likely scenario for a car to be hit from the rear because the brakes of his or her car locks up and the car went out of control. Normally in similar situations people agree to get your car fixed for the damage caused by the other person in the accident.
The problem is that most of the people think that replacing a part of the car with aftermarket parts reduces the market value of the vehicle. People invest their hard earned cash to buy a new vehicle. It is a big problem for them if the original parts of the car are replaced by aftermarket parts.
Can aftermarket auto parts result in diminished value of the vehicle? Well, the answer is quite contrary here as far as a car dealer and insurance industry is concerned.
The car dealers feel they can quickly identify if the body of the car is original or not. They can tell you a difference during trade-in, incase the vehicle has aftermarket parts. After market auto parts may reduce the price value of the car.
On the contrary, people in insurance industry disagree with this perception. They feel it is quite unlikely for an insurance representative to point out the difference between aftermarket and original parts.
In this situation aftermarket warranty becomes very important for the customer. That is why lots of people are now opting for an aftermarket auto warranty.