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New Car Auto Warranty Costs

bmw.jpgAuto warranty claims in the automotive sector for new car warranties are up by less than 1% in the first three quarters of 2007.  When we compare this with the first three quarters of 2006 this is very good news.  In new car warranty claims it is a very small change.  Automobile manufacturers are very pleased about this trend. 

For all of the auto warranty providers who also manufacture new vehicles, thereby providing new car warranties, this industry sector is definitely in the black.  Hopefully this financial trend that seemed to begin in 2006 will continue in the future.  Auto warranty costs as a whole have been somewhat flat since back in 2004.

Posted in New Car Warranties

Vehicle Manufacturers Have To Make Auto Warranty Adjustments

suv.jpgThere’s no arguing that 2008 is a very important year for the automotive industry.  Consistent recalls, the fuel crisis, and many public-relations situations have automobile manufactures struggling to keep their customers loyal.  It will be interesting to watch during the year to see what makes and models can avoid a continuous downward slide of sales.

The auto warranty world will probably benefit from the manufacturers will as consumers will be far more concerned about adding new car warranties to their vehicles.  The auto warranty business has been on the incline for almost a decade now as a good extended warranty has become one of the most important purchases someone can make with their vehicle.

Feeling the effects of 2008’s potential lackluster automobile performance, vehicle manufacturers automobile warranty divisions may play a pivotal role in enticing customers to make a purchase.  Manufacturer’s warranties will now become an all-important incentive for new and used car buyers.  Customers simply will not be able to avoid considering what warranty coverage a particular company offers.  Many auto warranty providers are now making adjustments to fit in better with this new marketplace.

Posted in New Car Warranties

New Car Warranties Are A Prudent Investment

nc.jpgPurchasing a new vehicle can be very difficult decision.  Even the highest rated makes and models, occasionally disappointed a buyer.  Some of the most highly rated auto manufacturers simply cannot avoid an occasional manufacturer recall or production error.  Carefully consider the car’s reliability record by researching the vehicle’s customer satisfaction history.  It is rare that you can anticipate the precise reliability of an automobile, but doing some research on its history will give you the telltale signs of what to expect.  Internet sites like Edmunds and Kelley Blue Book accurately rate new and used vehicles and give you a good idea of what to expect.  This can also help you decide whether you should be considering new car warranties along with the vehicle purchase.  Even when they vehicle is very highly rated and has an excellent repair history a new car warranty is an excellent investment.

Buying new car warranties when purchasing a car or truck from a dealer protects the buyer from unforeseen repairs.  Most auto manufacturers offer extended auto warranties backed by the company though the pricing is usually quite high.  A much better deal can usually be found on and auto warranty by searching the Internet.  New vehicles are one of the largest investments a citizen can make and should always be protected by the right coverage.

Whether it be from a manufacturer or aftermarket auto warranty provider, don’t be caught in the lurch when your car breaks down and tries to eat away at your savings account.

Posted in New Car Warranties

Auto Warranty Solutions Aren’t Always Easy

car4.jpgContrary to huge investments in technology to reduce auto warranty costs and improve quality, auto warranty cost reduction has been quite elusive for many vehicle manufacturers.

One of the problems is that specific identification of the troublesome parts and less than desirable suppliers is a difficult and time consuming costly process. Automobile production, sales, and new car warranties create valuable data that could identify defective parts.  This data can not be fully used because it is too big to be cost effectively looked at by any data warehouse technology. The systems are made more complicated by constraints that make it difficult to cost effectively perform the analyses on data sets with speed and accuracy.

Posted in New Car Warranties

Auto Industry Trouble on the Horizon

nc.jpgThere’s no arguing that 2008 will probably be a rough year for the automotive industry.  The fuel crisis, numerous recalls, and a tough economy will have vehicle manufacturers struggling to stay in the black.  It will be interesting to watch what makes and models can survive the industry wide lack of sales and keep their nameplates at the top of the production list.

 

Another interesting story will be how automobile manufacturers will keep the impending sales declined from cutting into the profits of their auto warranty divisions.  Manufacturer’s warranties will need to be a large incentive for consumers in the market to buy a new car.  New car warranties are quite varied depending on the make and model of the vehicle and sometimes play a pivotal role in the consumer’s decision about one vehicle to purchase.

 

The aftermarket auto warranty programs will also have to adjust to the longer powertrain warranties that are now being offered on new vehicles.  Regardless, and auto warranty still remains one of the best investments you can make when buying a new or used car or truck.

Posted in New Car Warranties

Updated Hybrid Technology From Saab

saab.jpgRecently Saab debuted the worlds first completely hybrid car.  The vehicle Saab unveiled is the first fossil-fuel-free hybrid and it’s a convertible to boot. The car is called the BioPower Hybrid 9-3 convertible concept car. It is a giant leap in hybrid cars. This concept is based on using pure bioethonal instead of just a part bioethonal formula.

In addition, this biopower convertible has a “zero mode,” which is a button that enables the car to run from two very powerful batteries eliminating all emissions.  Even though while in “zero mode” the car’s maximum speed is limited, it has the ability to switch back automatically to the biofuel mode. 

Saab’s BioPower Hybrid also includes anew and natural step in the development of BioPower technology.  One challenge is how to fit this technology into the auto warranty market.  New car warranties are not currently structured for this.

Their turbochargers have been tuned to take advantage of the high octane rating of pure bioethanol so the engine can produce a solid 260 bhp and 375 Nm torque. Acceleration has been increased by two electric motors of the hybrid system. At low speed and take-off they can add a huge instant 785 Nm of torque helping to catapult you from zero to 100 in 6.9 seconds, faster than most diesel or gas-driven cars, but with zero fossil fuel emission.

Very exciting, I can hardly wait until they are actually developed to work in the “real world.” If Saab can deliver it sounds like a success story to me.

Posted in New Car Warranties

Are All Electric Cars In Your Future?

elec-car.jpgOwning a fuel-efficient Hybrid car is a great idea but one problem is that these cars still use gas or diesel engines.  With the batteries produced today they do not have enough energy to hold a charge long enough making people believe that all electric cars are in the future.

However, there is news of a new Ultra Battery. This smart new battery technology increases the life of the battery four times, and has more than twice the power. In the future this new UltraBattery could find its way into vehicle production as the answer to all electric cars.

Whether you buy a new gas powered vehicle or a Hybrid model, a good auto warranty is very important, and it’s worth doing some research to choose the best policy for you.  New car warranties cover repairs and maintenance from about three months up to five years. Follow the same auto warranty tips when purchasing a used vehicle, as there are many good used car warranties available.

Posted in New Car Warranties

Car Warranty Emissions Systems Being Challenged In California

emm.jpgSome major auto trade groups have taken the California Air Resources Board to court over a new regulation that would extend some warranties on vehicle emissions equipment.  They claim it will cost members billions of dollars.

The lawsuit, which was filed a week ago in California’s Superior Court, represents the aftermarket auto parts/service industry. Questioned is the rule recently approved that would extend the manufacturer’s warranties on emissions equipment to 10 years or 120,000 miles on new cars.

They claim that the regulation was designed to pressure automobile manufacturers into improving the quality of parts like catalytic converters & oxygen sensor.  This will only turn over a large share of California’s annual service budget to dealer-owned shops. Some drivers have a longer warranty and argue that it will be more likely that dealers will get the repair work whether they are covered by a warranty or not.

Some aftermarket auto warranties actually offer coverage for the emissions systems as a surcharged add-on.  This reinforces the reasoning that a good auto warranty is a basic necessity for new or used vehicles.  Most new car warranties and used car warranties alike offer some type of coverage for a vehicle’s emissions system.

Posted in New Car Warranties

Motor Oil-Facts Not Friction

 Motor Oil

Many people don’t know how to select motor oil that will get them optimum performance levels from their vehicles. People usually simply select the oil their parents used or they take the suggestion of a counter person at an auto parts store. There are many differences in motor oils and choosing the right one can have an impact on how well your vehicle runs. Selecting the right oil is a quick, cheap way to improve your vehicle’s performance.  Regardless of what type of oil you use, whether you have a new car or a used car you are still eventually going to face a major repair bill sooner or later. That is why an auto warranty is a necessity. A new car warranty or a used car warranty can provide its owner with peace of mind.  When auto repairs are necessary, the owners are protected from the high cost of automobile repairs. 

Two components determine how well motor oil will perform in your car. One factor is the base oil, and the other is the combination of chemicals (additives) that are added to the base oil. The two primary types of base oils used are mineral and synthetic. Mineral oils are by-products of refined crude oil. Refining helps reduce the impurities but leaves molecules of all shapes and sizes. Synthetic oils are manmade compounds whose molecules are all the same size and shape; consequently, synthetic oil has less friction and performs significantly better than mineral oils.

You Should Understand Your Auto Warranty

There are many factors that people think when they consider purchasing an auto warranty. When you go to dealers they they will try to convince you that the warranty tehy are selling is suitable for your car. But the thing that you should watch for is that most of the time a car is available with an auto warranty so there is no need to buy any. People think that dealers would not or could not provide any warranty on the product, which was not up to values. So, you buy your vehicle and get an auto warranty.  

You should know what all assistance and services does the company under the warranty provide. You should go through the warranties before purchasing any. Getting all the information regarding an auto warranty is very important before getting all the things done. Many people think that there is no need to read and gain information regarding the warranty. But this is something wrong; you will not be able to know the services and assistance that the company provides under the warranty. So you should be aware of all the things before you purchase any auto warranty.

Posted in New Car Warranties


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