Used Car Warranties

Most people who invest in used cars do so because they cannot afford the short-term costs of a new car.  But most often overlooked when buying a used car are the long-term costs associated with the maintenance of the vehicle. Consider carefully your options when shopping for a new and used car, and pay special attention to the difference in a new car warranty versus a used car warranty. Having a great warranty program can help save you money.

 

While a new car provides one with hassle-free maintenance for the first few years, a used car requires maintenance from the day it is bought.  A major factor to consider in a car’s maintenance is its warranty.  New cars come with factory warranties, which cover the wear and tear for most purposes, while the option of extended warranties are applicable to most, if not all, new car purchases.  On the other hand, a used car warranty does not offer the options of extended warranties nor does it cover extended periods of time (these are short term warranties only).  So while a used car might be warranted to cover a period of six months after ownership transfer, it is most likely that the car would have been maintained so that problems only begin to arise after nine months of usage.  Unfortunately then, it is the owner of the car to face the expenses, as warranties are no longer valid – as opposed to a new car warranty.

 If you have ever tried to get a used car warranty, you will realize exactly how difficult and time-consuming this is. 

 

With a used car warranty, mileage becomes a major factor in deciding whether or not you would be able to qualify for coverage.  Most companies that do offer used car warranties insert a mileage clause into their contracts which cover you up until a certain mileage, or not at all if you are over the mileage.  If you think that the mileage on a used car is the biggest issue, then you try finding a warranty to cover a used car over ten years old!  Practically impossible I tell you.  Nonetheless, it is only good business sense that companies would not want to cover vehicles over ten years old.

 

Apart from the mileage issue, another major problem with obtaining a used car warranty is the type of coverage that you can get.  Most service providers of used car warranties only offer bumper-to-bumper warranties.  This is the more popular warranty service provided, and it only covers your car against mechanical breakdowns.  Unfortunately, mechanical breakdowns are not the only things that can go wrong with your used car –you also need protection against the wear and tear on a used vehicle.  The good news is that this is not as difficult to obtain as it is to obtain a used car warranty for a ten year old vehicle!

So at last you have made the final move to purchase your dream car! You have always wanted to buy a new car. But wait! Have you taken care of the warranty period of your dream car? Any one knows that the warranty period offers the buyer coverage against the expenses in case of any mechanical breakdown. Moreover, if the purchaser finds any defects in the car from the manufacturer’s side, he has always the option of repairing it without paying a penny from his pocket. But all these aids come within the limited warranty period. What if your car experiences some mechanical difficulties after the warranty period is over? You will surely take it to the mechanic and fix the problems but fixing alone is able to burn a whole in your wallet. So what do you do? To make you free from all these frets appears in the scene aftermarket auto warranty.

Aftermarket auto warranty is provided by multitudes of companies. Their offers are different from one another’s. Check out all the offers they provide before making the final deal with one. Internet can save your precious time if you are interested to browse the various deals made by this type of companies.

An original warranty is a must for all car owners since there are many risks with purchasing a car. The warranty covers the repairs and maintenance aspects of the car. Usually, most dealers offer auto warranties at the time of the car’s purchase in association with a local company.

Used car warranty laws assume greater significance over the original warranty since the risk factors are so high. There are also cases of fraudulent used car warranties being offered to customers. Used car owners are protected under the Used Car Warranty Law, which is also known as the lemon law. The used car warranty law differs slightly from state to state.

A written warranty has to be offered to the car buyer clearly specifying the terms and conditions. No dealer has the right to sell the used car to a buyer without offering a warranty. The dealer also has to enter into a service contract with the buyer as part of the used car warranty.

The used car warranty law clearly states that the following parts should be covered as part of repairs and maintenance such as the engine, transmission, drive axle, steering set, ignition and other components. Makes sure that all aspects are covered in the used car warranty before purchasing the vehicle.

Aftermarket auto warranty refers to the warranty extended by any company to the car once the original warranty expires.

Original warranty is offered by the car dealer in association with a company. Usually, the original warranty is for a period of 36 months or for a fair distance covered by the vehicle. The original warranty is useful to the car owner in event of a mechanical failure, repairs or defects. However, the original warranty ceases once the expiry period is over.

This is where the aftermarket auto warranty becomes useful. The aftermarket auto warranty covers almost all the features offered in original auto warranty. It is offered for periods ranging from three months to 13 years or 3,000 miles onwards.

It is advisable to choose an aftermarket auto warranty since the benefits are immense. The aftermarket auto warranty takes care of all repairs and maintenance issues for an extended period of time. It is better if vehicle owners opt for lifetime aftermarket auto warranties. The benefits under a lifetime aftermarket auto warranty are greater. Roadside assistance, fuel delivery and towing benefits are part of the offer.

Most of the companies offering an original warranty also offer aftermarket auto warranties. Be sure to look over all the details before finalizing a suitable aftermarket auto warranty.

Most people who invest in used cars do so because they cannot afford the short-term costs of a new car.  But most often overlooked when buying a used car are the long-term costs associated with the purchase.  Consider carefully your options when next viewing new and used car options, and consider the differences in a new car warranty versus a used car warranty.

 

While a new car provides one with hassle-free maintenance for the first few years, a used car requires maintenance from the day it is bought.  A major factor to consider in a car’s maintenance is its warranty.  New cars come with factory warranties, which cover the wear and tear for most purposes, while the options of extended warranties are applicable

to most, if not all, new car purchases.  On the other hand, a used car warranty does not offer the options of extended warranties nor does it cover extended periods of time (these are short term warranties only).  So while a used car might be warranted to cover a period of six months after ownership transfer, it is most likely that the car would have been maintained so that problems only begin to arise after nine months of usage.  Unfortunately then, it is the owner of the car who will be responsible for the expenses, as

the warranty is no longer valid – as opposed to a new car warranty.

 

The first step you need to take when facing difficulties with your used car is to read your warranty documents carefully. This will give you a clear idea about the coverage of the warranty and whether it would cover the damages or not. In a number of cases, it might turn out that you misinterpret certain conditions or factors of your used car warranty.

 

After going through the used car warranty document, if you are confident that you are able to get coverage, then you can make an effort to resolve the issue by contacting your dealer. You can also send a copy directly to the manufacturer for further assistance, but do make sure that you send the letters by certified post with an appeal for a return receipt. By doing this, you can maintain a record of the letters that are sent and received.

 

You can also obtain help from local or state consumer protection offices by getting their opinion regarding your used car warranty. Such organizations help consumers by providing them with appropriate guidance for a very low fee. You can show them your warranty documents and they should be able to tell you what exactly you might be able to claim.

 

You save a lot of money when you buy a used car, but you should always ensure that you have a used car warranty to go with it, since a used car comes with its own drawbacks. In case you purchase an almost new car, then you might also get an original factory warranty along with it. This will give your car coverage for the remaining amount of time on the stipulated warranty from the period when it was originally bought. Make sure that you purchase a used car warranty the moment the factory warranty on your car expires.

 

We tend to strain our budget while buying a used car. So, it is necessary to keep a few things in mind while purchasing a used car from an individual seller. One should be as careful with buying a used car as if they with purchasing a house.

 

Precaution will guarantee that you are not cheated against buying a car that could be a financial nightmare. Proper terms and conditions should be read, as well as guidelines should be followed before the payment for the purchase is made. It should be checked that the used car fulfills all your requirements and maintains its resale value.

 

Always check that the car suits your expectations from its outer appearance and inner machineries. A car that has been declared as trash by some agencies and now rebuilt should not be considered at all. The authenticity of the registration plate, engine number and vehicle identification number should be ensured by checking the registration papers, log books and owner purchase papers. Make sure there are no signs of rust and repair on its body. The base of the car from underneath should be straight and clean. It would be ideal to have a mechanic check the engine and other mechanical parts. Make sure that the interior is clean and is not damaged in any manner.

 

With the help of extended car warranties, the resale value and security of a used car can be increased. A variety of used cars warranties are easily available today. Usually, extended car warranties can be purchased for a fixed period of two or six years or for predefined fixed miles. A person owning a car with an extended car warranty has the liberty to take his/her car to any service station approved by the company. The facility is very useful in the situation of an unforeseen car breakdown.

 

In the case of some warranties, the buyer needs to pay a deductible. Some warranties cover seat belts and airbags only for a fixed time or fixed miles covered by a car. The time limit for these warranties is usually five years and the fixed miles covered are about fifty thousand miles. The various types of extended auto warranties available in the market today are bumper to bumper, or premier plus auto warranty, power train auto warranty, power train plus auto warranty, premier or full coverage auto warranty, roadside assistance warranty and free scheduled maintenance warranty. All these warranties offer varied services for a car, from general wear and tear to engine breakdown to a regular check-up of your car.

 

 

A lot of people who buy used cars assume there is nothing they can do with the dealer’s agreement. Purchasing a warranty is not only to their advantages but it makes sure they are getting the most out of their money. For example, a dealer gives you a 90-day warranty on your car – there’s usually a loophole somewhere on the warranty. Suddenly the car breaks down after the warranty expires. Now you have to spend a large sum money to fix it?

 
While this fact is not always necessarily true, there is always a way to protect yourself. For instance there are federal and state statutes to relieve the consumer who is stuck with a bad automobile after they’ve bought it. Such statutes are usually called “Lemon Laws”.

 

There are different statutes covering different problems in different states, however the laws are different from one state to another. For example, a consumer is fully refunded or given another car if the problem cannot be repaired after four (4) attempts, or if the car cannot be used again after a month on the first year or before 12,000 miles driven.

 
Knowing this you should consider all things before buying a used car. Checkout the warranty, and the statutes for your state. Be smart, knowledgeable and be protected.