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Is the aftermarket auto warranty right for you?

 


 

Aftermarket Auto Warranty is a useful service contract to have regardless of if you recently purchased a new vehicle or a used vehicle.  It is a warranty contract that offers you additional coverage on an existing policy. 

 

For new cars, it provides coverage beyond the time frame covered by your manufacturer’s warranty.  In addition, it can provide additional coverage for the claims not covered by your manufacturer’s warranty.   The aftermarket auto warranty is purchased separately from the manufacturer’s warranty, and before purchase, you should carefully review all clauses and commitments within the contract.  The aftermarket auto warranty is available from independent service providers different to your dealer or auto manufacturer. 

 

For used cars, the aftermarket auto warranty provides additional vehicle coverage where the manufacturer’s warranty is void or is due to expire shortly after the purchase date.  In such cases, it extends you vehicle coverage for the period specified in the service contract.  Unlike the manufacturer’s warranty, you have to pay for the additional coverage provided by the aftermarket auto warranty.

 

Before you purchase an aftermarket auto warranty, you must consider if it is worth the extra money that you are paying for it.  Only if you can be sure that you would be required to claim for any coverage within the period of ownership is the aftermarket auto warranty a good choice for you. 

Before you buy that aftermarket auto warranty, consider …

 

An aftermarket auto warranty is basically an extended warranty contract.  Most people buy these because they think that more coverage is better coverage, but they do not take the time to think carefully about whether or not they really need an aftermarket auto warranty.

First of all, the manufacturer’s warranty is the first warranty that any vehicle ever possesses.  Is this warranty still valid?  If it is, you must then consider the remaining mileage or time frame till this warranty becomes void.  Secondly, what is the purpose of your purchase?  Is eighteen months coverage enough for your purposes?  What is the average mileage covered per day – would fifteen thousand miles be enough for your driving distances?  If not, then the aftermarket auto warranty might be for you.

You also need to consider the possibility that you would sell the car before the manufacturer’s warranty is even up.  If such is the case, then it makes no sense at all for you to invest in an aftermarket auto warranty – quite simply because the purpose of the aftermarket auto warranty is to provide extended coverage beyond your manufacturer’s validity (this can be both time periods and limited coverage). 

Read your aftermarket auto warranty carefully!

 

 

More often enough, people are under the assumption that their responsibilities of maintaining their vehicle seizes once they get aftermarket auto warranty.  Buying an aftermarket auto warranty however does not necessarily imply that your car’s maintenance and repairs are no longer your immediate concerns.  In fact, it is quite easy to get oneself into a fine mess if not careful about the purchase of the aftermarket auto warranty.  Time and time again you have heard it: “Read carefully before you sign or buy!”  Most people would be surprised to know that the most common reasons for a warranty claim to be denied are because of a lack of understanding of the information within the warranty, or simply the neglect to read the information within the warranty.

Most aftermarket auto warranties require that you service your vehicles at the specified servicing times or mileages specified in your contract.  Even missing a simple oil change can mean that you have broken your contract.  Remember, most companies operate to make money, and where possible they try to avoid paying claims as much as possible.  Do not let their next victim be you – read carefully!

Manufacturer’s Warranty vs. Aftermarket Auto Warranty

 

If you have recently purchased a vehicle, you may have been faced with the question of purchasing an extended warranty.  Whether or not you need an extended warranty would depend heavily on the intended purpose for which you have purchased the vehicle.  Basically, an extended warranty is a service contract that agrees to cover auto repairs and maintenance within the cost of the warranty for a certain time frame only.  Once you decide on the purchase of an extended warranty however, you must decide if you want the manufacturer’s warranty, or an aftermarket auto warranty.

The aftermarket auto warranty is a warranty contract issued and honored by a service dealer other than the manufacturer’s authorized dealers.  Aftermarket auto warranties are cheap and can be purchased for both new and used cars while manufacturer’s warranties are expensive and mostly cover new cars.  Also, an aftermarket auto warranty can only be honored by the issuing service provider, meaning that your vehicle must be taken to the same place for servicing or repairs as where you bought the warranty.  Another risk with purchasing an aftermarket auto warranty as opposed to a manufacturer’s warranty is the financial stability of the company that you are purchasing the warranty from – will they be able to honor the contract at all times?

What you didn’t know about the aftermarket auto warranty


Most persons find themselves buying aftermarket auto warranty, or extended auto coverage, upon the insistence or suggestion of a car salesperson without asking or understanding what they are buying.  And most people fork out hundreds of dollars a year on aftermarket auto warranties with the expectation that it shields them from every single car problem under the sun without even understanding what they are spent their money on.  Then when the time comes to cash in on a claim, they find themselves being rejected by car dealers and service providers alike.  Why?

Aftermarket auto warranties basically come with two types of coverage programs under different plans to suit the service providers.  The two coverage types include mechanical auto coverage, which is the more popularly offered of the two warranties, and wear and tear auto coverage.  Mechanical coverage, also known as the bumper-to-bumper coverage, is usually the cheaper of the two coverage types, and covers everything in your car except the wear and tear damages.  This usually includes engine and transmission breakdowns.  But think about it – when was the last time your car gave problems?  And when was the last time before that?  Did anything ‘break’ in your car?  Eight out of ten times, it is the wear and tear in a car that gives the most problems, and which hurt your pockets the most.  It is therefore best to get an aftermarket auto warranty that includes both a mechanical warranty and a wear and tear warranty.

Aftermarket auto warranty saves your skin


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.

Aftermarmet Warranty

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.

Manufacturer’s Warranty vs. Aftermarket Auto Warranty

If you have recently purchased a vehicle, you may have been faced with the question of whether or not to purchase an extended warranty.  Whether or not you need an extended warranty would depend heavily on the intended purpose for which you have purchased the vehicle.  Basically though, an extended warranty is a service contract that agrees to cover auto repairs and maintenance within the cost of the warranty for a certain time frame only.  Once you decide on the purchase of an extended warranty however, you must decide if you want the manufacturer’s warranty, or an aftermarket auto warranty.

The aftermarket auto warranty is a warranty contract issued and honored by a service dealer other than the manufacturer’s authorized dealers.  Aftermarket auto warranties are cheap and can be purchased for both new and used cars while manufacturer’s warranties are expensive and mostly cover new cars.  Also, an aftermarket auto warranty can only be honored by the issuing service provider, meaning that your vehicle must be taken to the same place for servicing or repairs as where you bought the warranty.  Another risk with purchasing an aftermarket auto warranty as opposed to a manufacturer’s warranty is the financial stability of the company that you are purchasing the warranty from – will they be able to honor the contract at all times?

ASSURE THE SAFETY OF MONTHLY BUDGET

A warranty is the best way to ensure the safety of your automobile. It is contract in which the dealer states a written promise on the coverage that would be provided to the warranty purchaser. Whether a new or used car, the warranty is must have for any car driver. Even if the original car warranty is over, anyone can get an aftermarket car warranty.

This type of warranty is available for all types of vehicles, including trucks, motorcycles and buses. The aftermarket auto warranty is based on various factors, such as year, make, or model of the vehicle. Companies can offer 3 months to 14 years of coverage or from 3,000 miles to 170,000 miles. There are three basic types of aftermarket car warranties available in the market, including Power train, Component, and Bumper-To-Bumper.

No matter which option you choose, each of the warranties offer useful benefits at an affordable price. With a warranty, the vehicle will be protected from unexpected mechanical breakdowns. As the vehicle gets older, the costs of repairs start mounting up. So, to ensure a safety of your monthly budget, it is necessary to buy an aftermarket car warranty for your vehicle.

Insure your car with used car warranty!!!

A warranty is an assurance which is given when a good or service is sold to the buyer. It is provided normally as a part of insurance coverage. The need for such coverage arises while purchasing a used car, as they are more prone to mechanical failure and breakdowns. So to avoid paying high maintenance costs, it is better to have the used car warranty. This warranty provides the coverage for replacing or repairing of the defective parts that can arise in the future.

The main aim of offering used car warranties is to help the owners of cars to save on huge repair bills. While some provide services on cars, which are five years old, other offers for cars that are up to twelve years old. The used car warranty is provided at reasonable rates and it is just like an investment whose benefits should be purchased before the time of crisis. Also, the maintenance costs are very high but with the benefit of used car warranty, one can insure his or her car from maintenance of unexpected damages.

So, while purchasing a used car, one should always insure the car by taking the used car warranty.



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