What is more enchanting than going for a long drive under the moonlit sky? You have dreamed of this idea a long time. But one problem, you are not a car owner. But if you have the money, buy one. Before jumping at the thought of buying a car, give a serious look into the issues attached to purchasing a vehicle.

You need to belt out regular maintenance charges plus occasional repair expenses. How do you save your money from this regular considerable expenditure? To deal with it these issues, auto warranties have been formulated. These warranties are extremely valuable while purchasing a car and they will give you some kind of relief while you start using the car. A wide array of auto warranties is offered by different dealers. But there are some fundamental auto warranty tips that should never be forgotten while you are zeroing on purchasing a car.

Some tips that form the base of auto warranty are given below for your help:

1. Ensure if the warranty is transferable.
2. Always purchase an extended warranty after the ‘death’ of factory warranty period.
3. See whether the warranty is providing services of roadside assistance.
4. A number of different offers are offered by various companies. Compare the offers of the companies.
5. It’s better to check out your own requirements before deciding anything.

These auto warranty tips will aid you if you are planning to become a car owner.

Auto warranty is an important aspect of any vehicle. Never buy a vehicle, either used or brand new, without a valid auto warranty. Insist on a warranty from the dealer. While purchasing a used car, keep an eye out for a fraudulent auto warranty. Make the extra effort to ensure that you are buying a genuine auto warranty.

One important factor that has to be considered while selecting an auto warranty is a bumper-to-bumper package. Bumper-to-bumper coverage takes care of the entire cost, repairs and maintenance of the car in case of mechanical breakdown. However, this package is priced higher since the benefits are far greater.

If you find the bumper-to-bumper auto warranty to be too expensive, opt for flexible packages. However, any package should cover repairs and maintenance of crucial aspects like engine, transmission, brakes, drive axle, steering wheel and its accessories, power train, drive train, ignition and body.

Some warranty packages also come with free roadside assistance and towing service if the vehicle breaks down. It is always better to purchase a comprehensive package like bumper-to-bumper even if it is initially more costly.

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?

The misconception in the air is that auto warranties mean an extra burdensome cost for many vehicle owners. What they don’t know is that auto warranties are a security against several heavier expenses that can incur if a vehicle develops some major break downs involving the essential components. Manufacturers provide most auto warranties and they act as an assurance on part of the manufacturer about the quality of service they are providing.

 

Most of the warranties have different clauses, which a buyer must understand. Some may be useful only against certain parts while others may include maintenance, roadside service and part replacement too. There are various kinds of warranties- general manufacturers’ warranty and power train warranty, which include engines, axle, drive shaft and other important vehicle parts; and full coverage warranty that covers every aspect of the cars. Warranties are also available as extensions against the primary manufacturer’s warranty. Buyers must ensure that they are dealing either with their own car dealers or with a reputed company. They should also read the warranty manuals thoroughly.

 

The decision of buying a car warranty ultimately lies with the owner. Having a warranty on the car simply means peace of mind in case of any emergencies such as unexpected breakdowns in the middle of the road.

As we know some of us turn to generic parts to replace car parts as most of them are cheaper than Original-Equipment Manufacturer parts (OEM). As reliable as they are, the issues of safety arise when using generic parts versus OEM parts. But a demonstration conducted by the Insurance Institute for Highway Safety (IIHS) shows there is no implications on safety factors when using generic parts. Affirmed by the institute the source of generic cosmetic car parts is irrelevant to the car’s crashworthiness. This affirmation is supported by Certified Automotive Parts Association (CAPA) by inspecting and guarantying generic automotive parts meeting their high standards. In addition, generic car parts suppliers are often the same that supply the manufactured OEM parts.

 
According to Insurance Institute for Highway Safety (IIHS) two 1997 Toyota Camrys were used in a crash test, while one used OEM cosmetic parts the other used CAPA certified generic parts including the hood. Both Camry scores distinctive results and received a good rating on crashworthiness. Nowadays as many as 2,500 types of parts received the certification; in fact a 5-year warranty covers most parts by the manufacturer or distributor.

 

The quality and reputation of an extended warranty company has a major role in getting our car insured. Generally, the two main parties who undertake the responsibility for extended car warranties are the insurance companies and the Risk Retention Groups (RRG).

It is always advisable to do a little bit of research about the company, which is going to insure the vehicle. Some of the important details, which should be well looked, include the present ratings of the insurance company, an oversight of its regulations, review about the company by past clients and its financial stability.

More stress should be laid on choosing an insurance company, which is rated among A-list by credit rating companies. Also, some other important factors, which should not be overlooked by a car owner is to include checking the compliance of an insurance company with government regulations. Insurance companies should have a steady record of submitting their annual financial reports with the government authority.

Most of the insurance companies seek to have business alliances with underwriting firms which have a considerable amount of experience in giving out car warranties rather than merging with RRG’s which are relatively new in the insurance industry and do not have much experience in giving extended car warranties.

In commercial terms, warranty stands for the undertaking of a product once consumers bring it into daily use. A used car warranty is an agreement between a dealer and consumer to help protect the used car buyer from additional repairs that maybe needed for their vehicle once it is purchased.
A car warranty is an essential investment that comes in real handy in the event of any breakdowns. It will save an individual from unnecessary expenses from getting the car repaired. Car warranties have now become an emerging business and many companies are making big fortune out of it.
An extensive research and comparisons between different companies is very essential before signing a contract with any company. It is advisable for a warranty buyer to check the original car warranty or if the extended warranty is still effective. A person should keep into consideration that terms and condition are provided to him in writing and the company has a good track record. It should offer wide coverage for the various parts of the vehicle that is transferable throughout the country. A car warranty is an expensive affair and the car- owner might be cheated in case he is not prudent enough. In order to keep your cars in good working condition and to save yourself from unexpected expenses it is essential for car owners to enroll themselves with the best possible warranty.

Auto warranties can be a tough subject for people to fully understand. They buy a brand new car, which comes with a factory warranty. This warranty has fixed time duration, or a particular number of miles to be covered. The irony is that the vehicle doesn’t incur any high end damages during the warranty period and as soon as the warranty period expires the problems start to creep in.
What should care owners do when problems start to occur? The answer is to buy another warranty once the factory warranty has expired. The warranty is known as an extended auto warranty.
Once you purchase the extended warranty, then you will be reassured if something occurs to your vehicle then there is someone to pay for the bills. Other important aspect of an extended warranty is that you can take the car to the repair shop of your choice and can get the repair cost done by the warranty company. Thus these auto warranties can help you calm down at times when your vehicle isn’t running properly. You can concentrate on other things as you know that the company will take care of the car as if their own property.

A used car is a great bargain for the first time car buyers. The advantages of a great price coupled with used car warranty are always a great deal. But such warranties are also governed by the Used Car Warranty Law. It helps the buyer to have a hassle free warranty and a non ambiguous service for their used car.The Used Cart Warranty Law is also under the state laws. It protects the buyers from any shady deals or unwarranted events. Though the laws vary from each state, the basic rules are almost the same. They are:
1. The buyer of used car should have bought the vehicle at a price between $1,000 and $3,000.
2. The vehicle bought should be at least 2 years old to a maximum of 6 years.
3. The car purchased is used only for personal use, family members and for household needs.
Based on these terms and conditions the used car dealer must offer free repairing for up to 30 days or 1500 miles from the date of purchase of the car. But cars purchased at a minimum price of $3,000 and has the limit set to 60 days or 3,000 miles whichever is earlier.

This is essential for all, car and vehicle owners and provides safeguard to their financial loss.

A new warranty is a guarantee of coverage by the manufacturer to the owner at the time of purchase. The warranty may be limited to a specific time period or mileage, typically whichever is first. Most often lasts up to 3 years or 36,000 miles.

This warranty ensures the car owner that the car he or she has just purchased is free from any defects. But if any defects are found it will be replaced at no cost to the owner. A New car warranty covers almost all parts of your vehicle. Bumper-to-bumper and power train are the two most common forms of warranties. Power train provides a better coverage than bumper-to-bumper as it covers a specific number of months or miles on your car. It covers those parts that need repairing most often.

During the Bumper-to-bumper coverage almost all items are protected by the plan. But make sure you do your research and find out exactly what your plan will cover. Another type of warranty is known as a corrosion warranty which is usually covered up to mileage of 100,000 miles or 6 years. This warranty offers coverage for rust and corrosion repairs. The purpose for purchasing a warranty is to protect the car owner from the unexpected expenses that may occur with the purchase of the car.