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Sometimes I think there is no such thing as a good new car warranty.Â
 I had a new Ford Thunderbird and just prior to the manufacturer’s warranty expiration it was missing on one cylinder, apparently because the ignition coils failed. After some arguing, Ford issued a warranty extension for just this issue. Shortly thereafter, while on a trip I had to take the car to Ford dealership in Miami, they told me they were going to have to replace the throttle body, flush the injectors, and reprogram the computer (which had already been done). It was then that I was told the bill would be $1098.00 because this was not covered.Â
It was then that I decided to look into an extended auto warranty. I looked at some extended auto warranty plans and decided to contact Auto Advantage. I was able to purchase a used car warranty at a rate far less that the dealership was able to offer.Â
As manufacturers try to enhance sales for in 2008 many of them are offering incentives if you purchase one of their vehicles. In addition, new vehicles are also covered by an exclusionary bumper-to-bumper warranty.  For instance, all Chevrolet models are covered by the General Motors five-year or 100,000-mile powertrain warranty, which includes roadside assistance and substitute transportation, as well as a three-year or 36,000-mile bumper-to-bumper warranty.
You would think this would be enough coverage but many of a vehicle’s failures are not covered by their powertrain warranty. These breakdowns often occur after the three-year or 36,000-mile bumper-to-bumper warranty has expired.
It is for this reason that many consumers choose to purchase an extended warranty. Though manufacturers offer their own extended auto warranty plans, an auto warranty is generally available for considerably less money through an aftermarket auto warranty company. Compare coverage at sites such as autowarranties.com to see the high level of coverage and cost savings.
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.
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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.
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Coming to think of it it’s easy to decide which car to buy, but with extended and extensive auto warranty available everywhere, that’s the subject where normally people go wrong. Broadly speaking, there are two types of warranties, the one which comes in as a package from the car manufacturer and the extended warranty, which comes in with extra charge from the manufacturer.
You should know terms like “non-wear items (body, engine etc.), repair covers (what repairs are under warranty), number of years or miles covered under warranty, strength of the coverage†and etc. You will also need to know parts of an automobile warranty. Bumper to bumper warranty covers almost everything but with different pre set timing or number of miles it has been driven.
Extended auto warranty is available for sale at the vendor and at dealerships. Advice will be to decide on the dealer who has sold you the car and his bumper-to-bumper warranty. The other name for such warranty is factory warranty. The other type of warranty falls under the third-party category advisable to use post the factory warranty expires. The second type is advisable for used and old cars.
Car warranties is like a relief that keeps the customer secure about the fact that even if something happens to the car, there is someone who will pay for the repairs. Generally new cars are provided with a limited warranty, which cannot be extended until the facotry warranty expires after certain duration. Once the factory warranty, finishes the customer tends to look for an extension in the warranty.
The extended auto warranty can be taken from the same dealer or from a new agency. The most important thing is that you must research the service provider before getting the extended auto warranty. As this warranty will ensure future security of your vehicle.
The warranty has certain criteria for the payments. You can get the charges for only certain kind of damages and not for any damage. The most significant warranty coverages include body damage, engine problems, and some technical and accidental problems that the car faces during the time period of the warranty.
You can get sufficient number of dealers on the Internet that can provide you with extended auto warranty and the related. Thus browse through your PC and you will find one satisfactory service provider yourself.
The purpose of the extended auto warranty is mainly to cover mechanical breakdowns. In fact, it is the best way to recover costs of mechanical breakdowns. The important feature of this extended warranty is you would be protected from the high cost of basic mechanical repairs.
Whether you are in the city or across the country, whenever some repair is required, your auto extended warranty would surely provide you with great peace of mind. The routine maintenance repairs as well as emergency ones in the automobile would be carried out if we have extended auto warranty. Drivers could save plenty of money and they would be free of stress because of their extended warranty.
Protect your new car by using extended warranty system. Generally a new car from showroom comes with manufacturer’s warranty. Once the new car warranty expires, go for the extended warranty. In fact, it is better to shop for the best warranty deals even when you have a new car warranty. That way, you would save a lot of time and be free of worries about repairs during the non-warranted period. An effective extended auto warranty can be purchased to prolong the special coverage of the bumper-to-bumper warranty. Many extended system warranties are sold at proper dealerships.
There is plenty of confusion about the type of products and value additions offered by the warranty companies. There is a need to carefully read all the conditions, as there is no one-product-fits-all option. One can negotiate the extent of coverage, the costs, and discounts and so on before choosing the right warranty policy.
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.
Keeping up with the latest auto warranty new guarantees that you get the best warranty deals that are available. Knowing the info on all types of warranties and what they entail is a great way to learn the terms and it may also help to save you money. Purchasing an extended auto warranty once the original warranty on your vehicle expires is a good method of ensuring that you don’t end up with outrageous repair bills whenever something goes even slightly wrong with your vehicle. However, even after purchasing an extended warranty for your car, you might find yourself footing a lot of unexpected bills. To avoid getting these nasty surprises, here’s a small list of things to check when buying an extended auto warranty:
- Make sure that your company pays actual labor rates instead of what it deems “reasonable†or “standardâ€, because in the latter case, you end up paying the difference in case your mechanic charges more than the standard rate.
- Don’t choose a company that puts a cap on the cost of parts.
- There are warranties that cover only mechanical breakdowns, and not wear and tear. Mostly your vehicle will require maintenance on wear and tear parts, since it’s not everyday that you break something. Make sure that the warranty pays for replacing worn out parts.
- Similarly, warranties that cover only the engine, drive train and transmission is not very prudent, since it is the various small parts and their repairs that generally act as a strain on finances.
“DaimlerChrysler AG has agreed to pay a $1.2 million fine to settle allegations that it did not promptly alert the government about emissions problems in some Mercedes automobiles.
As part of an agreement with the Justice Department filed in federal court Sunday, the automaker agreed to institute a new program to monitor its cars for emission defects and said it would file regular reports to the government.
The lawsuit involved emission-related defects in certain 1998-2006 Mercedes vehicles. The Justice Department said Mercedes didn’t tell the EPA within 15 days of learning about a series of problems with airflow sensors, catalytic converters, air pumps and other parts.
Hundreds of thousands of vehicles had the potential to develop emissions problems, according to the lawsuit. Mercedes has voluntarily recalled some of the parts identified by the lawsuit and has extended its emissions warranty on others.
Shares of DaimlerChrysler AG were trading up 52 cents at $82.33 on the New York Stock Exchange.”
(source)
Sometimes “David” can win against a big automotive Goliath. And in this case , the little guy ought to have won. It involves a back lit console problem with a Honda. In the course of trying to get the console replaced, which had just gone past it’s new car warranty coverage, the consumer discovered that Honda had been aware of the problem but hadn’t issued a recall. Using the simple logic that a manufacturer ought to own up to known defects, our consumer made a couple of exasperating attempts to get his console before almost giving up. Then he gave it one last try, and lo and behold, Goliath extended his warranty.
“Last Sumer the backlight on the center console of my car went out…the unit was operational, you just couldn’t see anything unless you pointed a light to it. Now the car was just out of warranty, but this didn’t ( for many technical reasons) seem right…I’ve had minor issue before but to have only the backlight go out is a pushing it. .. So I started goggling the problem… turns out there was a mass occurrence of it in the US, but I couldn’t find any thing here in the true north. So I called my Dealer…eh my other dealer. He explained that they weren’t notified of a recall on the center console and the replacement would be 700+ and the labor & taxes…so 1300 total. Remember this is for a backlight… Now I decided to call Honda Canada to explain my case. What I heard next blew me away; the woman I spoke to said “Yes Sir we’re aware of the fault in the center consoles, however there is no plan to issue a recallâ€. She added that since My family and I have had a history with Honda she was willing to allow me to buy the unit at a reduced price of 200$…So I took a page from David’s book and resorted to using a sling shot. Mine was a simple argument that goes in a straight line….â€My device is defective and Honda is aware of the fault and they should fix it….  I also fired a shot at the Dealers in general…how they seem interested in only taking the shortest approach to fixing an issue and then if the issue crops up again out of warranty the customer is up a creek…Today after a hiatus on the issue I had decided to Call Honda Canada one last time, one last ditch effort to get them to reconsider…then I got a call From FB, “you’re not going to believe “ she said. “You got a letter from Honda Canada; your warranty on the center console has been extendedâ€. Suddenly I heard a thunderous crash…that was the sound of Goliath crashing down.”
(Source)