Buying an aftermarket auto warranty is not as happy-go-lucky as some people make it sound.  You need to pay careful attention to certain facts about the service contract when shopping around so that you do not end up with a service contract that would only serve to embezzle your hard earned money from your bank accounts.

The first thing you need to determine is the length of validity on the prospective aftermarket auto warranty (also consider the mileage features).  If the warranty covers the same period or mileage as your existing warranty, then look again – this is not the one you want. 

Secondly, an aftermarket auto warranty should provide you with coverage that your existing warranty does not have – it definitely does not make sense to spend more money for the same coverage that you already have; it absolutely does not help.

Finally, make sure that the aftermarket auto warranty that you are interested in is backed by a financially sound party, and ensure also that former claims made against this party have been paid in full and on a timely manner to those it may concern.  You would not want to buy a warranty from a party that does not pay.

If you have recently bought a used car and it has only now occurred to you to find out whether or not you got a used car warranty with the car, one of the first places to check is the buyer’s guide that you would have received with the purchase.  In some states, the buyer’s guide must be issued for every used car to be sold, but this may not always be the case.  Therefore if you did not receive a buyer’s guide, then the next best option is to consider the purchase agreement. 

Most used cars, even when sold without an official used car warranty from the dealer, are still liable for defects found after the purchase by the person who sold the car.  However, if you purchased a used car that clearly stated ‘as is’ in the purchase agreement, then you would have forfeited all rights to hold the dealer accountable for any problems you find after the finalization of the purchase agreement.  Whether unwittingly or not, you automatically agreed to accept the car is it was upon purchase, thereby also accepting that you hold liability for any repairs which you may deem necessary from that point onwards. 

The aftermarket auto warranty is really useful to all vehicle owners, but most especially to the used car owner.  This is because he (or she) is the one who is caught off guard most times especially when they have just purchased a vehicle only to find that they did not receive or even enquire about the used car warranty.  Sometimes used car drivers are caught by surprise by the used car ‘as-is’ agreement, which clearly means that the prospective owner agrees to buy the car as it is with no liability or further responsibility being allotted to the former owner (or dealer) upon final transaction.

Having been caught in such a trap, you would indeed be at a loss for directions regarding how you should proceed.  You could buy a warranty to provide you with coverage for a specified period of time.  This warranty should be able to benefit you both in the short and long runs because most certainly your used car will need constant maintenance – which you would have to stand on your own without any warranty support.  The warranty that you would then buy is the aftermarket auto warranty, for it is the only warranty that can be purchased for a vehicle from independent dealers.

It is important when purchasing a used vehicle to ensure that you receive a used car warranty law, even if the used vehicle still has a valid manufacturer’s warranty. The manufacturer’s warranty is indeed beneficial to the holder in times that his vehicle may need repairs or part replacements, as long as it is still valid. But in instances of more serious car problems, it is the present dealer of the car who bears the accountability, having taking the responsibility to sell it as such.

If, for example, you have noticed problems with your recently purchased used vehicle that were not pointed out to you before the purchase by the person selling the car, then that person (who has sold you the car) must take liability for such. You could be entitled to the free repair, or if you so chose, you could opt for a full refund or replacement vehicle. On the other hand, if you did not receive a warranty, the dealer may be able to say that you were informed of these problems before the purchase and that you bear all responsibility as such seeing as you went ahead of the purchase anyhow.

Purchasing the aftermarket auto warranty is an important decision that any vehicle owner must make.  He must consider if the decision is a worthwhile one or not, if his coverage would really be extended in any beneficial way beyond an existing warranty, or even if he would stand to benefit from increased mileage coverage.  Additionally, the vehicle owner must consider if he would stand to benefit in the long run from the aftermarket auto warranty, or if he would lose from the investment – in the least, he must strive to break even with his investment.

When purchasing the aftermarket auto warranty therefore, the vehicle owner must consider among others what would be his deductible for any claim that he or she makes.  Some warranties charge a deductible per visit, while others charge per repair.  It would be most unwise to invest in a warranty with a deductible that charges you for every single repair that you do even if all in one visit.  On the other hand, you should also consider the type of coverage that you are getting – would you have to stand the cost of the repair or visit and be reimbursed after, or would you have to get approval from your warranty provider that they will cover the repairs on spot?

Unlike the new vehicle warranty, the used car warranty is often one that goes unnoticed or overlooked by many.  The importance generally associated with the new warranty is not mirrored in any bit by that of the new car warranty, but oddly it is the used car warranty which draws the most attention at the end of the day.

The used car warranty, for example, is that which would aid the owner of the used vehicle to stand repair and maintenance costs for his used vehicle where he would have had to otherwise pay out of his own wallet.  While agreeably the new car warranty does the same, it is undoubtedly the used car that finds its way to the repair shop more often than not.  Think then of the amount of money that the used car owner would have had to spend over time for each of these visits, for each of these repairs, or for each of these services if he had not had the assistance that the used car warranty provides.  With the used car warranty, the vehicle owner has the preference that his warranty coverage should cover his repairs so long as the warranty is still valid and the repair in question is covered under the warranty.

While one often has the unwitting tendency to think of a used car as being one that has passed through several owners and is now in a somewhat deplorable condition, used car can in fact are any vehicles that are not brand new.  Therefore, if a new car has been recently bought and resold within a few months of its initial purchase date, it would no longer be considered as a new car but in fact as a used car.  Regardless the used car still carries a valid manufacturer’s warranty or if it carries the regular used car warranty, the warranty is the used car owner’s best ally for as long as it is valid.  This is simply because the warranty provides a guarantee against defects that the used car owner may find in his car after the fact of the purchase.  And considering that the used car is in fact a used one, one would assume that it is highly more likely to be in need of repairs very often – whether it is because the former owner was careless in his or her maintenance of the vehicle, or simply because of the breakdown repairs on the used car.

   

An aftermarket auto warranty has the advantages of being able to both extend the life of an existing warranty and its coverage benefits.  It is therefore commonly referred to as the extended warranty.  The aftermarket auto warranty is one that, unlike the new or used auto warranty, must be purchased from a dealer.  The good thing about this purchase however is that you are not bound to purchase the aftermarket auto warranty from the same dealer as you bought your vehicle from, nor do you have to buy the aftermarket auto warranty in the very instance that you buy your vehicle.

When purchasing your aftermarket auto warranty, it is almost always advised not to purchase it from the dealership company where you bought your car – simply because dealers usually mark up the price of the warranty to exorbitant prices at your expense.  In addition, a dealer might try to impress upon you the importance of purchasing the warranty right then and there – do not be fooled.  This is only salesman talk to try to trick your money out of your hands.  The aftermarket auto warranty is merely an extension of a warranty that you would already have; and in the instances where it is to be used exclusively as your only warranty, remember that you could purchase it for more than half the price in some instances from independent dealers or providers.

You certainly must have heard that there are companies that provide the warranty facility for the new cars. You might have a query; do these companies provide warranty for the used car as well?

Yes, there are a number of companies that are providing car warranties for the used cars. A used car has a higher risk associated with it in terms of the expenses that may be incurred in the car repairing and its maintenance. To help you buy a used car without any risk, and to cover the expenses that you may incur with the used car, you are provided with an option, and that is to get the used car warranted.

The charge for getting a used car warranted is comparatively higher as compared to the charges for getting the new cars warranted. The used car warranties are provided when you buy a used car. After purchase if you get the car warranted then you are reimbursed for the expenses that are incurred in getting the car corrected. Car warranty provides you with an added cushion so that your expenses in the form of car maintenance are cut down and you get higher savings.

The aftermarket auto warranty is a very good piece of coverage to have.  Some may find that it would be of no immediate benefit to them, but others would agree that it is the best thing they could have ever done for themselves and their vehicles.

The aftermarket auto warranty is one which offers the most flexibility than any other type of warranty.  Though it has to be purchased separately from the vehicle in question (often though final sale values reflect this inclusion), it provides such added benefits such as extended coverage either on the period of coverage, the mileage allowance of your coverage, or even the extent of your vehicle coverage itself.  For example, with the purchase of an aftermarket auto warranty you can convert a limited warranty into a fully comprehensive one; you can convert an eighteen month coverage into a thirty six month coverage, or you can even covert a ten thousand mile coverage limitation per year into a twenty thousand mile coverage per year.

Deciding whether or not the aftermarket auto warranty is for you simply depends on whether or not you stand to benefit the most from the additional types of coverage provided by the warranty.  Most people find that they do benefit from the aftermarket auto warranty in the long run.