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Auto Warranty & New Car Sales Estimates For 2008

dealer3.jpgEven though forecasters predict a slow 2008 for automobile sales, many dealerships are hoping for a steady recovery toward the end of the year.  More specifically, some dealers are backing up their hopeful outlook by reinvesting money back into their own businesses.  Their stocking levels and ordering project 2008 will be about the same as 2007. 

Some think 2008 will have some late momentum and that things will start to get better. They are hopeful that they saw the bottom in 2007. In 2007 just over 16 million cars were sold in the U.S., down from almost 17 million the previous year. 

In Detroit, analysts predict that 2008 may fall to around 15.5 million cars and trucks. Regardless, dealers will be looking for a way to increase profits.  The aftersales market, including auto warranty sales will probably be a great way to make more money.  Dealers who sell new car warranties and used car warranties generally make $500-$1,000 dollars on each warranty sale.  Aftermarket auto warranty companies are their only threat as they have much smaller markups so their prices are considerably lower.

I guess time will tell, we’ll check again in January 2009.

Car Warranty Emissions Systems Being Challenged In California

emm.jpgSome major auto trade groups have taken the California Air Resources Board to court over a new regulation that would extend some warranties on vehicle emissions equipment.  They claim it will cost members billions of dollars.

The lawsuit, which was filed a week ago in California’s Superior Court, represents the aftermarket auto parts/service industry. Questioned is the rule recently approved that would extend the manufacturer’s warranties on emissions equipment to 10 years or 120,000 miles on new cars.

They claim that the regulation was designed to pressure automobile manufacturers into improving the quality of parts like catalytic converters & oxygen sensor.  This will only turn over a large share of California’s annual service budget to dealer-owned shops. Some drivers have a longer warranty and argue that it will be more likely that dealers will get the repair work whether they are covered by a warranty or not.

Some aftermarket auto warranties actually offer coverage for the emissions systems as a surcharged add-on.  This reinforces the reasoning that a good auto warranty is a basic necessity for new or used vehicles.  Most new car warranties and used car warranties alike offer some type of coverage for a vehicle’s emissions system.

Choosing An Auto Warranty

stuck.jpgAt one time or another every vehicle owner has been stuck on the side of the road or highway with a vehicle that has broken down.  Faced with the fact that a large repair bill is imminently on the horizon this is not a happy time.  To avoid this helpless feeling some people choose own auto warranties to protect their pocketbooks.

There are many companies in the market that offers different types of warranties. Below auto warranty tips on what a person should keep in mind when buying new car warranties or used car warranties.

First, inquire about the coverage that a warranty company provides. Get information about the warranties available in the market as different type of warranties cover different replacement parts. Some companies offer online information on auto warranties so the buyer can purchase the right plan for their vehicle. Some different types of coverage available are bumper-to-bumper, component, and powertrain type coverage.

With so many car warranty companies out there some are not of the highest quality. Companies claim to cover many parts but once bought, they deny many claims. This is why a buyer must research the company they choose carefully.

Get A Used Car Warranty Along With A Old Vehicle Purchased

 

Some people cannot afford purchasing a brand new car. Old cars are not always in bad or unwanted condition. In fact, they look like new car and the papers of their warranty are still applicable. Many of the used cars are only some years old. If you are buying an old or a pre-owned car then you should ask for the warranty papers from the seller of the old car. These papers are very helpful in the time of problem or if something goes wrong with your car.
You should know some things prior purchasing the old car warranty papers. You must know about the terms and conditions mentioned in the used car warranty papers while purchasing the vehicle. Note down all the conditions and terms of the warranty when you are purchasing the used or pre-owned old car. Many people have this perception that used car warranty is of no use and not at all good. But this thinking is not fair. That is why many car dealers advise their customers to get the used car warranty along with the pre-owned car they are going to purchase.

Warranty Is Necessary For All Cars

Auto warranty is that service which is offered by the manufacturers of the product through the local auto dealers. Under this all the cost of the maintenance and repair is borne by the local auto dealers. Warranty is very necessary for your products to safeguard your interest and the value of your money. Under the law of the US, it has been mandatory that all the product dealers have to provide warranty on the cars or on any kind of product they are launching in the market for sale. But the expense of an accident damages are not covered under the warranty.

There are two sorts of warranty given to automobiles and they are: new car warranty as well as after-market auto warranty. After-market auto warranty is issued to those cars, which are old and used. After-market auto warranty is also known as used car warranty. New car warranty is given to only new cars. After-market auto warranty is very expensive than that of new car warranty taking into consideration the maturity of the vehicle. However in comparison the features of the after-market auto warranty are fewer in comparison to new car warranty. 

Keep An Eye On Fraudulent Warranty

Auto warranty is referred to as a repair and maintenance service offered by the dealers of the car in association with the manufacturers of car. Under the law of the US, all customers product including automobile has to be offered one or the other warranty. Usually, warranty period goes up to three or two years from its purchasing date from the showroom. This has been done to safeguard the customer’s interest as well as to offer them the importance of their money. Warranty is very important tool and is non-negotiable instrument.

Several fake warranties are also there in the market so customers are advised to keep their eye open for these while purchasing the warranty for the cars. They might be very attractive and pleasing from outside but actually they are fake ones, there are hardly any service provided by these fraudulent warranties. A fraudulent car warranty is a normal auto warranty, which consists of numerous features. But the features declared in the auto warranty are never delivered.  So it is advised to protect yourself from these types of fake warranties and consult any good auto warranty dealer whose reputation is good in the market.

Warranty For Your Vehicles

       

Warranty is referred to as a promise given to the customers by the local dealer of the vehicle in association with the manufacturer of the vehicle. This warranty is applied and valid from the date of the purchase of the vehicle. Under the warranty the dealer of the vehicle pays all the maintenance as well as the repair cost. If any genuine defect in the parts of the vehicle is found then the product dealer under the warranty period will instantly replace it. Many times the whole model can be changed and replaced if the defect is detected in the vehicle.

Under the law of the US, every product must be sold with the warranty. This is done to ensure the value of money to customers, and this also safeguards the right of consumer’s. Warranty for cars is also provided and it is known as auto warranty. Under warranty period all the repairing and maintenance costs is paid by the dealer of the vehicle. However, the dealers under the warranty do not repair the accessories and spares damaged in an accident. You should check the status of another party service prior purchasing an auto warranty.

Warranty For Your Automobiles


Auto warranty is the promise given to a car owner during the purchase to cover all the repair and maintenance costs as mentioned in the warranty agreement. The service and maintenance is provided by an auto dealer, which in turn is provided indirectly by the manufacturers of the vehicles. During this time period the repairs are carried out by the dealers. They cover the repair cost and maintenance costs as well as the cost of the replacement of spare parts. In some warranties the rates of the expensive replacement spare parts are not included under the warranty. In the same way, the replacement cost of spare items, accessories, as well as other damages and defects in accidents are not borne in the automobile warranty.
The dealer on various bases provides the warranty primarily on distance and time. For example, the auto warranty is valid up to 2 years from the time of its purchase by the customer. During this time period any fault or defect in the parts of the vehicle marked by the dealer are replaced or repaired by the car dealers. There are different kinds of warranties available and you should choose one, which best matches your requirement.

Warranty For Lifetime

The manufacturer of a product provides warranty which is a promise to bear the costs of the product’s defective parts, replacements of the spare parts, and the maintenance and repair costs under the warranty time period from the time of purchase of the car. This is called warranty period. Within the warranty period, the car dealer provides repair as well as service without any charge. This is all done to satisfy the customers and make them understand that their money is well spent. Their aim is to safeguard the customer’s interest. For automobiles, the warranty is issued on all type of products and it is known as auto warranty.

There are mainly three types of auto warranty. They are long-term warranty, short-term warranty, as well as lifetime warranty. The short-term warranty is issued for only three months where as long-term warranty is given till the vehicle is dragged for scrap. Lifetime auto warranty is very expensive because the repair costs are calculated till the vehicle can no longer be used. Lifetime warranty is normally offered to specific cars such in the luxury category because these cars need extra care. This warranty is not for mid sized cars and low end cars.

You Should Opt For The Flexible Warranty

Auto warranty tips are referred to thesupport given by a car dealer or a car manufacturer to caw owners. Before buying a car warranty, read the following tips. It is advised that every vehicle owner, who is not familiar with regulations and rules of car warranty, should seek advice of an experienced consultant. Opting for flexible auto warranty is a good start for car owners. It provides the opportunity to the customer to change the warranty service provider, if their service is not upto expectations. If car owners want to have a warranty for long term, they can negotiate better terms with them.

There are 3 kinds of auto warranty. The three kinds of warranty are aftermarket auto warranty, life time warranty, and new car warranty. New car warranty is provided to all brand new cars. The aftermarket auto warranty is provided to all the pre-owned and used cars, and the life long warranty is provided to those cars which are luxurious and high end cars. Choosing a flexible option gives you the freedom to pull out of a service, if you are not satisfied. It will also keep the provider on their toes to keep offering better and innovative services all the time.



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