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Select warranty carefully


Any car that is on the road is eligible for repair and maintenance from the dealer for a fixed period of time. This service is called auto warranty. The dealer will take care of the repair and maintenance of the car, but is not responsible for replacement of expensive spare parts. Only those spare parts, which are covered under the warranty, are eligible for replacement. In auto warranty, there are two categories. The first category is the new car warranty, which is issued to bran new cars. The second category is the aftermarket auto warranty, issued to pre-owned cars or used cars.

According to the US law, all dealers have to necessarily issue aftermarket auto warranty to used cars. If this rule is not followed, used car owners call pull the dealer to the court of law. Aftermarket auto warranty takes care of the vehicle’s drive train, power train, engine, brake mechanism and steering system. This comes under the basic form of warranty. There is another form called bumper-to-bumper warranty, which takes care of the vehicle end-to-end. This is called a comprehensive warranty. Therefore select the aftermarket auto warranty carefully. Review at least five different forms from third party vendors before finalizing the warranty.

The right time to invest in an aftermarket auto warranty

Often if you buy a new or used car you would be issued with some type of warranty coverage.  Whether or not you are satisfied with the terms of coverage provided to you would depend on the use to which you plan to put your vehicle and the period of ownership that you would expect with your current vehicle.  These and only these should be the biggest influential factors in determining whether or not your warranty is right for you.  If you do decide that you are not satisfied with you existing coverage, then the simplest alternative is to invest in an aftermarket auto warranty.  This warranty can be used in combination with you existing warranty to provide an additional range of featured coverage or even to alter the terms or conditions of your warranty somewhat.

The aftermarket auto warranty is a good idea for example if you plan to keep your vehicle for a long time and you wish it to be covered during the majority of this period.  It is also a good idea to invest in the aftermarket auto warranty if you wish your coverage to cover all the parts of your car as opposed to only the listed parts on your existing coverage.

The coverage provided by new car warranties

The new car warranty is a coverage plan provided by the new vehicle manufacturer as they assure you of the quality of car that you have purchased from them.  Essentially it is supposed to be a guarantee that the vehicle would perform as specified in the user’s guide, and any deviations to the fact would be covered by the manufacturer until a period specified.

Despite the manufacturer’s guarantee that nothing should go wrong with your car during the period of coverage, one would find that general maintenance and wear and tear damages on the car do occur from the moment you drive it.  Most new car warranties therefore tend to shy away from including such provisions within the coverage that they provide.  Sometimes though, you would be able to benefit from special deals which facilitate free servicing for a limited time period, after which you would have to pay for the regular maintenance of your vehicle by the company (since most warranties also stipulate that only the warranty authorized companies should service their vehicles).  Also, while it is hardly likely that the new car would suffer a breakdown within the first few years of its purchase (that is, during the warranty period), do tend to include breakdown coverage within their warranty contracts.

Aftermarket auto warranty

When a vehicle owner files a warranty claim, they are entitled to repair and maintenance service for a period of time from the date of sale. The service will be rendered by the auto dealer in association with a third party agent. This service is all [part of having auto warranty. There are two categories of auto warranty. The first category, new car warranty, is issued to brand new cars. The second category, aftermarket auto warranty, is issued to used cars or pre-owned cars.

As per US federal law, all auto dealers should issue aftermarket auto warranty. Any deviation from this rule will invite penalty. Therefore, used car owners should insist on aftermarket auto warranty. Beware of fraudulent aftermarket auto warranty in circulation. The US federal law protects used car owners against fraudulent warranty. It is popularly called as lemon law.
The aftermarket auto warranty is available either in terms of the age of the car or the distance covered by it. The warranty period ranges between three months and three years. On the basis of distance covered by it, the warranty period ranges between 3,000 miles and 30,000 miles. Depending on the convenience of the car owner, the warranty may be purchased. Review at least 5 offers before selecting the warranty.

After Market Auto Warranty

Most of the manufacturers of a vehicle offer a warranty when the vehicle is purchased. But the warranty is only for a limited period of time or a limited mileage distance. After the manufacturers warranty expires all the repairing and unexpected breakdown costs have to be borne by the buyer of the vehicle. Many have to wait for years, saving every dime, or opt to apply for loans with high interest rates and in the mean time the maintenance cost keep on rising higher and higher. In such cases the best option is an After Market Auto Warranty. The aftermarket auto warranty program takes effect when the warranty period of the new car expires. With this aftermarket auto warranty program, various dealers of auto companies have experienced significant customer growth.

Many think that the car insurance can fulfill this purpose but this is not the case. Most of the car insurances cover costs in case of an accident and have an entirely separate option of maintenance and repair coverage. But, opting for an After Market Auto Warranty seems to be an intelligent choice, since these warranties can actually get you a discount on the costs of repairs or spare parts that need to be replaced. This will save you more money in the long run.  

Functionality of New Car Warranty



When you are planning to purchase a new car it is suggested that you confirm the new car warranty, which comes with the car. Not all the new car warranties offer the same benefits to the owners. A warranty gives the owner a shield against any major expenditure, in case of breakdown or mechanical failure. A general warranty covers major failures like the transmission, engine, belt drive and transaxle. The best guaranties even cover heating, antilock brakes, air conditioning, overheating, air bags and most of the computer systems and accessories.

New car warranties apply to new automobiles and are valid even if the vehicle changes hands. A full warranty of the manufacturer gives all the necessary services to the owner almost at no cost. It even allocates diagnosis of all the covered systems, and reinstallation and removal of all the covered components inside a system. Several dealers make an alternative car available for the duration of emergency and scheduled service events. This helps owners to carry on with their regular schedule without any hindrance.

New cars that are driven out of a dealership are covered fully by the manufacturer’s warranty. Increased consumer demand for them has forced dealers to bundle warranties as a part of the promotion package.

Getting an Aftermarket Auto Warranty from a Dealer


 

When you purchase a new automobile from the dealer, the automobile is covered with a factory guarantee. This guarantee will pay for repair charges of your automobile for a definite time period or mileage whichever happens earlier. After the initial factory warranty gets expired, you might prefer to buy a continued warranty. Any kind of warranty given to you by a dealer or a third party apart from the initial factory warranty is called an aftermarket car auto warranty.

Guaranties can be purchased either from a 3rd party company or through a dealer. Purchasing the warranty from a dealer is the most secure method since they will endorse the warranty in future if there is a need. Sometimes agents who sell an after market auto warranty simply vanish and you may face a tough time finding the network garages for repairs and claim your benefits. Nevertheless, warranties purchased from dealers are costlier, and at times present lesser coverage as compared to warranties purchased from 3rd party companies. Irrespective of where you purchase the warranty coverage from, take time to do a bit of research first. You need to be certain that you are buying it from an A grade company prior to dealing with them. A number of 3rd party concerns are members of risk-retention, under-funded groups as opposed to casualty insurance and true property groups. By purchasing your warranty from a dealer, you can be certain about stability.

New car warranty

Whenever a new car is bought the company provides a fixed duration warranty to the spare parts. Under this warranty, not all the parts of the car are covered, however one may get a warranty for new cars get done by a private warranty providing company by paying a small premium. Getting the warranty certificate helps in reducing the risk involved and provides an extra option for a customer in terms of warranty.

For new cars the premium that is to be paid to get the warranty done is only a fixed small amount when compared to the money required for getting the warranty for an old car.

There are some individual companies that deal in providing warranty of the new cars that can be extended at an extra premium. However the extended warranty cost comes out to be less than the cost that is required for getting the car’s warranty renewed. By getting the warranty of the used car done the one is also eligible to get certain other value added services such as free services, free car check up, renewing the pollution under control certificate etc., and hence one must get the car’s warranty done whenever a new car is bought.

Aftermarket auto warranty

There are some warranty companies that provide a warranty to newly bought cars even after their warranty expires. These privately owned warranty companies provide a warranty on the performance of the automobiles so that the customers can enjoy the benefits of warranty even after the companies’ warranty has lapsed. There are certain limitations to this and must be learned before endorsing a policy with the company.
The after market covers only the parts of the automobile that are covered under the original warranty. There is no warranty offered on the chassis of the car and a company is not liable for payments or replacements for any destruction that is caused due to accidents. Accident covers are only covered by insurances but warranties are related to just spare parts that are used in the cars.

Aftermarket auto warranties are also referred to as extended warranties and are meant to provide extra support to the customers, in terms of warranty. There are a number of options that a customer can chose for while getting the aftermarket warranty of their automobiles. The various plans differ from each other in terms of the tenure and the maximum replacement warranty amount that one may get.

You can’t take the risk


Hey did you check the warranty card for the plasma you bought? Off course you did. And what about your new $ 2000 cells phone yes you did. But wait, you drive every morning to your office on your S.U.V which contains complicated machinery known as the engine. It is more likely known as the auto. You cannot afford to take the chance of not claiming your auto warranty when you purchased the S.U.V. What if the engine is malfunctioning and it’s consuming more gas then you ever expected? What if one evening when you were going for a holiday to a hill station with your spouse and children when your journey came to a halt as soon as that engine ceased due to low level of engine oil? Don’t have the sufficient cash in your pocket to fix the engine? You can avoid it from happening in real. All you have to do is to check for the auto warranty while purchasing the new car.
Most companies charge a little to provide you with the auto warranty while purchasing a new car. The contract is on yearly basis just like the case with car warranty. Don’t let a little mistake ruin your big day.



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