A useful auto warranty tip for first time car owners, and any other vehicle owner for that matter, is figuring out whether or not to invest in an extended warranty at all or if it is even worth the extra cost that you would have to pay for it.  Most people buy used cars because this is all they may be able to afford at the point in time.  But ambitions are set higher and most of those same individuals dream of the day that they will drive a brand new car.  So buying a used car is the immediate solution to one problem, and the stepping-stone to achieving greater things. 
It is also a temporary move with the intention that the car would be sold in the not-so-distant future – as short as a couple of months or as long as a couple of years.  The question to ask oneself is therefore: do I, or do I not invest in an additional warranty plan for this vehicle?  True, it would save you the hassle of breakdown repairs and even roadside service assistance, but in the long run would you be paying more money for this plan than you need to for your immediate use?  Is the additional investment a worthy one?  Chances are that if your car is in good condition and looks to need little or no repairs or replacements, then your best option altogether is to forgo the extended warranty!

A car warranty is like your vehicle’s health insurance – you can use it during the insured period to help with the cost, or at least part of the cost, of repairs to your vehicle.

But just as a person’s health insurance policy is issued based on his or her current state of health, so too is your car warranty issued based upon its age and current state of fitness (which would include the vehicle mileage used to date). Much like your health insurance coverage is based upon your age, so too is your vehicle’s warranty based upon it’s life – if your vehicle is too old or has a high mileage , then it become increasingly difficult to issue a car warranty to cover its ‘life’.
Additionally, a health insurance will not cover you for every single sickness, disease or virus that you may come upon. It does not cover certain fatal illnesses or sudden death coverage. Your car warranty works very much on the same principle. Some warranties, for example, cover the cost of repairs for all the parts of the car while others cover only specified parts. Which coverage you have or do not have depends a lot on the age and health of your car.

The aftermarket auto warranty is designed to protect your car, or more specifically to protect you when your car breaks down or wears down.  It is a warranty or a service contract that is bought at an additional price to the vehicle purchase and it differs from all other warranties for the said reason – it is the only warranty that you must purchase.  It is also the only warranty that you can get at any other time after the first purchase of the car; more so, you can purchase this warranty at any other dealer or service provider different to the dealer that you buy the car from.
The aftermarket auto warranty is different from all other warranties also for the very reason that it is not really a warranty.  Since you are paying for this coverage, you could say that it becomes more of a guaranteed service that is valid for the terms of purchase agreed upon.  Most times this term of purchase simply means the type of coverage (limited or fully comprehensive), the period of coverage, or the distance covered in terms of mileage.  The aftermarket auto warranty is simply designed to extend the coverage of an existing warranty or to provide coverage for a vehicle where there formally existed none.

 

 

Never trust a salesperson’s words especially when it comes to an auto warranty.  Why?  Quite simply because a wolf will always be a wolf regardless of the clothes he wears; likewise a salesman will always be a salesman even if it’s your favorite uncle trying to sell you his used car, he too winds up being nothing more than a salesman trying to get his car sold.  The point is, people will make promises and give their words without written contracts to get their vehicles sold. But at the end of a sale, without a binding agreement for that individual to stand the cost of repairs or to uphold whatever other promise he or she had made, you would not have a fighting chance to hold them to their words.

 

It is common habit for any dealer to provide with the sale of a car a vehicle guide that should include any and all agreements made and contracts sold with the car.  It is a very good idea to read this carefully when you agree to buy a car, or at least for the least to hold on to a copy of this – auto warranty tip number two!

Buying a car is a luxury for many. Many have to wait for many years saving every dime, or opt to apply for loans with high interest rates. And still the car continues to incur costs if there is an unexpected break down or mechanical failure.

Even the best car can break down, or some major parts might not work as efficiently as it should. Usually car insurance will provide for repairs only in the case of accidents. For minor or major repairs or maintenance costs there is another option. This is where warranty services are needed. Though the car companies might provide warranties, third party warranties or an aftermarket auto warranty is needed. These warranties can actually get you a discounted cost on repairs or spare parts that need to be replaced, which will save you more money in the long run.

Whatever the warranty may be, careful consideration of the warranty details will help you in times of need. Many warranties might not cover major repairs or replace imperative parts. If you are looking to have these cost covered then you should consider the benefits of a bumper-to-bumper warranty.

Auto warranty refers to a service under which the car dealer in association with a local firm takes up responsibility for the repairs and maintenance of a car for a brief period from the date of sale. For instance, if a particular vehicle develops a mechanical failure or engine fault, the repair charges will be covered under the warranty. A vehicle owner doesn’t have to pay for the cost incurred to repair the car.

The auto warranty covers some basic aspects of the car like engine, drive train, power train, break system, steering system and other small repairs.

An auto warranty comes in two categories. They are original warranty and after-market warranty. Original warranty is the warranty issued to the car owner at the time of purchasing a brand new car from the vehicle dealer. This original warranty comes for a limited period of three years or the minimum distance covered during that period.

Once the original warranty period expires, car owners can choose an after-market auto warranty. They are called so since they can be subscribed to only after the original warranty period expires.

Just like original warranty, the after-market auto warranty comes loaded with features. The best known package under after market auto warranty is the ‘bumper-to-bumper’ package, which takes care of the entire vehicle.

It is always better to know the rules and regulations before opting for an appropriate used car warranty package. In the US, the used car warranty law varies from state to state. However, there are some common features across all states to ensure that vehicle owners are not duped by fraudulent used car warranty.

As per rules, no used car dealer can sell the vehicle without issuing the warranty to the car owner. In case, such transactions are executed without the knowledge of the used car buyer, the dealer can be taken to a court of law for deviating from the set procedures and norms. Also, the dealer should give the used car buyer the flexibility to choose an used car warranty of his / her choice. The dealer cannot force the car buyer to buy specific used car warranty.

Used car buyers should also insist on a wide range of warranties before finalizing any package. Make sure that the used car warranty package covers main aspects like power train, drive train, engine, break mechanism and steering system. There are possibilities of fraudulent used car warranty being passed on to the car buyers. Always, check the authenticity of the warranty by judging the testimonials of the firm issuing it.

 

More often enough, people are under the assumption that their responsibilities of maintaining their vehicle seizes once they get aftermarket auto warranty.  Buying an aftermarket auto warranty however does not necessarily imply that your car’s maintenance and repairs are no longer your immediate concerns.  In fact, it is quite easy to get oneself into a fine mess if not careful about the purchase of the aftermarket auto warranty.  Time and time again you have heard it: “Read carefully before you sign or buy!”  Most people would be surprised to know that the most common reasons for a warranty claim to be denied are because of a lack of understanding of the information within the warranty, or simply the neglect to read the information within the warranty.

Most aftermarket auto warranties require that you service your vehicles at the specified servicing times or mileages specified in your contract.  Even missing a simple oil change can mean that you have broken your contract.  Remember, most companies operate to make money, and where possible they try to avoid paying claims as much as possible.  Do not let their next victim be you – read carefully!

Extensive markets exist for used cars.  These markets thrive because many people cannot afford the immediate costs of new cars.  Many car owners buy newer model cars and sell an old car every three or four years, thereby increasing the used car market.  These cars need to be appropriately serviced and repaired in order to function properly.  Many car dealers offer used car warranties on these cars, the length of each policy depending on the condition of the car.

The customers are advised to be careful of cheap unknown companies that attempt to sell used car warranties.  They should be well informed on the contents of the warranties and more particularly, conduct their transactions with a safe, reputable company.  This is essential so that they can reduce the likelihood of being robbed and cheated out of hard-earned money.

While many warranty companies offer warranty contract to used car buyers, it must also be noted that some of these companies also design their own auto warranties.  This means that they can insert hidden clauses which can be missed or by-passed by the salesperson.  It is your responsibility therefore to review thoroughly all clauses and have all questions addressed in a manner acceptable only to yourself before agreeing to buy any used car warranty.  Researching both the company and the warranty can prove to help immensely and save you a lot of regrets later on.

 

If you have recently purchased a vehicle, you may have been faced with the question of purchasing 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, 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?