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If you are not aware of the rules and regulations of an auto warranty, it can be risky to purchase one. It is a good idea to hire a professional car consultant who can guide you through the process of purchasing an auto warranty. You have a higher chance of buying a fraudulent warranty without any assistance.
A fraudulent auto warranty will typically offer a wide variety of features at a much lower cost. The issue is that the seller that is claiming to provide this auto warranty, will not actually be able to provide all of the promised services. Fraudulent warranties are commonly found in the used car market. It is essential that consumers looking to purchase used car warranties proceed with caution when shopping.Â
The US administration created a law that protects consumers from fraudulent auto warranties. it is called the used car warranty law. It is also commonly referred to as the lemon law.
People are heavily reliant upon their cars in order to get them through their everyday lives. If their car is not running properly, a breakdown is much more likely to occur. A vehicular breakdown could make getting through the day a much more stressful task. In addition to being inconvenient, a breakdown could require repairs that can be very expensive.
When an old car completely breaks down, most motorists assume that they just need to purchase another car. If buying a new car is not affordable, or if poor credit is a problem, a used car loan is a great option to help purchase another used car.
After purchasing a car, it is important to purchase used car warranties that can cover the costs of repairs and maintenance. Keeping a car running properly is super important, so if money is a bit of a struggle, an auto warranty helps to save a wallet from taking a hit every time a car goes into the shop.
If you are looking to purchase an auto warranty, it is important to do your research. Some consumers will make a purchase based solely on the cost. Though price is an important factor to consider when purchasing an auto warranty, there are many other factors that should be taken into consideration.
When researching which auto warranty is right for you, always ensure that you are going to be purchasing one that is high quality. Look into the company that you are looking to purchase the warranty from. It is important to make sure that the company is reputable, reliable, established, and visible online. A great way to look into the quality of the company is to look it up on the Better Business Bureau. Make sure that the company has high ratings and is accredited.
If you do your research before purchasing your auto warranty, you will be much more likely to be satisfied with your final purchase.
For the savvy, knowledgeable, cautious shopper there are many opportunities to buy a vehicle well below its actual retail value if they are willing to consider salvage or rebuilt title vehicle. There are many risks when exploring branded title vehicles but if you have a dealership or reliable inspection company fully check out the vehicle before you make a purchase, in many cases you can save a great deal of money.
However, there is a difference between salvage or rebuilt title vehicle and a flood or water damaged vehicle. Flood or water damaged vehicles are generally a much your risk and very rarely work out for the new owner. They tend to have a much larger chance of having mechanical or electrical failures as the vehicles were not designed to have water come in contact with their sensitive components.
If you are going to consider salvage or rebuilt title vehicle you will definitely want to have warranty coverage to protect you in the somewhat likely event that a major failure occurs. Purchasing auto warranty coverage can help you manage the cost of owning the vehicle even if you are faced with a costly failure. Almost all warranty companies will not warranty salvage or rebuilt title vehicle as the risk is very high and they will likely see a large number of claims which makes it a losing proposition for them. Some telemarketers claim to offer coverage for these vehicles but don’t generally stay in business long enough to provide claims assistance as they have no direct underwriting and generally have no intention of paying claims over the long-term.
That being said, there is one company that has been in business since 1979, is A+ rated and accredited by the Better Business Bureau, and has an A/Excellent rated underwriter that provides several coverage options for vehicles with branded titles. If you are going to consider purchasing one of these vehicles make sure to get a warranty quote prior to finalizing the purchase from Auto Advantage Inc. in Yorktown Heights New York. They provide warranties for all vehicles but specialize in salvage title or rebuilt title vehicles. To get your quote please visit www.autowarranties.com or call 800-933-9190.
It has been reported that a variety of companies and marketing firms have been making unsolicited calls to offer customers an automotive extended warranty. When a customer is told that the warranty is about to expire, if they are not educated to the warranty business or their vehicles coverage may sometimes believe anything a telemarketing agent says. Unfortunately in almost every case they are creating this information out of thin air with hope that they can scare or pressure a customer into purchasing warranty coverage for their vehicle. This is obviously a dishonest practice but is borderline illegal as well.
It is also been reported that a variety of third-party companies have been sending a postcard a flyer in the mail with the same general information hoping to coax a customer into calling them so they can attempt to sell them warranty coverage. This process is a high-pressure process, usually involving several levels of sales professionals to try and close the deal.
What these companies never tell you is that in many cases, your car may still be covered by an existing warranty as they have no knowledge of the vehicle’s actual existing warranty status.
Also, there are many levels of warranty coverage that are available that are generally not explained in clear detail to a customer. They simply sign you up, collect your money, and then send you documentation later where you find out there are many loopholes that would allow a claim to be denied. This is assuming the company even has a claims department and any legitimacy at all.
In most cases, you may have simply given money for a product that either doesn’t exist or is not an actual insurance company product.
If the company does have any legitimacy, not having an underwriter simply means that in the event that they have any type of claims activity at all, they can easily be wiped out as they very rarely leave much money in a claims fund to protect the consumer.
The bottom line is a customer’s best option is to reach out to a legitimate warranty provider that is directly underwritten by a US-based, “A” rated carrier. The other option of course is to visit a local dealership and find out what they are offering. The downside to this is that dealerships are generally 50-100% more expensive the same level of coverage you can get in the automotive warranty aftermarket.
The bottom line is you will almost never hear a radio ad or receive a notice by mail from any legitimate warranty company so buyer beware!
If you are looking for warranty coverage a great place to start would be www.autowarranties.com where you can get wholesale pricing for the industry’s highest level of coverage.
Generally in August and September most manufacturers introduce their new models for 2017. This creates an excellent opportunity for car buyers to get very strong deals on 2016 models that are still in inventory. There are however, some tips on how to make your best model year end deal.
Do your research online before you step into a dealership. You want to do your research so that when you get to the dealership you have a good idea of what you want to purchase, and even have some idea of pricing as many of the sites on the Internet provide this service as well.
Timing is important as well. Some models may be a good deal now, but a great deal later. As we approach year-end vehicles that are still left over will continue to drop in price and become much better values.
Many of the manufacturer’s offer very attractive financing or leasing options as well as strong cash-back offers. Weigh your options carefully as depending on your situation, cash-back may be a better deal than financing you may not have needed in the first place.
Typically the vehicles that are being redesigned completely will offer significantly better deals on their model predecessor. This again offers an opportunity to get a lot of car for a lot less money. Look for these models and negotiate your best deal on the 2016’s which will likely be heavily discounted and incentivized.
Lastly, it may be worthwhile to look at manufacturers whose vehicles you don’t currently own. Many of these manufacturers offer “conquest†deals that will offer additional cash-back offers should you decide to switch makes and move over to their product line.
As always, regardless of which car you choose it is very important to consider extended warranty coverage. An extended auto warranty is your best bet on protecting yourself from the inevitable, and unexpected car repair bills you will likely face.
In general, it pays to have extended warranty coverage on any vehicle you own. When the manufacturer’s warranty expires it leaves you vulnerable to frequent and extremely costly repair expenses. Though not all vehicles will experience a major breakdown, most will and the only way to protect yourself from these unforeseen expenses is to make sure you purchase extended auto warranty coverage for your vehicle. This is especially the case with highline luxury or exotic vehicles such as Maserati, Aston Martin, Ferrari, Lamborghini, Rolls-Royce, Bentley, etc. Though the plans we offer have paid out on quite a few extremely high warranty repair claims, we recently set a new high at the claim that exceeded $53,000. This claim was for a Bentley and involved several powertrain issues. It is not uncommon for us to see claims in the $20,000-$35,000 range but this vehicle’s problems have raised the giant red flag about owning these types of vehicles without some type of exotic auto warranty protection.
Most people understand that a dealership can provide you with warranty coverage to protect you from these financial hardships but what few people understand is that you can also purchase this coverage outside of the dealership environment at a considerable savings. That being said, it is essential to do research on any company purchase warranty coverage from as there are numerous providers that are far less than reputable. Ideally you want to do business with the company that has been offering warranties for more than 10 years, has an actual underwriter, is accredited and highly rated with the Better Business Bureau, and that after a Google search, does not have any negative feedback, fraud, or ripoff report listings.
Auto Advantage Inc. is one of the highest rated providers in the industry and is been offering reliable auto warranty coverage since 1979. They are both accredited and A+ rated with the Better Business Bureau and only work with the highest-rated underwriters in the industry. They are also a warranty wholesaler offering their dealership level programs at 10% over wholesale dealer cost as they are non-commission provider. Visit Auto Advantage Inc. now to check the rates and available coverage for your vehicle.
We are often questioned on why we don’t post any testimonials of our happy customers on our website. It is unfortunate, but it is become the practice of many companies, both reputable and not reputable, to either create their own testimonials or higher a public relations firm to do it for them. This is obviously a dishonest and poor way to run a business. We choose not to post testimonials, though we have many, as we simply will not fall into this group.
So how is a consumer supposed to know what companies are reputable and what companies are not? The last thing a customer wants to do is invest their hard-earned money in a warranty program that will simply not pay claims as they promise. The best way to protect yourself as a consumer is to make sure you follow the following guides…
• First, make sure the company you choose for your warranty coverage has been in business 10 years or more so they have shown experience successfully paying claims, not simply selling plans and collecting premiums.
• Second, make sure the plan you choose is directly underwritten by a US-based, A rated insurance carrier. Many “so-called†auto warranty companies are simply corporations or risk retention groups and have no financial or insurance backing. Having a directly underwritten plan means that if the warranty administrator ever fails to exist, your claims will automatically be paid by the insurance carrier and your coverage will be valid regardless.
• Third, you want to choose a company that has an A+ rating with the Better Business Bureau, and perhaps more importantly has been accredited by the Better Business Bureau.
The bottom line is that as you research the different coverage available to you, do not only look at the items covered and the price of coverage, look at the tenure and reliability of the company you are purchasing from. Though we are not the only company in the auto warranty industry, we are one of the best. To obtain a quote visit our webpage.
With vehicle manufacturer’s current drive for safety innovation, extended auto warranty coverage requirements are changing rapidly.  Honda, one of most safety conscious vehicle manufacturers is proving that they have what consumers are looking for in vehicle safety standards.  Honda’s distribution of many of their 2007 and 2008 models include safety feature packages that sty within this frame of mind.  As drivers look at the many protective qualities of the newest cars and trucks, the other concern for consumers is vehicle care and extended warranty coverage.
Safety for inhabitants of a vehicle during a collision runs parallel to auto warranty coverage. Â A driver can access more available safety features and auto warranty coverage flexibility than ever before. Consumers should be researching car warranties to protect the safest cars and trucks being built so far so that they can guarantee the upkeep and safety implementation for their vehicles whenever the need should come.
Do you need hybrid car auto warranty coverage?Â
Paying top dollar at the gasoline station is hard for consumers, commercial institutions, and government agencies alike.  The recent drop in fuel prices being temporary at best doesn’t help matters for anybody.  Especially because deep down, we know it’s more than likely true that prices will go up again soon. It’s no wonder then, that hybrid and other recently improved cars are in such enormous demand.Â
What does this mean for your budget? Gas will continue to be a ridiculous amount of your spending.  It also means auto warranty coverage is going through some changes specific to the new emissions reducing technology.  Both hybrids and energy efficient vehicles require more costly new energy efficient parts and hopefully will be far more expensive to repair. Don’t get caught with one of these very high repair bills, put a high priority on purchasing solid hybrid auto warranty coverage to keep your environmentally efficient vehicle on the road as long as possible.