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Make The Most Of Your Auto Warranty With These Tips

Chevy SonicBuying an auto warranty can be complicated if you do not know enough about them. Therefore, it may be smart to hire a professional auto consultant before finalizing the warranty. The consultant will offer a number of tips to make the most of the warranty. The first important tip is to avoid warranties that are loaded with offers. Auto dealers tend to offer fancy warranties to their consumers, but usually they lack execution of these offers. This usually ends up misleading the consumer. Therefore, go for a warranty that is flexible and has a shorter duration. This will allow you to assess the performance of the service provider and switch agencies if the service that is provided is not at a satisfactory level.

Auto dealers have tie-ups with at least three different independent agencies for their auto warranties. Therefore, evaluate at least five different auto warranty offers before making a final decision of which one to use. The evaluations are available to you at your auto dealer. Also, keep track of the laws that govern the warranty. There are different laws for new car warranties and used car warranties. Therefore, do your research before making a purchase.

Select A Good Auto Warranty

Dodge CaliberAn auto warranty refers to a specific service that is offered by a dealer to the vehicle owner for a period of time from the date of sale of the car. A warranty usually covers the cost of maintenance and repairs performed on a vehicle.

The warranty is issued by the dealer at the time when the car is handed over to the consumer. Any dealer who fails to issue a warranty is liable to be prosecuted under US federal law. Therefore, make sure you get a warranty when you get your vehicle.

The warranty period is available for periods of time ranging from three months to three years or the distance covered by the vehicle. The decision to choose a type of warranty is left to the consumer.

The cost of a warranty depends on what type of warranty the consumer wants. Generally, the most recommended warranty is “bumper-to-bumper” coverage. However, this type of warranty is usually more expensive in comparison to other types of auto warranties.

New Car Warranties

2012 Chrysler 300 srt8A warranty is a guarantee that is made by the seller for the product that is being sold. When the warranty is for a vehicle, it is a contract that states the replacement and repair of parts for a specific amount of time.

New car warranties come with the purchase of new vehicles. New car warranties offer many benefits. When the manufacturer sells a vehicle and offers a new car warranty, it is a guarantee given to a consumer that if the car experiences any mechanical defects or failure, it can be replaced or repaired free of charge. There are different types of new car warranties, such as the “powertrain” and “bumper to bumper” warranties. The powertrain warranty offers the coverage for all of the parts of the vehicle that make it run and the bumper to bumper warranty covers all of the parts of the car from bumper to bumper.

Therefore, new car warranties provide you with peace of mind when you receive your repair bills.

Buy An Aftermarket Auto Warranty That Provides Wear And Tear Coverage

1995 Acura IntegraMost people tend to spend a lot of money when purchasing an aftermarket auto warranty or and extended warranty for their cars. These warranties come into play after the original warranty or factory warranty on your car is terminated. Once you purchase an aftermarket auto warranty, then the bills for changed parts and repairs are paid by your warranty provider. However, there is something very important to know when you are planning on buying an aftermarket warranty:

An aftermarket warranty, like most new car warranties or dealer warranties, doesn’t usually provide coverage for expenses and repairs that are related to wear and tear. While an aftermarket bumper-to-bumper warranty will take care of expenses incurred on changes and repairs performed on almost all of the parts of your vehicle, it still won’t cover your brakes, tires, etcetera. However, there are some companies out there that will provide a warranty that cover wear and tear parts as well. It is smart to purchase a warranty that covers wear and tear parts even if it a bit more expensive that a regular mechanical warranty. This is because approximately eighty percent of your vehicle repair charges are incurred due to wear and tear issues, and you will save a lot of money with this type of warranty, especially if you have an older vehicle.

There Are Two Types Of Extended Auto Warranties

2008 Honda Accord CoupeThere are two different types of extended auto warranties. There are ones that are backed by the manufacturer and then there are ones that can be retrieved through an aftermarket auto warranty company.

An extended auto warranty that you get from a manufacturer consists of a large variety of repairs and services. Repairs performed on your car are generally done at a dealership that has been approved by the manufacturer. This means that you will not have any issues getting the repairs performed.

Extended auto warranties bought through an aftermarket company will cost a lot less money. This type of extended warranty will vary in price and in quality that will depend upon which company you choose to purchase from. As a result, it is very important for you to shop smart.

No matter where you get your warranty, always remember to do your research before making a purchase. Be sure to compare warranty quality and price before making a final decision.

An Aftermarket Auto Warranty Provides Car Assurance

Hyundai AccentAn aftermarket auto warranty is also known as an extended auto warranty. They are different from warranties that are provided by manufacturers at the time of the vehicle purchase. The warranty that is purchased after the original factory warranty is terminated is the aftermarket auto warranty.

The owner of a vehicle needs to buy the aftermarket warranty because the car is likely to experience wear and tear even after the original warranty is terminated. Before purchasing an aftermarket warranty, there are many things that must be considered. Such things include physical condition of the vehicle and the miles coverage. The vehicle owners can save money on the cost of replacement and repair of parts that are covered by a warranty.

However, the customer should be wary when signing an aftermarket warranty deed because there have been cases of fraud reported. Prior to purchase, the consumer should ensure the coverage being provided by the aftermarket dealer.

Aftermarket warranties are offered by car dealers or third-party companies. Usually the dealer offers less coverage than that of a third-party company. Consumers should always be certain to check the Better Business Bureau’s ratings for the company that they are purchasing from. Purchasing from an A+ rated company will provide consumers with assurance when making the purchase.

Vehicle Maintenance And An Auto Warranty Can Give Motorists Peace Of Mind

Vehicle Maintenance FacilitySpring is on its way, which means that it is time to give your vehicle a tune up. There are some things that should be done in order to ready your car for the warmer weather.

First off, shampoo your engine to verify whether or not your vehicle is experiencing any leaks. It is also important to check your fluid levels and your tire pressure.

You should also bring your car to a shop to verify the condition that your brakes, transmission, and battery are in. The tires should also be inspected for wear and tear. This is very important because when your car is running cleanly and smoothly, you will get better gas mileage out of it.

It is also important to know the condition of the parts that are being used for repairs in your vehicle. If you have a used part installed, an auto warranty will not cover it. Keep the paperwork for proof of what maintenance and repairs have been performed on your car in the event that a problem occurs.

Maintaining your vehicle properly helps keep its value up for a longer period of time and also helps save you some money in fuel costs. To save you money on expensive repairs, be sure that your vehicle is covered by an auto warranty. This can help any motorist feel peace of mind when keeping up with your car’s maintenance and repairs.

Avoid A Fraudulent Auto Warranty

Lemon LawAn auto warranty is a maintenance and repair service provided for a vehicle by a dealer associated with a third party vendor and the car manufacturer. A warranty is issued when a new or used vehicle is delivered from the showroom. An auto warranty covers the costs of replacing minor spare parts. It does not usually cover the cost of replacing more expensive spare parts.

Warranties are split into two categories: new car warranties and used car warranties. New car warranties are issued for brand new vehicles and used car warranties are issued to pre-owned vehicles or vehicles sold in the aftermarket.

When buying used car warranty, it is important to be on the lookout for fraudulent warranties that are in circulation in the warranty market. The US government created a law that protects car owners against fraudulent warranties. This law is referred to as the lemon law. If dealers sell warranties that are fraudulent and promise features that are not delivered, they are liable to punishment by the law.

A used car warranty can be expensive when compared to a new car warranty because there are several risks that are involved. Therefore, be wary when purchasing used car warranties in order to avoid fraudulent warranties. Assess at least five different offers for warranties before going ahead and purchasing one. Also, consult an auto dealer before making the purchase.

4 Types of Coverage You Can Get From An Auto Warranty

2011 Dodge AvengerIf you buy a new car, an auto warranty is a smart investment to make. An auto warranty offers four types of coverage:

1. One type of coverage you can get is a bumper-to-bumper warranty. This is basic coverage that covers all parts of the car from bumper to bumper.

2. Another type of coverage you can get is a powertrain, or drivetrain warranty. This provides coverage for the parts of your vehicle that make it run. Some parts that would be included are the engine, the drive axels, the driveshaft, and the transmission.

3. You can also get coverage for corrosion or rust. This will cover any rust-through issues you may have on your vehicle.

4. A last type of coverage you can get is roadside assistance. This may be a service provided for you while you have a basic warranty that is active. It will provide you with things such as running out of gas, lockout assistance, flat tire assistance, and towing.

To familiarize yourself with all of the details of the type of coverage you will receive from your warranty, look in your owner’s manual or warranty booklet. If you still think you are not being provided with enough coverage, it is a smart idea to look into purchasing an extended warranty.

An Extended Auto Warranty Can Increase Your Car’s Trade-In Value

2002 Acura RSXA car’s trade-in value is determined by how sought-after it is in the used car market. A car that is in good condition, has not had multiple owners, and has an accident-free history, will have a good trade-in value. One of the most significant factors in value is whether or not it was regularly and correctly serviced. If the owner had an extended auto warranty then it was probably serviced regularly and correctly because the owner didn’t need to pay for many of the repair costs.

Appraisers determine the value of a car that is getting traded-in based on many factors. They will take into consideration whether or not maintenance was regularly performed on the car and also any major repairs that had been performed. Cars that were under warranty usually have less mechanical problems because the owner didn’t worry about repairs being performed in a timely manner. This is due to the fact that the warranty covered the repair costs. Dealers want to sell these cars on their lots due to their reliability, and this is important to consumers who are looking to buy a used car.

To be certain that your car has a good trade-in value, maintenance your car on a regular basis and get necessary repairs performed in a timely manner. In order to avoid excessive repair and service costs, it is smart to purchase an extended warranty.



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