What You Should Know About Extended Warranties
Most of the time dealerships will offer you an extended warranty when you buy a new or used car from them. Here are some things you should know about extended warranties before you purchase one.
First off, you should be familiar with certified used cars. If a used car is certified, this tells us that an extended warranty is put on the car previous to purchase. This auto warranty will come directly from the manufacturer which means you won’t pay extra for the warranty when purchasing the car through the dealership. A certified warranty means that the original manufacturer backs it up, and also means that the dealership already performed inspections on the car to make sure it meets the required standards.
The next thing you should be familiar with is new car warranties. When you buy an extended warranty for a new car, you should know how long you intend on keeping and using the car. If you plan on keeping the car for longer than the standard factory warranty covers it, then it is a smart idea to purchase an extended warranty.
If you are not buying a new car, but instead decide to buy a used car, you should be familiar with used car warranties. When buying the used car you should find out what the standard warranty from the dealership covers on your car. These warranties vary from very short intervals of coverage to longer intervals of coverage. In addition, be sure to find out from the dealership if any part of the original manufacturer warranty is still covering the car. If you are planning to keep this car for a long time it is a good idea to invest in an extended warranty.
When it comes to extended warranties you should definitely be familiar with coverage. Different extended warranties offer different coverage. Certain warranties only cover more serious issues with the car, such as a transmission problem. Others will offer coverage on smaller problems too, such as electric windows.
Another thing about extended warranties that is essential to be familiar with is cost. Each auto warranty will range in cost, therefore it is important to know exactly what each warranty covers and what warranty is right for you. Also, buying an extended warranty from a dealership could mean extra money, so it is a good idea to look into companies that offer aftermarket auto warranties to compare price.