Save money with an online car warranty!
Many consumers are
unaware that they can purchase an extended car warranty long after the
purchase of the vehicle itself, even after it's factory warranty period
has expired. In fact, most vehicles qualify for an extended car
warranty up to 100,000 miles, and some even further to well over
100,000 miles.
The most important advice that we can give anyone on purchasing a car
warranty is not to do so at the dealership where you buy the vehicle.
The dealer simply buys the warranty and marks it up dramatically and
then will even roll this inflated price into the original purchase
price of the vehicle and finance it for you. While this initially
sounds good, consider that the dealer is profiting not only from the
warranty but also the interest on the warranty cost that you are now
paying for each month for the life of your car loan. This is just one
of the reasons that car dealers make so much money.
The wisdom of having a car warranty that will last long after the
factory warranty has expired is evident when you consider that a
vehicle is one of the most expensive purchases that you can make, and
maintaining it properly is essential to it's performance and
reliability. If you buy the car warranty soon after purchase it will
also cost much less than if you wait to do so. Generally, the cost of
the extended warranty increases as the vehicle ages.
Here are a few important recommendations regarding purchasing your
warranty directly:
- Be sure to get a car
warranty that is also transferable as this will be a great bargaining
chip later on if you decide to sell the vehicle.
- Do the regular
maintenance scheduled for your vehicle and keep good records to prove
that you have done so. This will avoid the possibility of having your
warranty voided for any reason.
- Read the contract
carefully before purchase. See if it includes wear and tear costs for
parts or only part failures. Also make sure that it covers any luxury
equipment that your vehicle may have.
- Never buy any car
warranty that you cannot cancel within the first 30 days.
- Check to see if there
is a waiting period before the contract goes into effect. Some are in
effect right away, but others may have a 30 - 60 day waiting period
before they go into effect. Know this before purchase.
We have listed the companies that we feel will provide you with the
best service for obtaining a car warranty. They are listed below so you
can browse through their offerings.
Recommended Car Warranty Resources
Warrantybynet.com
- Choose from extended warranties for autos, home, motorcycles, or
electronics. Buy direct from the source and save. Get great coverage
for much less!
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