Do I Need an Auto Warranty?
If you've recently purchased a car or are considering purchasing one, it's imperative to know the importance of purchasing an extended auto warranty. An extended car warranty is just what the name suggests -- an expansion of coverage for your auto.
Maybe the car you own came with a complete warranty. If so, it's still a good idea to buy an extended auto warranty plan. Be advised that the sooner you purchase your plan, the more money you will save. Although you can get an extended warranty long after purchasing your vehicle, you will probably end up paying more. Your best bet is to purchase a plan as soon as you possibly can. This will ensure uninterrupted coverage and the best rates.
Many car dealerships offer extended warranty packages that can be paid for at the same time as your car. You can also choose to buy a warranty from a third party company. You may think that your new car doesn't need an extended warranty. However, it's hard to predict what may or may not go wrong. Even with a new auto, truck or SUV, things can go wrong. With the rising cost of labor and parts, an extended car warranty can save you a boatload!
When searching for an extended vehicle warranty, consider plans offered by third party companies in addition to the ones offered by the dealership. Often these third party companies can offer you a better rate and a more inclusive plan. Be sure that the plan you decide on covers both parts and labor. SSome plans will only cover parts, and in such a case, you'd be stuck paying extravagant labor rates. Nowadays, it's not uncommon for car mechanic shops to charge more than $50 per hour for labor alone!
Before spending any money on an extended auto warranty, make sure you know all the details of the plan. Some plans may require a deductible while others won't. Some vehicle warranties cover parts and labor, while others just cover parts. It's important to find a plan that covers not only mechanical failure, but wear and tear also. Certain plans even provide things like 24-hr roadside assistance in the event that you find yourself stranded by the roadside.
There are many various providers of extended vehicle warranties. You can buy a plan from the car dealership, a warranty provider with a physical location, or a warranty provider that does business online.
Regardless of where you choose to buy your extended warranty from, do some research to make sure you're getting the best deal from the best company. Just like any business, there are good companies and there are bad ones. Choosing the right provider can make the difference between a great extended warranty and one that's not so great!
Jackie Jones runs the popular vehicle extended warranty shopper website. Do you need to buy a car warranty or get more information about auto extended warranties? Visit AutoWarrantyShopper.com today!