Shopping for an Extended Car Warranty

Shopping for an extended car warranty can be painless, and using the power of the internet can help to make the process faster and more informative. The great thing about using the internet to do this kind of research is that you will have the experiences of many other people at your disposal, so you can learn from the mistakes of others instead of making them yourself.

Consider that people are keeping their cars for a lot longer than they used to in the past, and with the recent economic crunch the sales of used autos is on the rise as well. This makes the sale of an extended car warranty a very profitable thing. Because of this an entire industry has sprouted up, selling these warranties and selling your interest in them to affiliates and other lead purchasers. When researching your purchase, you must be careful to avoid companies that appear to sell warranties but actually just collect your information and sell it to other companies. This will usually result in you getting bombarded with spam via email, and phone calls wanting to sell you a car warranty, among other things.

The first thing to decide is if you actually need a car warranty. If your car is still covered by the manufacturer’s warranty then of course the answer is no. Likewise if the car is in good running order and you will be selling it or replacing it soon, the answer is also probably no, but that would depend on your circumstances.

So you’ve decided that you need an extended car warranty. Now you need to research the companies that provide them. One thing you should look for when researching is a Better Business Bureau rating of “A” or better. This will indicate to you that the company is stable and has few complaints in relation to the number of satisfied customers.

Another thing to consider is the extent to which the warranty will cover repairs to your car. Look for what parts and repairs are covered and what’s not covered. Start by looking up the things you’ve had to repair on your previous cars. Are they covered or would you have had to dig into your own pocket for those repairs? Obviously more comprehensive coverage will cost you more so you have to weigh your coverage options with what you can afford.

Finally, be sure to research the payment options for repairs. Some companies make you pay upfront and reimburse you while others will pay on their own.

If you do your homework, buying a car warranty can be informative and easy, and will give you much needed peace of mind that is so important these days.
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Shopping for an extended car warranty can be painless, and using the power of the internet can help to make the process faster and more informative. The great thing about using the internet to do this kind of research is that you will have the experiences of many other people at your disposal, so you can learn from the mistakes of others instead of making them yourself.

Consider that people are keeping their cars for a lot longer than they used to in the past, and with the recent economic crunch the sales of used autos is on the rise as well. This makes the sale of an extended car warranty a very profitable thing. Because of this an entire industry has sprouted up, selling these warranties and selling your interest in them to affiliates and other lead purchasers. When researching your purchase, you must be careful to avoid companies that appear to sell warranties but actually just collect your information and sell it to other companies. This will usually result in you getting bombarded with spam via email, and phone calls wanting to sell you a car warranty, among other things.

The first thing to decide is if you actually need a car warranty. If your car is still covered by the manufacturer’s warranty then of course the answer is no. Likewise if the car is in good running order and you will be selling it or replacing it soon, the answer is also probably no, but that would depend on your circumstances.

So you’ve decided that you need an extended car warranty. Now you need to research the companies that provide them. One thing you should look for when researching is a Better Business Bureau rating of “A” or better. This will indicate to you that the company is stable and has few complaints in relation to the number of satisfied customers.

Another thing to consider is the extent to which the warranty will cover repairs to your car. Look for what parts and repairs are covered and what’s not covered. Start by looking up the things you’ve had to repair on your previous cars. Are they covered or would you have had to dig into your own pocket for those repairs? Obviously more comprehensive coverage will cost you more so you have to weigh your coverage options with what you can afford.

Finally, be sure to research the payment options for repairs. Some companies make you pay upfront and reimburse you while others will pay on their own.

If you do your homework, buying a car warranty can be informative and easy, and will give you much needed peace of mind that is so important these days.

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