22. November 2017
Generally, people purchase an aftermarket auto warranty or an extended auto warranty for their vehicles when their factory warranty comes to an end. When you purchase an aftermarket auto warranty, your warranty provider covers the costs of repair and replacement of specific car parts. Here are some things you should remember when thinking about purchasing an aftermarket auto warranty:
An aftermarket auto warranty usually doesn’t cover the costs of repair and replacement of parts that break down due to wear and tear. An aftermarket bumper to bumper warranty will cover costs for repair and replacement of most parts in your vehicle, but usually this does not include tires, brakes, etc. that break down to wear and tear. However, there are companies that offer warranties that cover wear and tear parts as well. It is wise to buy a warranty that covers wear and tear parts even if this means that is more costly to purchase than a regular mechanical warranty. This is because almost 80% of your car’s repair costs are a result of wear and tear problems that arise. An auto warranty that covers wear and tear issues will help you save a lot of money, especially if your vehicle is older.
26. October 2017
When most people research auto warranties, they mainly look at price. Everyone is looking to get the best rate possible on an auto warranty. However, though price may be important, it should not be the deciding factor when you make the final purchase.
When you look into buying a warranty, it is important to ensure that you buy one that is great quality. In order to get the most out of your auto warranty and to make a smart purchase, here are two very important things to take into consideration when you do your research:
First off, consider the price. Price is an important factor when you make any purchase. However, when it comes to warranties, it is important that price is not the only thing that you look at.
Secondly, make sure you research the company thoroughly. Is the company reputable? Is it an established company? Are they visible online? Are their contact details easily and prominently located? And lastly, is the company accredited and does it have a high rating with the Better Business Bureau?