When you go online to research extended warranty products, you will be given all kinds of advice, most of it is pretty similar however information overload is not advisable. Ensure that you stick to reliable sites that offer helpful and friendly advice before deciding on which warranty to purchase. Many extended warranty sites will advise that you should ensure that you have wear and tear cover as well as roadside assistance and they are correct. However not many articles tell you what exclusions to expect in an extended warranty. more…
It is bad enough having to do your taxes every year, but have you ever thought that if you are entitled to a rebate on your tax, you could use this rebate to purchase an extended warranty product for your vehicle. This is a really good way to use the money and means that you don’t have to be out of pocket when you need to purchase an extended warranty. It is like getting an extended warranty for free! more…
A late mode vehicle requiring major repairs during a year or two of the expiry of the original warranty is often able to have repairs done free of charge under a “Secret Warranty” sometimes called a “Goodwill Adjustment”, the list of secret warranties for most cars sold and manufactured in the US for the past ten years, is available from the Centre for Auto Safety in Washington D.C. more…
The average car on the road in America is approximately seven years old and auto repairs to the car will cost around 5% of a normal family budget, this includes battery, tires, tune ups and major repairs such as transmissions. In comparison to the 15% of the family budget that it takes to replace an older car, extended warranties start to look really good; this is one way of getting the longest life possible out of a family car. more…
Motor vehicles are rapidly becoming more technologically advanced, however, this does not appear to make a difference to the vehicle repair market. Auto repairs are becoming more expensive by the day. This is contrary to technological markets such as computers, they are becoming cheaper by the day and typically more disposable income is available. A computer keyboard that does not work is not repaired, it is quite economically replaced. more…
When you enter into the purchase of a new motor vehicle, on the benefits, besides the “new car smell’, is the bumper to bumper warranty you receive. This is a factory cover and generally lasts for a period of three years or a certain amount of mileage. The generally accepted amount of mileage is 36 000 miles. This essentially means that any electrical of mechanical components are covered by a factory warranty for the duration of the three years or 36 000 miles. more…
An extended warranty administrator is the company that has the responsibility for paying your auto claims. Often the administrator is not the insurer who covers your claims and it is generally wise to purchase your extended warranty from the administrator direct. In this way you can usually rest assured that their warranty plan is re-insured with an “A” rated insurer. You are allowed to check out their facts and figures and some people even go so far as to look into their claims handling history. This is a wise move! more…
Always compare extended warranty products, not only for price, but also for features before you even go to the car, truck or SUV dealership to purchase a vehicle. This is the only way you can ensure that you will purchase a reliable product. Car dealers often support no name brand warranty products, and the chances are that if you just take their word for it, and purchase any old warranty they suggest, you will be making a big mistake. more…