Tips For Car Extended Warranty Shopping
By David Cunningham
One of the best things about getting a new car is having a mind that is free of worry about breakdowns and various other car problems. It is important to remember, however, that no car is perfect and, down the line, there are bound to be some problems. A car extended warranty is the best way to be protected against anything that could go wrong, but it is important to go about buying one in the right way.
It may seem logical to buy a car warranty from the dealership, but this is actually a fast track to spending way more money than is necessary on a car extended warranty. Dealerships tend to mark up extended car warranties by as much as a thousand dollars, and that is not the only problem. They can also make it very difficult to get a claim approved when something goes wrong. Car warranty companies typically provide much better service at a far more reasonable rate.
After signing the check for a down payment, spending money on a car extended warranty might seem like a bit of a financial stretch. However, it is far more financially responsible to buy the vehicle warranty right away instead of waiting until the car is a bit older. As a car ages and puts on more mileage, a company will see it as a risk and charge a great deal more to cover it.
When it comes to the actual car extended warranty, there are a few important features that nobody should ever go without. In case of an emergency, it is important to have roadside assistance and towing included. It is also important to make sure that someone from the company will be available at any time of any day in case something goes wrong with the car.
One of the most important features of extended car warranties is coverage for wear and tear. Before signing anything, it is important to find out if this is included and, if so, what exactly falls under the category of wear and tear. This can be a grey area and misunderstanding it could cost thousands in car repairs down the line.
Anyone who purchases a new car should also consider purchasing a car extended warranty for their vehicle. However, they should not just sign the one that is put in front of them by the dealership. Keeping these few simple tips in mind will save money and frustration if and when something does go wrong with the vehicle.