Things To Be Sure To Know About An Auto Warranty

 

Any vehicle owner can feel at ease when bringing their car to the shop if they are covered by an auto warranty. Auto warranties cover repair and maintenance costs for your vehicles. Here are three things to be sure you know about an auto warranty:

1. Know where the auto warranty is coming from. Is it coming from a manufacturer or an aftermarket company? It is important to be aware of who is handling your policy.

2. Thoroughly read through the warranty so that you are aware of how long it will last and what coverage you are getting from it.

3. Be aware of and be sure to perform any and all required maintenance on your vehicle because warranties only remain valid if you get specific work done to your vehicle. Also, keep a record of all maintenance and repairs performed on your vehicle in the event that you ever need to handle a claim.

Auto warranties provide peace of mind when bringing your vehicle to your mechanic for repairs and maintenance. If you want to get the most out of your auto warranty, it is important to know all of its details.

 

Things To Keep In Mind About New Car Warranties

 

 

A warranty is a guarantee made by a seller to a consumer for a product being sold. When the warranty is for a vehicle, it is a contract that provides coverage for replacement and repair costs for certain parts of the vehicle for a specific amount of time.

New car warranties provide many benefits for a consumer. When a consumer buys a car from a manufacturer, a guarantee is given that if there are issues with the car, like defects or mechanical failures, the cost of replacement and repair of those parts will be covered by the auto warranty. There are two kinds of new car warranties. The first is the bumper-to-bumper warranty, which provides coverage for all parts of the car from the front bumper to the back bumper. The second kind of coverage is powertrain coverage, which covers all of the parts that make it run.

New car warranties ease the minds of motorists every time they bring their vehicle to the shop and receive a repair bill.warranty

Does An Extended Auto Warranty Cover Overheating?

When you are choosing an extended auto warranty program is important to look through the various exclusions of the policy you are purchasing. Most reputable auto warranty providers make their inclusions and exclusions clear and concise and have no mixed wording to confuse a repair shop or customer. However, some of the shadier companies out there, typically without a direct underwriter to get out of many different claim situations.

Overheating is a good example of this. Some companies will exclude any repair, even if it has nothing to do with the vehicle overheating if there is any sign that an overheat has occurred. More reputable providers will cover the failure of any covered part as long as owner negligence did not close the failure. Owner negligence in reference to a vehicle that is overheated would be if a driver would continue to operate the vehicle even after the gauges or warning lights have come on. This would obviously cause additional damage to the vehicle from continued operation after the overheat and would not be covered by any warranty program. So in conclusion, it is not overheating that is not covered by a quality auto warranty program, it is the damage caused to the vehicle by the continued operation after the vehicle has overheated.

To be sure you get one of the highest quality auto warranty is available you can request a quote from Auto Advantage or other A+ rated and BBB accredited warranty companies.

 

An Aftermarket Auto Warranty Can Cover Wear and Tear Parts

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.

Increase The Trade-In Value Of Your Vehicle With An Extended Auto Warranty

The trade-in value of a vehicle is determined by how desirable it will be in the used car market. A vehicle that is in good shape, has an accident-free history, and hasn’t had multiple owners will have a higher trade-in value. One of the most important factors in the vehicle’s value whether or not it was properly maintained and serviced. If the owner of the vehicle had an extended auto warranty, it was likely serviced and maintained properly and regularly because the owner did not need to fret about the cost of maintenance and repairs.

When appraisers determine a vehicle’s value when it gets traded-in, they take many factors into consideration. They will look at whether or not maintenance was performed on a routine basis and also if and what major repairs were done on the vehicle. Vehicles under warranty generally have less mechanical issues since the owner did not worry about repair costs and got repairs and done right away. This is because the costs were covered by the auto warranty. Dealers want these vehicles to be sold on their lots since they are more reliable and reliability is important to consumers who want to buy a used vehicle.

If you want to ensure that your vehicle maintains a higher trade-in value, maintain it properly and regularly, as well as have necessary repairs performed right away. If you want to avoid any excessive service and repair costs, it is wise to purchase an extended auto warranty for your vehicle.

 

Do Research Before Buying An Auto Warranty

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?

Auto Warranty Scam Warning

 

It has been reported that a variety of companies and marketing firms have been making unsolicited calls to offer customers an automotive extended warranty. When a customer is told that the warranty is about to expire, if they are not educated to the warranty business or their vehicles coverage may sometimes believe anything a telemarketing agent says. Unfortunately, in almost every case they are creating this information out of thin air with the hope that they can scare or pressure a customer into purchasing warranty coverage for their vehicle. This is obviously a dishonest practice but is borderline illegal as well.

It is also been reported that a variety of third-party companies have been sending a postcard a flyer in the mail with the same general information hoping to coax a customer into calling them so they can attempt to sell them warranty coverage. This process is a high-pressure process, usually involving several levels of sales professionals to try and close the deal.

What these companies never tell you is that in many cases, your car may still be covered by an existing warranty as they have no knowledge of the vehicle’s actual existing warranty status.

Also, there are many levels of warranty coverage that are available that are generally not explained in clear detail to a customer. They simply sign you up, collect your money, and then send you documentation later where you find out there are many loopholes that would allow a claim to be denied. This is assuming the company even has a claims department and any legitimacy at all.

In most cases, you may have simply given money for a product that either doesn’t exist or is not an actual insurance company product.

If the company does have any legitimacy, not having an underwriter simply means that in the event that they have any type of claims activity at all, they can easily be wiped out as they very rarely leave much money in a claims fund to protect the consumer.

The bottom line is a customer’s best option is to reach out to a legitimate warranty provider that is directly underwritten by a US-based, “A” rated carrier. The other option, of course, is to visit a local dealership and find out what they are offering. The downside to this is that dealerships are generally 50-100% more expensive the same level of coverage you can get in the automotive warranty aftermarket.

The bottom line is you will almost never hear a radio ad or receive a notice by mail from any legitimate warranty company so buyer beware!

 

 

You Can Benefit From Used Cars And Used Car Warranties

 

Generally, you can receive a better value when buying a used car. This is especially true for later models. Used cars are cheaper to buy and ownership expenses, like taxes and collision insurance, are also less expensive. Also, you can get a car that is better equipped when you purchase one that is used.

Due to an improvement in reliability, there has been a large increase in consumer appeal to buy used cars. Issues that concerned consumers such as exhaust and rust problems are a thing of the past. Studies have shown that these problems have decreased significantly since 1980.

Even though there has been an increase in reliability, it is still important to take into consideration the cost of repairs and maintenance. Many used cars have either a warranty that is almost up, or has no warranty left at all. Therefore, motorists find themselves paying for these expenses out of pocket. However, purchasing used car warranties are a good way to solve this issue.

Overall, buying a used car is a good way to save money. Also, consumers can get a car that is both affordable and has a variety of great features. No matter which car you choose to buy, make sure to buy an auto warranty that can cover the costs of repairs and maintenance.

 

Two Kinds Of Extended Auto Warranties

There are two main kinds of extended auto warranties. There are auto warranties that are bought through aftermarket auto warranty companies and there are auto warranties that are backed by a manufacturer.

An extended auto warranty that is bought through an aftermarket auto warranty company tends to be less expensive. Also, this kind of auto warranty tends to vary in both price and quality depending upon which company you buy from. This is why it is always important to do your research before making a purchase.

An extended auto warranty that is backed by the manufacturer generally includes a wide variety of repairs and services. Repairs performed on your vehicle are usually done in a dealership that is approved by the manufacturer. This means that you will not usually experience any issues when going to get them done.

No matter where you get your extended auto warranty company from, it is essential that you do research. Compare a variety of warranties for price and quality.

 

Exotic Car Extended Warranties

For many of us purchasing an exotic vehicle such as a Ferrari, Lamborghini, Bentley, Rolls-Royce, Maserati, Aston Martin, etc. is far out of reach. But for those lucky few that can afford to purchase and enjoy these exotic luxury vehicles the joy and exhilaration they get from driving these cars is unmatched. However, when one of these vehicles breaks down the cost to repairs is also unmatched. It is not uncommon to see repair bills of $5,000, $10,000, $25,000, or more.

Unlike when you own a traditional vehicle, extended warranty coverage is not readily available for these cars. Luckily though it is extremely hard to find, there are two “reputable” warranty providers that do offer coverage for exotic and extreme luxury cars. Auto Advantage Inc., A+ rated and in business since 1979 specializes in warranties for these cars and is a direct distributor for both providers. Coverage available ranges from basic powertrain coverage to exclusionary bumper-to-bumper coverage.

If you are looking for Ferrari warranty coverage, Lamborghini warranty coverage, Bentley warranty coverage, Rolls-Royce warranty coverage, Maserati warranty coverage, Aston Martin warranty coverage, or any other exotic auto warranty contacting Auto Advantage is your best, and perhaps only safe choice.

For further details contact their exotic and luxury car warranty specialist at 800-933-9190 or visit Auto Advantage’s website directly at www.autowarranties.com.