Car & Auto Warranty Tips -

Normally an extended auto repair warranty not offered by Car manufactures.  Most car manufacture warranty are 3 years or 36,000 miles, now more and more car manufactures now offers warranty as long as 5 years or 50,000 and 10 years on power train. First thing you should check your existing warranty manual to make sure how long your vehicle is covered.  You might start getting mails, postcards from companies offering extended warranty coverage, it’s always better to purchase extended auto warranty coverage before your manufacturer’s warranty expires so there is not lapse.  Other few things to consider while shopping for auto warranty coverage is,
Be sure your auto warranty extension pays for repairs up front so you don’t have to pay for repairs and wait for reimbursement.

Warranties For Used Cars

Inquire if there are restrictions on your choice of who repairs your car because you never know where you will be when your car breaks down. There may not be a dealership for miles.
Ask whether your extended warranty covers new parts vs. refurbished parts.
Ask about coverage for towing your car to the shop. Depending on where your car breaks down, this could be a hefty expense.
Be sure to buy your warranty directly from a firm rated at least “A” by Standard & Poor’s and with good reputation, you may check with better business bureau.
Check on any deductible in your policy. Consider a no-deductible warranty.
Be sure to check or go over exclusions list.  Some warranties don’t cover certain types of repairs. You can even ask for copy of service contract before purchasing.
Get at least 2 or 3 competitive quotes and compare coverage, warranty length and prices.
Many aftermarket warranty companies offers 7 Year / 100,000 mile warranty, remember 7 year is from your car's in service date, not from the date of warranty purchase. If you are out of your manufacture warranty then there may be "waiting period" - during this period Warranty Company won’t process any repair claims.

Note from FTC
The Federal Trade Commission says consumers, before signing any extended coverage contract, should fully understand its terms and coverage. The agency also stresses that what consumers are actually buying is not an extended warranty but a "service contract." "A service contract is a promise to perform, or pay for, certain repairs or services. Although a service contract is sometimes called an extended warranty,' under federal law, it is not a warranty," the FTC said. "A warranty comes with the original price of the car, whereas a service contract costs extra. It is mainly this separate and additional cost that distinguishes a service contract from a warranty."

tags: auto repair warranty, auto warranty extension, aftermarket warranty companies, car warranty quote

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