Used Car Warranty

When Buying a Used Car, Is It Worth It to Purchase an Extended Warranty?

Most auto dealers will give you the option of purchasing an extended warranty when you buy a car from them. This warranty is not the same as the manufacturer's warranty, but rather is a service contract. When you pay for the warranty, the dealer agrees to handle repairs for you for a specified amount of time.

When considering whether or not to buy an extended warranty, ask yourself some basic questions such as how long you intend to keep the car, how old the car is, what it's maintenance track record is like, and what your knowledge of car repairs includes. If you intend to keep the car more than two or three years, you are unable to do repairs yourself, and it's likely that your car will need some maintenance work during the time you own it, then you should seriously consider purchasing an extended warranty.

Before you buy your warranty, do your homework. If you're buying from an independent company, find out what the company's reputation is, whether it's financially stable, and what precisely is covered by the warranty. Buying from the dealer is usually a safer option, but can be much more expensive.

Purchasing an extended warranty for your used car can save you a lot of money and headache down the road. Make sure you find out as much as you can about the policy before you buy, and you'll be well on your way to trouble free driving.

Links

dmv.org

This website offers a good overview of the pros and cons of purchasing an extended warranty. You'll find all the basics, including what is and is not covered, when you should buy, where you should buy, whether you need an extended warranty, and what types of extended warranties are available.

carbuyingtips.com

Here you'll find a detailed discussion of extended warranties, including how to buy from an independent warranty provider, how to avoid scams, what vehicles may not be eligible for extended warranty coverage, and what to look for in an extended warranty. If you're looking for a more in-depth discussion of the warranty buying process, this site will meet your expectations.

warrantydirect.com

This is a valuable website that will give you an insight on everything you wanted to know about car warranty. Warranty Direct is a trusted vehicle warranty company, dedicated to providing best customer satisfaction. The information on this site will help you take a closer look at the warranty you're buying so you know what the requirements and conditions are before you buy.