I have already decided that I will buy an extended warranty for the vehicle that I have. What advice can you give me before I buy an extended automobile warranty here in Massachusetts?

Corazon

Cambridge, MA

An extended automobile warranty usually goes on for three to five years, depending on the warranty you purchase. It covers the charge for physical damage, engine troubles and also other problems of the automobile because of usual use. For one absolute payment, you will have coverage for repairs on your automobile.

If you’re purchasing an extended automobile warranty, you have to compare the available policies. A lot of automobile dealerships provide policies that can be compare to other providers. Dealerships normally contract out their extended automobile warranty plans to other warranty providers and put in an additional charge. If you are thinking about getting a dealership policy, you have to compare it first to other policies which you could obtain directly from a warranty provider for possible expenses and savings.

Before buying the extended automobile warranty, you have to go over and understand its coverage. A lot of extended warranties would provide coverage for the replacement of parts that stop working or has to be replaced because of wearing away. But some extended automobile warranties would offer policies that provide coverage on everything on an automobile. You have to examine the warranty agreement first to know the coverage of the warranty. Making a research and comparing various types of coverage is essential in getting the appropriate extended automobile warranty to purchase. Certainly, you don’t like to shell out a lot of money, and then discover that the extended warranty for your automobile in Massachusetts won’t provide coverage for the repairs you need.

Tags: automobile dealerships, automobile warranty, extended automobile warranty

Should I spend money on an automobile extended warranty service? What if I have auto insurance coverage already?

Amelia

Los Angeles, CA

Anyone who has invested a lot of money on a new automobile should definitely think seriously about an extended warranty plan. Listed below are some benefits of having an automobile extended warranty:

1. Provides Long-Term Savings - The cost of maintenance on any vehicle rises every year. An extended auto warranty plan will save you a lot of money on repairs and maintenance costs during the lifetime of your vehicle. Typical factory warranties only lasts about a year or two, but an extended warranty policy can give you prolonged coverage.

2. Your Automobile is Covered – An extended automobile warranty plan will cover wear and tear and mechanical breakdown. This will include repair and replacement of damaged parts. Coverage will also extend to high-end devices on your automobile such as Bluetooth devices, DVD players, State-of-the-art stereo systems, etc.

3. Transferrable - The great thing about extended warranty plans is that they are transferrable to the new owners should you decide to sell your vehicle. This is a good selling point and might actually help you sell your vehicle faster, should you decide to do so in the future.

4. Convenient Extra Coverage - Extended warranty plans can pay for car rental costs, towing, and travel reimbursement. So even if your automobile is in for repairs, you still have a way to go around.

5. Cheaper Deductibles - You will find that extended warranty services have cheaper deductibles per repair/replacement than auto insurance. For an additional fee, some plans can even offer $0 deductible coverage on the policy.

Third party extended warranties are very popular and can come in very handy during the lifetime of your vehicle. However, like everything else you sign-up for, always make sure you read and understand the fine print.

Tags: automobile warranty, automobile extended warranty

I live here in Maine, and I am just so curious to know the difference between auto warranty and auto insurance since some of the coverages seem to be similar. Does anyone here know the answer?

Gage

Portland, ME

A lot of people get really confused with these two types of services, especially because a lot of coverages that are offered in warranties may also be offered in auto insurance policies. And to add to the confusion, some auto insurance companies even provide auto warranty services.

So, now, I am here to enlighten you.

A vehicle service contract, which is more popularly known as auto warranty, is technically totally different from an auto insurance policy. You may notice that auto warranties and auto insurance policies may have the same coverages, but their difference from each other lies in terms of legal construction.

An auto insurance policy is a direct agreement between an auto insurance provider and a client seeking their services. On the other hand, an auto warranty or a vehicle service contract is the contract that governs the deal between the client purchasing the car and the party selling the vehicle, such as dealers and administrators.

But although this is the case, a lot of times, auto insurance and vehicle service contract come hand in hand.

For example, a reliable auto warranty is almost all the time supported by a competitive auto insurance policy. The logic of this is to empower the consumer by giving him or her direct access to the auto insurance company in the event that a claim is not paid.

If you check out the auto insurance companies there in Maine, you would discover that when they do back up a vehicle service contract, the name of the company would appear on the contract itself.

Tags: auto insurance, auto warranty

My family recently purchased a new car from a major local dealer in Janesville, Wisconsin and we would like to know if it’s advisable to get an auto-service contract for the new car. Any information would be really appreciated. Thanks!

The Fischer Family

Janesville, WI

Although most new car buyers are enticed in getting auto-service contracts, this may not really be a necessary purchase if your car dealer is already able to provide you good coverage under your extended car warranty. It is important to note that there is a difference between an auto-service contract and an extended car warranty. You want to evaluate this auto-service contract against any warranties that already came when you paid for your car since some services are either redundant, already included in your warranty, or for something that you probably won’t end up using at all.

If, however, you do see the advantage of an auto-warranty for your car there in Janesville, Wisconsin or you feel that the car warranty you got included with your car purchase is a bit lacking then there’s no reason to stop yourself from getting an auto-service contract. You would want to make sure that you are aware and completely understand the terms and conditions of your contract, which services are included and which ones are not, and also know exactly who will be rendering the service and where to go to. It is also a good idea to read forums regarding the entity providing the contract since you want to know how good their reputation is.

Tags: auto warranty, auto warranty deals, car

I’m planning to get a warranty for my car here in Clarksville, Tennessee. Does a bumper to bumper warranty cover everything in the car or do I need an extended warranty?

Dino

Clarksville, TN

Bumper to bumper warranty is one of the most basic types of car warranties. The bumper to bumper warranty doesn’t actually cover everything in your vehicle but it is a standard warranty which covers most systems and parts. That items which are not covered by the bumper to bumper warranty would be covered by other agreements. The wear and tear warranty actually includes many items which are not found on the standard warranty. The wear and tear warranty would mainly cover items which would need repair after a length of time and a very good example for this would be with power windows. The motor would wear out and need replacement which is covered by the warranty.

But if you want to make sure that every auto repair for your car there in Clarksville, Tennessee is covered, then an extended warranty would be in order. The extended warranty would cover a lot of additional items, parts, and systems for a longer period of time.

Tags: auto warranty, auto warranty deals

I just bought a new 2008 Honda Accord. My dad says I don’t need an auto warranty contract for this car because the quality is so high, do you guys agree with him?

Linda, St. Louis

You are a lucky gal to have such a helpful dad in your life. I would concur with your dad that the vehicle you bought is high enough in quality that the extra expense of a vehicle warranty program will probably not be beneficial to you. You should always put some money aside for those days that do seem to come…when you least expect it, breakdowns.

Brad

Cypress, TX

Extended warranty quotes are non-binding and based upon the accuracy of information you have provided. All applications are submitted to the administrator for the insurance company for verification and acceptance. They may not want to warranty YOUR car….they probably will, but they do reject coverage for some models or make the price so high you go away and not buy.

Sally,

Oklahoma City, OK

Investigate deductible before signing. Consider not only amount, but also whether the deductible is per visit or per repair. Investigate carefully and do you homework before you make a purchasing decision. Don’t let the hype of the sales person influence you. Usually the deductible is paid per claim….which can really add up.

Sam,

Denton TX

Purchasing a vehicle with a good auto warranty can help keep your vehicle repair costs down. Purchasing an extended auto warranty is a way to guarantee peace of mind about the durability of your car or truck. Dealers frequently offer auto warranties with new and used cars as a way to bring in customers and convince them that they are getting a car the dealer stands behind.

Extended warranties begin after the manufacturer’s warranty expires, protecting your vehicle for as long as you own it. To avoid interruption in coverage, and to get the lowest price, you should purchase an extended warranty early. Extended warranties are warranties that cover your vehicle for an extended period of time. Loans can take several years to pay off, so why not get a warranty that lasts several years?