There is no disputing the importance of your car’s warranty. Every driver needs one, whether he or she is driving a used or a brand new car. The car warranty is definitely a great way to add to your savings in case of car trouble, replacements and possible breakdowns. Before signing just any warranty contract, there are some details you have to check.
If you’re looking for a used car warranty, then you need to have a copy of the car’s extended warranty or its original warranty to determine whether or not these warranties can still offer you some coverage. Should the purchase have been made by the previous car dealer, expect the car warranty to be short-term. If this is the case, then this could really help you save a hefty sum. If the car in question is not a year old, or is relatively new, then check to see if the original manufacturing warranty is still available. If it is, then there’s no great need for you to hurry your search for the right car warranty.
For new cars, expect your owner’s manual to have all the necessary information you need regarding the different warranties available to you. A general warranty usually lasts approximately 36,000 miles or three years, whichever comes first. These types of warranties usually afford you the benefit of covering all the different parts of your vehicle–although it’s of extreme importance for you to first check if the warranty has an “exclude” list. The exclude list will tell you all the things that the warranty does not cover.
If the exclude list includes certain car parts or truck accessories, you need to make sure you can find great deals on these items. The World Wide Web is an excellent source for discount auto parts. Your car warranty can save you money. Pair it with great deals on vehicle parts and you can be sure your bank account is well protected.
Another important warranty-type that you should consider is the powertrain warranty. The powertrain warranty has excellent coverage that lasts 60 months or 60,000 miles–again, with the premise that states “whichever comes first”. With most car warranties it’s usually an “either or” deal when it comes to mileage and period. Keep in mind that general warranties and powertrain warranties only become effective once your original bumper-to-bumper warranty ends, and these warranties have limited coverage.
If you’re looking for an extended warranty, make sure the company you’re going for has a reputable business history. Asking around or looking into the customer track record of these companies is highly recommended. Also look into the company’s assets to assess what kind of coverage the company can provide. A great company would offer you a wide multitude of plans to choose from. When meeting up with representatives from the company, make sure all that the person offers is backed up in writing–meaning, all the “perks” mentioned is part of the final contract. If you’re a resident of the United States, then it’s also highly recommended that you find a company that offers coverage in all the 50+ states of the country. It also helps if you can find a company that offers a money-back guarantee.
Before you sign anything, make sure you read everything, including the fine print! Most drivers make the mistake of skipping the clauses and simply signing. The few minutes you take to completely read the document, and not just browse it, can ultimately save you a lot of money in the future.
Keep all these things in mind before getting a car warranty.