Are you in the market for a new or used car, or have you recently made your purchase and want to ensure that you receive the very best coverage for your new asset? One of the most important investments that you can make as a car owner is to purchase an extended auto warranty.
Extended auto warranty safeguard owners against unforeseen misfortunes with their car after the time when the original auto warranty has expired. Extended auto warranty works in different ways, depending on the contract that you chose to go with. Continue reading to see our essential guide to understanding the benefits available to you through extended auto warranties.
Extended auto warranties come in many shapes and forms, just like everything else these days. There are, however, three basic options to look out for when you are choosing the right option for you. They are, manufacturer warranty, dealer warranty and independent warranty. Each option has its own benefits and pitfalls, so it is important to look at each closely.
It is important to remember that there are different options available when it comes to extended auto warranty, and just because a dealer may offer this within their car sales pitch, that does not mean that it is the right fit for you. You should also consider independent, third party companies, which often offer lower prices and greater flexibility in their options. When the time comes for choosing the right warranty for you, it is best to follow these few steps to ensure that your individual needs are fully met, and thus allowing you to make an easy, stress-free choice.
Price: When it comes to additional costs, it is only natural to look for the cheapest deals, but make sure you do not sacrifice value for low cost. Most companies offer a free quote service, so use this to your advantage. Create a list of quotes and write down exactly what each provider offers, and then move on to the next step.
Inclusions: Once you have your list of inclusions, chose the best option for your own needs. This will help you narrow down your list via need and expense
Reputation: Once you have narrowed your list even further, do some research on the company itself. The internet is your friend here. Look up customer satisfaction, and what real life people are saying about their dealings with a particular company. This will give you an insight into the ways in which they deal with their customers, and if they uphold their contracts in the stated manner.
Additional Benefits: The last step is to compare the additional benefits that each provider offers. Does the policy offer roadside assistance? Will you be equipped with a rental car if your car is undergoing repairs? Are there any additional fees that aren’t explicitly stated?
By following this method, you should be able to drastically narrow down your choices in finding the perfect extended auto warranty for you.