A Used Car Warranty Can Be Extended Easily
So you’ve looked for, found and bought a great used car - and now you’re thinking about the used car warranty that came with your purchase.
Is when your car comes with enough of a used car warranty for your purposes? Should you buy an extended used car warranty?
Well, if you’re planning on keeping your new used car for any length of time - then yes.
While a used car warranty is a smart purchase for anyone who has just picked up a new used car, make sure that you proceed with caution. Extended warranties can be enormous moneymakers for the guys sitting in the finance office of auto dealers. One wrong move could cost you hundreds, even thousands of dollars.
Please - don’t let high-pressure sales tactics push you into signing on for an extended used car warranty before you’re absolutely ready and positively sure you need one.
Before you consider an extended used car warranty, take a close look at your car’s original warranty. How much coverage is left? One year? Two years? A thousand miles? Ten thousand miles?
Many auto manufacturers now offer used car warranties above and beyond the once standard three-year or 36,000 miles protection.
New cars from Acura, BMW, Cadillac, Volvo, Saab, Mercedes, Lincoln, Lexus and Jaguar are now sold with four-year or 50,000-mile warranties. Cars from Infiniti have four-year or 60,000-mile warranties.
Kia and Hyundai offer five-year or 60,000-mile warranties on new vehicles, plus 10-year/100,000 miles powertrain warranties, which cover engine and transmission repairs.
Many but not all factory warranties get transferred to used-car buyers at the time of purchase - make sure you research this and check with the dealer to see if they will service your new used car and if the used car warranty will apply. Get it all in writing.
Did you pay a little extra and buy a used vehicle that’s been certified by the auto manufacturer? If so, you picked up some additional warranty protection on your used car, truck or SUV.
In the past few years, several major manufacturers including Honda, Lincoln, Ford, Mercury, Volkswagen, Volvo and Audi have pumped up the warranty protections on certified vehicles.
Most luxury brands offer two years of additional warranty to certified used-car buyers. Other car warranty programs tack on an additional used car warranty of 12 months or 12,000 miles that applies after the new-car warranty expires.
Remember, there are two key types of extended used car warranties - those backed by the car’s manufacturer and those offered by independent warranty companies, also known as aftermarket warranties.
An extended service contract backed by an auto manufacturer encompasses a wide range of repairs and services. The repairs can be done at any authorized dealership and tend to be approved without a hitch.
An extended warranty from an independent company could cost half as much as an extended service contract from a manufacturer, but the quality of this kind of contract varies widely from company to company - so shop for a used car warranty carefully!
We highly recommend you use a service such as warrantyprices.com to learn more about the different prices, advantages and disadvantages to used car extended warranties.
Car Warranty Source - Get a FREE Extended Auto Warranty Quote!!!
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