The Truth About Auto
There are so many different kinds,
types, and levels of extended vehicle warranties, that it
can be hard to
understand the truth.
You have many choices in buying an
extended car warranty. Yes, dealers are one source; but
they're not the
only source. Dealers may also be
driven by sales or commissions goals which may keep them
from being objective
or offering the best coverage to fit
There are hundreds
of different types of extended auto warranties. Some are
better than others. The only way to
know how much
you're getting for your money is to review the actual
Some "red flag"
- At the sole discretion of the
- Parts may be used or recycled
- Vehicles must be maintained
according to severe requirements of manufacturer (this can
double your maintenance
- Any covered part that has not failed
(you want coverage for parts that fail, too). This includes
seepage of seals
- Gradual reduction in operating
performance not covered
The newer your
vehicle, the lower your rates will be. A common
misconception is that you are buying double
coverage if you
purchase extended vehicle warranty coverage before your
manufacturer's warranty expires.
You are simply locking in the costs
and rates now and protecting against increases in the
future. You can also
enjoy a much lower cost and additional
features like roadside assistance until your extended auto
goes into effect.
The best warranties offer wear and
tear coverage. Wear and tear plans provide a higher level of
extended auto warranties define
"mechanical breakdowns" as defective parts or workmanship.
Wear and tear however,
includes parts that wear out over time
from normal use. The older your vehicle is, the more
important wear and tear
Whether it's a manufacturer warranty
or an extended auto warranty, you're still expected to care
for your vehicle
and provide proper maintenance like
regular oil changes and the like. If you haven't been caring
for your vehicle
as outlined in the owner's manual your
vehicle may end up with a lot of problems that may not be
covered by your plan.
Be sure not only to do the routine
upkeep on your vehicle, but also to keep accurate
maintenance records and receipts.
Websites with Additional Auto
warranty/Service Contract Information
want an extension with that auto warranty?
How will the GM and Chrysler
restructuring affect their auto warranties?
Practical advice about car
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auto warranties/service contracts
Avoid future costly auto repair bills!
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