subject: Looking For Extended Warranty For Cars [print this page] Consumers must be very careful when shopping for an extended warranty for cars. It is always best to do some comparison shopping with reputable companies to get the best coverage and price. Consumers must be aware of the fact that some of the companies that offer extended warranties are not reputable. There are many scams that car owners need to know how to avoid.
One of the ways to avoid getting ripped off is using an online directory. There are several companies that offer assistance locating reputable extended warranty administrators. All that is required is completing a form online detailing certain information about the car that will assist you in getting the warranty that best serves your needs.
Consumers can enter specific information about their car and then receive the most optimal coverage plan. Online companies that offer this service, makes the process of finding a good plan much easier for consumers. This is also a great way to avoid having to deal with pushy sales personnel.
A lot of consumers are talked into purchasing warranties through the actual car dealership where they got their vehicle. This is not always the best way to go. Most dealerships will require any work that needs to be done on their car must be repaired by their mechanics. This can cause certain problems, such as the mechanics taking advantage of the consumers. Or if the dealership goes under, the consumer is stuck without the proper coverage.
For individuals that cannot afford to pay for an extended warranty, there is the option to finance the warranty purchase. This ensures the consumer with the added protection while making payments on the warranty. It is important to find out about zero percent financing which means it is not worked into your car loan. Dealerships often finance the warranty into the costs of your car loan with interest rates exceeding twenty percent.
Finding the right warranty plan for your vehicle will take a certain amount of research and planning. When looking up different companies, price should not be the only factor. There are other considerations that should affect your final decision. If you solely go by price, and choose the lowest costing plan, then you may end up with a really bad warranty. Other factors that should be up for consideration is the company's record, customer satisfaction, amount of claims they actually pay and the quality of the coverage.
Extended car warranties that are extremely low priced usually involve more risk. There has to be a reason why the prices are so low. And the answer is not always good. Some companies low ball their prices because they don't pay out all of their claims. So it is important for consumers to be careful and not to be lured in by a really low price.
So there is a lot to think about with looking for an extended warranty for cars. Doing all the research you can upfront, will avoid you getting ripped off in the end. Warranties are important to have, especially for older models. The best warranties do not have restrictions on where you can take you car to get the needed repairs and they will pay the shop directly.
