Search  or      Advanced Search You are not logged in yet... Login or Register
THE BASIC FACTS ABOUT EXTENDED WARRANTIES
The Basic Facts About Extended Warranties
People buy auto warranties without considering what they are buying. They buy extended warranties as an afterthought and fail to read their contract, fail to understand coverage, fail to adhere to proper vehicle maintenance schedules, but then wonder why their auto warranty claim was rejected. Some consumers buy a used car, get an extended auto warranty, thinking the warranty company will recondition the whole car for them. Many consumers file complaints against their auto warranty company when repairs are denied, simply because they did not fully understand their purchases warranty.
Understanding Used Car Extended Warranties
Used car extended warranties are available. 1SourceAutoWarranty can sell you a warranty on a used car with up to 102,000 miles. But for high mileage used car warranties, you can only get their mechanical breakdown Ruby or Emerald plans, which don't cover wear and tear like the Diamond plan. So don't get upset when your auto warranty claim is denied due to wear and tear. On high mileage cars, many failures will be wear and tear, not mechanical breakdown. This causes some people to complain against their used car warranty company because they don't understand the coverage. Most used car warranties only cover 50,000 miles. With high mileage cars, your used car extended warranty only covers half your failures.
If you buy a used car, you absolutely must get a CARFAX Vehicle History Report on the VIN number and have a mechanic inspect the car on a lift. When purchasing a used car, it is a good idea to check and see if there is a warranty already in place. This can also be a good negotiation tool for the buyer. You can purchase an extended warranty right before the manufacturer�s original warranty runs out. By getting a Vehicle History Report on the car, you can determine if it has or had a salvage or junk title in its past. As noted in a recent warranty article published by CARFAX, you can find out the estimated remaining warranty coverage in the Warranty Check section of the CARFAX Vehicle History Report.