Extended Warranty
When motor vehicles are bought new, they typically come with a warranty cover that is provided by the car manufacturer. This warranty commonly covers many of the car’s components for a given period of time, usually thirty six thousand miles or three years. Following the expiry of the initial warranty, any repairs that the car may require will be taken care of by the car owner. At this point, an extended warranty cover may come in handy. The extended warranty acts like the original warranty, but for a specified period following its expiry. This covers the vehicle from unexpected repair costs. This is particularly useful for used car buyers, as these older cars can have faulty components more frequently than newer cars. The extended warranty can save the new owner of an older car quite a lot in repair costs that they would have otherwise been required to bear.
Extended warranties do not stretch to meet all cars and not all types of services and repairs are covered. Usually not included in these service contracts are tires, brake pads, and belts. Vehicle maintenance and proper storage of receipts is still encouraged. The two main forms of extended warranty are those provided by after market (third party) companies and those provided by vehicle manufacturers. An authorized dealer can offer an extended warranty in much the same way as a vehicle manufacturer would, where repairs are undertaken at the dealers’ workshops for covered repair. Aftermarket warranties depending on the type of cover require car owners to have their cars repaired at certified repair facilities or dealers. Authorizations are sought from the repair facility that a certain car part is covered under the policy signed with them and if so, the repair is authorized. The mode of payment in these cases may differ, as some companies pay for the repairs directly to the repair facilities while others require the car owner to pay for the bill and wait on reimbursement.
Ahead of any extended warranty contract signing, ascertaining the reliability of the warranty overseer is the first requirement. Making certain that the company is reputable is also very important. The company that is offering the extended warranty should be one with a solid base. This can be verified from BBB reports, ask a mechanic, ask friends, and research the length of time this particular business has been operating, and so on. Reviewing the contract for extended warranty services is very important; as unscrupulous companies hide unfavorable clauses within the fine print in the hope that incoming clients do not read the contracts carefully. The claims procedure and the repair authorizations procedures are very important, so check that these procedures are satisfactory. Also, check for deductibles, whether per repair or per visit, as these can add onto costs. The nature of the coverage is also important, as some companies do not cover common wear and tear problems. Should the car owner decide to sell the car on after a while, a transferable extended warranty is best, as a selling point.
About the Author:
Are you putting off reviewing or changing your car insurance coverage? Visit AutoInsuranceRatesDirect.com today for information on how to determine what coverage you need, then find it at a good price. Insure your whole family.
Article Source: ArticlesBase.com – Extended Warranties: An Overview
How much would it cost for an extended warranty for a Saturn Vue 2008?
where would i get that extended warranty from? from the dealership, online?
Both at the dealer and on line. Check with your state’s Secretary of State for any complaints for any you find on line.
Here is a well known one on line:
http://www.warrantydirect.com/index.asp
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5YR EXTENDED MACK WARRANTY FOR CANON EOS 550D REBEL T2i $61.95 |
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5YR EXTENDED MACK WARRANTY FOR CANON EOS 550D REBEL T2i $61.95 |
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JVC Everio GZ-MG330A Free Extended Warranty + Shipping $66.02 |
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Nice Tahoe Q7 boat – 260HP – Extended Warranty $10,200.00 |
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Can-Am Outlander Extended Warranty BEST – 42 Months $749.00 |
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3-YEAR EXTENDED WARRANTY FOR ANY NEW CAR SPEAKERS $12.50 |
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3-YEAR EXTENDED WARRANTY FOR ANY CAR SUB WOOFER $12.50 |
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3-YEAR EXTENDED WARRANTY FOR CAR CD/MP3 STEREO $12.50 |
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3-YEAR EXTENDED WARRANTY FOR CAR CD/MP3 STEREO $12.50 |
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BMW : 7-Series 2006 BMW 750Li with extended warranty $25,100.00 |
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Six Month Espresso Machine Extended Warranty Super Auto $65.00 |
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Six Month Espresso Machine Extended Warranty Semi Auto $45.00 |
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7 YR EXTENDED MACK WARRANTY FOR NEW LENS UNDER $1000 $19.99 |
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BRP Can Am Spyder BEST Extended Service Warranty 12M $549.95 |
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Samsung Digital Camera extended warranty Digimax etc. $10.00 |
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7 YR EXTENDED MACK WARRANTY FOR NEW LENS UNDER $1000 $19.99 |
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3 YR EXTENDED MACK WARRANTY FOR DLP TV PLASMA LCD $1700 $139.95 |
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Amazon Kindle 2 + extended warranty $96.00 |
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3 YEAR EXTENDED WARRANTY FOR DIGITAL CAMERA UNDER $500 $19.95 |
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5 YR EXTENDED MACK WARRANTY FOR SONY DSC-T700 DSC-T500 $39.95 |
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3 YR EXTENDED MACK WARRANTY FOR DLP TV PLASMA LCD $2500 $142.95 |
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3 YR EXTENDED MACK WARRANTY FOR DLP TV PLASMA LCD $2500 $142.95 |
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3 YR EXTENDED MACK WARRANTY FOR DLP TV PLASMA LCD $2500 $142.95 |
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3 YR EXTENDED MACK WARRANTY FOR DLP TV PLASMA LCD $2500 $142.95 |
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3 YR EXTENDED MACK WARRANTY FOR DLP TV PLASMA LCD $2500 $142.95 |
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3 YR EXTENDED MACK WARRANTY FOR DLP TV PLASMA LCD $1250 $103.95 |
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3 YR EXTENDED MACK WARRANTY FOR DLP TV PLASMA LCD $1250 $103.95 |
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3 YR EXTENDED MACK WARRANTY FOR DLP TV PLASMA LCD $1700 $108.95 |
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CAR SYSTEM EXTENDED WARRANTY FOR 3 YEARS UNDER $1000 $49.95 |
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C.P.S MOB3-1000 3 YEARS EXTENDED WARRANTY F/UNDER $1000 $29.95 |
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iMac AppleCare Extended Warranty New in Box! $127.77 |
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Mack 3 Year Int’l Extended Warranty for GPS & PDA 500 $29.97 |
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Pentax Optio W90/ New/Black/ Extended US Warranty $299.99 |
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Suzuki ATV Extended Warranty SEP King Quad 750 24 month $339.00 |
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Pentax Optio W80/ New/Blue/ Extended US Warranty $199.99 |
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5YR Mack Extended Warranty For Canon T1i XSI 500D XS $69.99 |
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Mack 3 Year Extended Warranty for Canon EOS 5D Mark II $74.89 |
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3YR Mack Extended Warranty For Canon T1i XSI 500D XS $49.99 |
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Genuine Subaru Legacy Extended Warranty $615.00 |
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Genuine Subaru Tribeca Extended Warranty $615.00 |
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Yamaha ATV Extended Warranty – YES – YFZ 450 42 month $529.00 |
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Suzuki ATV Extended Warranty SEP King Quad 750 60 month $619.00 |
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Suzuki Motorcycle Extended Warranty SEP – 72 Months $599.00 |
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Suzuki Motorcycle Extended Warranty SEP – 36 Months $345.00 |
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Apple iPad Wi-Fi (32GB) with Extended Warranty & Extras $575.00 |
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Sea-Doo Sport Boat Extended Warranty BEST – 48 Months $1,699.00 |
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APC NETBOTZ FULL-YEAR EXTENDED WARRANTY RENEWAL- 500 MO $302.94 |
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3 YEAR EXTENDED WARRANTY FOR DIGITAL CAMERA UNDER $500 $19.95 |
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3 Year extended warranty for HP Notebook Laptop Desktop $89.62 |
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7 Year extended warranty for Nikon Lens under $1000 $35.31 |
