Extended Warranties For Cars Do They Make Sense
Articles about purchasing cars tell buyers that such action requires a lot of consideration. You must not only look for the car that you like but you must also be keen towards the car’s price, finance assistance offered by dealers, insurances, extra payments and warranties. Cars are often sold with warranties which mean that the manufacturer will be in charge of the repair and maintenance costs if ever there are some malfunctions that occur within the warranty period. Once the warranty expires the owner will be the one who will shoulder all the repair costs. This is why most car dealers offer extended warranties which costs lesser compared to buying it or availing it externally. Hence it is important to consider whether to avail extended warranties or not.
A lot of debates are going on regarding the purchase of extended vehicle warranty. Many think that extended warranties are only good for brand new cars. Although this is a great idea, used cars are more often in high risk of break downs. As a matter of fact, most buyers don’t get the chance to use the warranties of their new cars. Hence, it may be a good idea, but it is also just a waste of money. However, when we speak of used car, it is prone to break down and would require more repairs which can greatly affect your finances. Used cars often need more money for maintenance and repairs every month than new vehicles hence if you are thinking of buying a used car, you must also try to consider whether to avail extended warranties or not.
Some car dealers offer extended warranties, yet you end up paying more hence one must be careful in availing extended warranties offered by them. When in search for extended warranties, inquire about its terms and condition before availing it. Be sure that you know the complete product description, all conditions and costs covered by the warranty. Moreover, protect yourself from scams or identity thieves by not giving your personal information or credit card number without fully understanding the warranty’s terms and conditions and knowing who or where you are buying it from.
In addition to availing extended warranties, you must be aware that there are unlicensed vendors out there. Therefore, if you happen to have purchased the service from them, you have all the right to cancel the transaction even if a year has passed after the purchase. Then again, consumers are still highly encouraged to get extended warranties from legitimate and credible car manufacturers and dealers. Furthermore, be sure to do comparison of quotes from different dealers in order to find the right dealer and deal that fits your budget perfectly.
Although car dealers also offer extended warranties, this is not really recommended since more often than not, consumers end up paying $2,000 more than you need to. There are other dealerships out there that offer good extended warranty deals —- you may even pay $200 only for full benefits. All it takes is time, effort and patience.
At this point you might ask whether extended warranty is indeed worth it. It can be said that if you are going to get a used car, it is some risk that you must take.
Author Bio: Tom I. Stables
Auto Dealers in Edmonton
http://autodealersinedmonton.net/
Edmonton Alberta Truck Dealerships
http://edmontontruckdealers.com/
Category: Automotive
Keywords: extended warranties auto dealers,do car extended warranties make sense ?,used car dealers