PRLog - Jan. 14, 2011 - NATIONWIDE, Va. -- In tough economic times people usually start to keep an eye on their money and start to change their spending habits. Sure it's great to be able to get a new vehicle every few years and always have a vehicle that is covered by a factory warranty, but in the past year or so things have began to change!
Auto Warranty Companies - Used Car Warranties
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Many car owners in this day and age are starting to find out about the purchase of a reliable used vehicle warranty instead of spending the extra cash on getting a new automobile just to have a warranty. This actually makes good economic sense. After all, purchasing a car is probably the worst investment you will ever make. The minute you pull the car out of the showroom it drops at least 5 to 12% of it's value. It's a much smarter move to get a good used vehicle warranty that will give you reliable auto repair coverage and give you some peace of mind knowing that if the vehicle breaks down unexpectedly, you will not have to drop tons of money out of your own pocket to repair the vehicle.
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There are a lot of different types of auto warranty plans for used cars. Some contracts are better than others. Obviously the more systems that are covered in a warranty plan the more its probably going to cost. There are power train warranty plans that cover only lubricated parts of the drive train. So if the motor or transmission in your vehicle breaks down, you can consider yourself covered if it's a breakdown due to an internally lubricated part of the transmission or motor.
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The next level higher for aftermarket car warranty plans typically cover the powertrain as described above as well as other components such as pumps, cooling system parts as well as steering system components and certain parts of the air conditioning system. Extended service contract plans in this level of coverage are very popular because they offer many different protected systems and are typically reasonably priced.
The price of an extended service contract plan for a used vehicle does not only get determined by the type of coverage and covered components but also gets determined by the year manufacturer and mileage of the vehicle getting protection. A 2005 Toyota Camry with 45,000 miles would most likely be less expensive to gety a warranty for than a 2002 BMW with 45,000 Miles because parts and labor for the high line vehicle would surely be much more expensive. So there would be a noticeable difference in the price of the aftermarket car warranty coverage.
The most sought after kind of used car warranty coverage you can purchase is a bumper to bumper aftermarket auto warranty plan. This category of coverage includes all of the coverage options mentioned above, including all electrical parts, sensor systems, window motors and door lock switches, traction control systems, 4x4 transfer cases and practically every parts of every major system on a car. This type of used car warranty protection is absolutely great to have but can be noticeably more pricey than both of the options listed above. This type of extended auto warranty really gives people real peace of mind!
The great thing about all of these different aftermarket auto warranty plans is that most of the time you don't need to lay out a lot of money for them all at once. Most extended auto warranty companies have price structures where you can put down a few hundred dollars and pay a small monthly installments as low as $35 or $40 per month! This makes these aftermarket auto warranty plans extremely easy to have for the average family who is looking to save money and keep some peace of mind!
Go out and get yourself a used car warranty quote today. You can simply visit a website called UworkUdrive.com and get a fast auto warranty quote in minutes! They are connected to some of the best auto warranty companies in the country and have a very good customer satisfaction rating!
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