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The main reason why folks buy new vehicles is because a new vehicle comes with a manufacturers guarantee which gives people peace of mind when it comes to safety and dependability. But the cost of acquiring a new vehicle can far out weigh the expense of keeping their current late model automobile and basically adding a reliable aftermarket car warranty just in case of an unexpected mechanical breakdown.
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After all getting a new vehicle is most likely a losing investment. the minute you sign the agreement you lose a minimum of 10% off the purchase price! When you buy an extended service contract to a pre owned vehicle, it typically adds some value to the car just in case you decide to sell it because the majority of extended auto warranties are transferable. You would also not have to think about unexpected car repair bills ever again.
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The types of extended auto warranty plans can vary in cost and coverage options. If a vehicle has an extended auto warranty that covers just the motor and transmission, it is sold as a powertrain warranty. These types of auto service warranties are usually the least expensive and only cover the motor, transmission and rear end differential for mechanical failure due to a malfunction of it's internal lubricated parts.
Then you have your basic aftermarket auto warranty that will offer protection on the power train as well as certain other major systems that can break down on a car such as water pump, power steering pump, rack and pinion, master cylinders parts for the braking system and a lot of other important parts that can be extremely expensive to repair or replace. These are usually the most popular extended service plans available because consumers get a large variety of parts covered and they are usually affordably priced also.
You need to understand that pricing for a extended auto warranty also depends on the age manufacturer, model and mileage of the vehicle. Certain automobiles such as high line foreign vehicles cost much more to repair and replace parts than your typical Domestic vehicles like General Motors or Ford vehicles. So if you are seeking for a good extended auto warranty for a Jaguar or Infiniti, expect to pay more than you would if you were looking to get coverage for a Ford or a GM car or truck.
Bumper to bumper extended service contracts are also available for all types of used cars and trucks as well. A bumper to bumper auto warranty covers practically 100% of a used car. Its coverage includes everything you would receive in the auto warranty plan described above, but would also include parts like window motors, power window switches, computer and vehicle electronic equipment such as ABS braking components, vehicle sensors which may trigger the un-welcome "Check Engine" light, as well as ESC systems and window regulators. Other options include a choice of having to pay a small $50 or $100 deductible or paying 0 deductible for an additional small premium on the auto repair warranty price. These are all add on's you should consider when purchasing a reliable extended service contract plan.
When an auto warranty company sells a warranty contract to a car owner they typically give a choice of a hand full of ways to buy. You can pay for the service plan in full at the time of purchase or you may also find a large majority of auto service warranty companies that would take an easy down payment and accept monthly installments as low as $30 per mo. in some instances. Monthly installments this low make it easier to afford for the regular working person to own great auto repair coverage for their pre owned car investment.
So do some research. Go out and get yourself an aftermarket auto warranty quote for that used car before you spend money on a new vehicle. Extended auto warranty quotes only take around 20 seconds to complete and can save you thousands of dollars in the long run. You could also try a website such as UworkUdrive.com that is extremely highly known in the auto warranty industry and will connect you for FREE with a reliable auto service warranty company in minutes!
Want to find out more about extended car warranties, then visit Frank Falco's site on how to choose the best auto warranty company for your needs.
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