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Used Car Warranties: What You Need to
People who plan to buy used cars must also be in the hunt for a good used car warranty. Getting such a
coverage will ensure that you won't be spending an awful lot of money on your used car repairs and
maintenance. An extended warranty is the option for those who owns cars that hold expired factory
warranties. And because most used cars have expired factory warranties, buyers opt to go for extended
or used car warranties.
But before jumping on to get such a protection, consider asking yourself the following questions:
Do I really need it?
First, you should check if the factory warranty of the used car you're going to buy has already expired.
Evaluate if the repairs and upgrades your used car needed would require you to get an extended
warranty. Estimate the costs of the repairs and compare it to the costs of availing an extended warranty.
What does the extended warranty cover?
Warranties, whether extended or not, have limited coverage. Better make sure of the things that the
extended warranty would cover. Get a warranty that supports mechanical break downs. Opt for a
coverage that includes "wear and tear". Wear and tear includes all the stuff that usually wears out in
used cars. These include leaks, overheating damages and shot pistons.
Do you know the warranty company?
The reputation of the warranty provider is a prime consideration when selecting extended warranties
and insurances. Never avail of warranties from unknown providers. Check the company by searching it
through the Internet. You can also ask an experienced warranty broker to verify if the company is legal.
Will the provider require me to reimburse payments?
Good warranty providers usually pay the repair shops directly. As much as possible, refrain from getting
warranties from companies that tell you to reimburse payments. A lot of disreputable do this to avoid
their obligations. Avoiding such terms will guarantee that you won't get scammed.
Will the warranty limit me to a few repair shops?
Some warranty providers would only cover repair costs from their accredited repair shops. Don't go with
this kind of warranty. This will limit your choice. Aside from that, warranty providers' accredited repair
shops usually have higher rates that would cause you to use up your warranty coverage. Find if the
warranty would cover expenses from repair shops accredited by the National Institute for Automotive
Service Excellence. Do not get a warranty that does not promise such service.
Read more about car warranties here: http://drivesmartwarranty.com