Monday, January 19, 2009

Check Out The Facts Before Buying A Car Warranty

By Dave Bern

Whether buying a new or used car you should always invest in a car warranty as this will save you a considerable sum of money if the vehicle breaks down or new parts are needed. There are several things that you need to take into consideration before you sign the warranty on any new or used vehicle that you buy.

In order to find the most suitable car warranty plan for you we offer a few tips below to help you.

1. In you are intending to buy a used vehicle then first check to see if the manufacturer's warranty is still valid or if you are able to purchase an extended warranty for it. Normally such vehicles when purchased from dealers come with a limited short term warranty and which will certainly help to save you some money in the long term. However, if the used vehicle you are buying is only a couple of years old then the manufacturer's warranty may well still be valid.

2. Ask to see a copy of the owner's manual as this will tell you everything you need to know about the general warranty conditions for the vehicle. The general warranty provided by the manufacturer will either cover the owner of the vehicle for a three year period or 36,000 miles depending on which is reached sooner. Normally the warranty will list the parts of the vehicle which are covered by it.

3. Look into finding out more about extended or power train warranties which normally provide cover for either 60 months or 60,000 miles. Although they will save you money in the long run you need to be aware that these may not take effect until after the original car warranty has expired.

4. If you do intend to go for an extended warranty on a new or used vehicle then make sure you go with a reputable company. Look for those who have a history of providing such like Carchex auto warranty, Wynn's auto warranty or CNA auto warranty and who have a number of different car warranty plans for you to select from and who will provide you with their terms and conditions in writing before you sign up to one. Also look for those companies who offer a money back guarantee and will cover your vehicle no matter where you are.

5. You need to read through the warranty plans carefully before you do sign anything. Along with looking how long the car warranty will be valid for you need to make sure that there are not any limitations on making claims. This is quite a considerable investment you are going to be making when you buy a car so you need to know that the warranty will protect it.

You need to remember that any car warranty you get is not going to provide a guarantee of how long the car will last for, but is to assure that you that the car was in good condition when purchased. So you need to be aware that there are certain limitations on the kinds of claims that can be made under such warranties and if you mishandle or abuse the vehicle these may well not be covered by it. So this is another reason why you need to read through the document carefully before agreeing to it.

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