Extended Warranty PurchaseThere are basically two types of extended warranty plans that you could consider to purchase. There is the one type that is offered by the manufacturer, and then there is the one available as a third-party warrant. The easiest way to check out a manufacturer's warranty is to visit sites that will give you this information, or visit some local dealers and speak with them. Be aware that some dealers have different names for these extended warranties so make sure you ask specifically about extended warranty coverage available. And, don't forget to review the entire contract, not just a marketing brochure.The other warranty is also known as after market or third-party. It doesn't really matter what it is called as long as you know that the manufacturer does not offer this type of extended warranty. However, some of these after market warranties may be sold through dealers especially those car dealers who specialize in selling used vehicles. You will also be able to buy an extended warranty over the Internet, and in most cases, you'll probably find you save some money because you are not paying the middle man (or dealer). One of these extended warranty companies is Warranty Direct, and another is Nation Warranty Corporation. |
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One of the companies that offers extended warranties is Warranty Direct. When you review their information on their web site you will find that this is a company that has been in business for 28 years, and provides extended warranty coverage for both mechanical and 'wear and tear', money back guarantee, full seals and gaskets coverage, unlimited number of claims, your choice of repair facility, claims paid directly to the repair facility, free roadside assistance, and coverage that is transferable if you sell your vehicle, and more. This is a company worth checking out.
What To Look For In Choosing An Extended Warranty
1. There's nothing like some good old-fashioned research on the particular companies offering an extended warranty. You need to be assured that the company you pick is reputable and is not a 'fly-by-night' company that will fold, or will do everything they can not to honour your warranty repair request. You need to know the 'administrator' of the warranty that will authorize your repair payment. Also look for a company that has been established so find out how long they have been in business. 2. This is critical: make sure you can read the entire contract before you sign. If the company won't let you read the entire contract before you sign or make a deposit, red flags should be going off. The question here is why wouldn't a reputable warranty company want you to read the contract? 3. You will also want to know how the claims are handled. How are the claims authorized? For example, do you have to call for authorization before a repair is done; do you have to go to a certain vehicle repair shop or can you choose who you want; do you pay for the repair work and then submit your claim, or does the repair shop send their bill for payment? 4. Are you required to pay a deductible as part of your contract? Some companies may offer an optional deductible so as to reduce your overall cost similar to a deductible on other kinds of auto insurance. 5. Some companies may require a stringent maintenance schedule, and if not followed, may deny claims. 6. One of the biggest problems is repairs you may need that are from 'wear and tear'. These kinds of repairs are usually quite different than 'mechanical breakdowns' so you may find that your claim is rejected. Make sure you know what is and what isn't covered. Obviously, the better warranty coverage would include 'wear and tear' especially as your vehicle becomes older. |
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One great option to look for is that your extended warranty is transferable. This is especially important if you decide to sell your vehicle to someone else and many consider it as a real plus. Some plans may not allow you to transfer coverage, so make sure you know if this is possible right up front.
Make sure you know which repair shops in your area will honour extended warrant coverage repairs - some may not offer this service. You don't want to be in the situation where you get your vehicle repaired and then find out that your shop doesn't honour extended warranty work. |
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Chevy Trailblazer Extended Warranty. . . Our Friends |
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