An extended warranty, sometimes called a service agreement or a maintenance agreement, is a prolonged warranty offered to consumers. This portal is a place to learn about extended warranties and share opinions and advice about them.
You’ve probably wondered if an extended car warranty will actually pay for itself, or if it’s just another way to spend your money.
The chart below shows how much vehicle repair costs run. An average service contract holder makes 4-5 claims over the life of their warranty, so you can see the cost of an extended auto warranty is bound to pay for itself over time.
The best thing you can do is get an extended car warranty quote for your car and then compare it with the cost of these car repairs... Read Full Story
Salihu Ibrahim asked: What are extended warranties? This type of warranty is an addition to your normal warranty. It is normally taken out on the repairs of your car. It is a contract between you and the car dealer, the manufacturer or the independent insurance company. Extended warranty can range from $80 to $800. When going into an extended warranty, you will want to read the fine print of the extended warranty contract before signing. Make sure everything that has been discussed and... Read Full Story
gregchapman asked: Whether your vehicle has a one-year, 12,000-mile warranty or a 100,000-mile bumper-to-bumper warranty, experts say it’s important to ensure that your car is properly maintained and all needed repairs are made before your warranty expires. This is especially important if you are one of the 10 percent of U.S. drivers with a “Check Engine” light on right now. The light can signify a problem that could cost more to repair than a whole month’s car payment. But dealing with... Read Full Story
extended warranty quote
Here's a thought. Instead of agonizing over the cost of an extended warranty plan for your automobile, why not save the manufacturer's rebate you get on your new car and use your savings for a discounted online extended auto warranty? It may be hard to believe but most online car warranties are 40% cheaper than car dealerships, where they tack on a retail markup. You can get free quotes for warranties online, which can allow you to barter with your dealership, if... Read Full Story
Gray Rollins asked: Whether you are purchasing a new or used car, breakdowns can occur. It’s always a worry that you could have major problems such as engine trouble or a transmission that stops shifting, and you suddenly are digging deep into your pockets for the cash to repair it. So the question that arises often is “Should I Buy An Extended Vehicle Warranty?” There are always pros and cons. An extended vehicle warranty adds to your total cost, but over the long run it can also be... Read Full Story
