Extended Auto Warranties

What to look for when shopping for
 An Extended Auto Warranty

Wear and Tear Protection:
This means that you are covered for the parts that break as well as those that wear out. All covered parts in a policy should include a Wear-and-Tear provision. A lot of plans have wear-and-tear exclusions, such as struts, piston rings, valves or other expensive components that wear out and will not be covered. Beware of Mechanical Breakdown plans, they often have wear-and-tear exclusions, thus offering you less coverage.

Overheating:
Look for a plan that Does Not Exclude Damage Due To Overheating".

Roadside Assistance:
You want a plan that offers a FREE Nationwide Roadside Assistance plan.
You want to be covered per occurrence.
Not an out of pocket reimbursement plan, that is tied to only covered repairs. Car Rental:
Should your vehicle have to remain overnight for a covered repair and /or accident damage.

Trip Interruption:
Should your vehicle become disabled more than 100 miles away from home and the repair is covered under your contract,
re-imbursement for lodging and meals.

Nationwide Protection:
Repairs can be made at any repair facility in the US or Canada.

Choice of Deductibles:
Most Automobile plans offer $0, $50 and $100 deductible options.

Renewals:
A plan that may be renewed for continuous one-year terms after the initial period for as long as you own your vehicle.

Transferable:
The ability to transfer your coverage when you sell your vehicle, which will increase your vehicle's resale value.

#1 auto & car loans recommends you take a look at Warranty Direct due to their comprehensive coverage's,
 Excellent benefits, and documented financial stability.
Choose from 3 different Levels of Coverage and up to 11 different terms.

Warranty Direct is the nation’s leading direct marketer
of extended warranties covering automobiles, recreational vehicles, motorcycles, boats and more.
 
When you buy direct from Warranty Direct, you are buying from the source and eliminating the middleman
and additional markups. You pay below retail prices and could Save up to 60% over what dealers charge.

Warranty Direct offers a no in-service date program.
All of their warranties begin on the day you buy them, not the in-service date of the car.
Quite simply, you are buying more time with a Warranty Direct plan.
If you purchase a 7 Year/100,000 mile warranty today, it will expire 7 years from today or when the odometer reaches 100,000 miles.

What is an 'Extended Warranty Service Contract'?

A contract purchased to protect the vehicle against the unexpected costs of breakdown, for a specific period of time.

Allows repairs to be made in accordance with the level of coverage you purchase.

Ensures your vehicle is always in the best possible mechanical condition.

Why purchase an 'Extended Warranty Service Contract'?

Peace of mind

Allows repairs to be made when you need them.

Most include a Free Rental Car if your car is in the shop for a covered repair.

Protects you against the rising cost of repairs.

Added resale value – most are transferable

What doesn’t make sense is to pay the auto retailers a huge profit for simply printing the contact.  A recent article in an Automotive industry publication said that in 1999 Auto retailers made a profit of $450 to $550 per warranty. For example, a 6 year / 100,000 mile service contract on a typical midsize sedan might cost the retailer about $700, but they turn around and sell it to the consumer for $1500! A lot of auto retailers are setting up their own warranty companies.  So when your car does need a repair, guess who has to approve the claim and guess where it has to be repaired- THE place you bought the contract from!  Don’t buy a warranty or service contract from where it has to be taken back to the place you buy it from, unless you never plan on leaving the area.  We recommend Warranty Direct . They offer service contracts to meet your driving habits. These contracts are honored at the repair facility of your choice any where and could end up saving you a lot of money in unexpected repair bills.

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