From the category archives:

Auto Warranty

Don’t Shop on Auto Warranty Price Alone

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When you’re  ready to shop for an auto warranty, it’s hard for most people to overcome that natural consumer instinct to hunt for cheapest price. But beware… because when you fall into that mindset of looking for “the best and lowest price,” especially when shopping online, you become more susceptible to the rip-offs and scams. [...]

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1 Question For All Automobile Warranty Shoppers

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If you’re shopping around for an automobile warranty, let me give you one question to ask that’s going to throw other companies for a loop. You’ll be surprised to see how Motor Vehicle Services can answer this differently than any other company.

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How Easily a Warranty Company Can Reject Your Claim

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Once you purchase an auto warranty, you expect it to be there when you need it. So I’m sure the last thing you need is to be fighting with a mechanic because he said the warranty company rejected your claim and you’re stuck with a huge repair bill. But sadly, this happens all the time. It is so easy for a warranty company to reject your claim because of all the fine print and loopholes they can legally drag you through.

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When Is It Really “Imminent” to Extend Your Auto Warranty?

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As I’ve mentioned in previous posts, the sooner you extend your auto warranty the better. It will serve as peace of mind that you won’t get rejected for pre-existing conditions, and it will keep you covered in case your current warranty expires sooner than you think or the administrator goes out of business. But when does it really become “imminent” as all of these direct marketing companies are leading you to believe?

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Know about Auto Warranty Loophole: Wear & Tear Coverage

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Are you nervous your auto warranty is going to have more loopholes than a circus act? You should be, because with many warranty providers all they care about is making the sale. They have no interest in paying claims. Within their contract, in the terms and conditions, there are often enough loopholes that they can legally deny the majority of their claims.

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Why Dealer Warranties Are a Costly Mistake

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If there is something I can caution you about the most when buying a car warranty, it would be that you really need to be aware of the tactics car dealers use. This may come as a shock, but most dealers do not sell warranties that are insured by the manufacturer. They sell independent warranties. They are middlemen and the warranty is marked up for huge profits in addition to the sale of the car. Not only that, but if the car salesman convinces you to add the cost of your warranty to the financing, you’ll pay a lot more for your warranty.

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When Does Your Auto Warranty Expire?

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So, let’s say you just recently purchased a car. It was new, so it has the manufactures warranty. So you figure, “Hey, I’ve got 3-years and 36,000 miles before I need to worry about an extended auto warranty.” But in the back of your mind you’re thinking, Did I make the right decision to wait?

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How to Buy an Auto Warranty that’s “Worth It”

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If you are deciding whether to buy an auto warranty for your used car, you may have noticed that the topic has almost started to move into the same category as politics: You shouldn’t bring it up at the dinner table, everyone has their own strong opinion, and there’s really no way to be sure of anything until you pick one and see what happens.

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Avoid Favorite Ploy for Easy Auto Warranty Sale

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Here is one of the most common questions customers ask us about buying an extended auto warranty: “When I visited my local dealer and considered purchasing a car, the salesman told me if I didn’t buy an extended car warranty with the car it would affect my chances for getting approved for dealer financing. Is this true? Do I really have to buy an extended warranty or risk not getting approved?”

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Who Shouldn’t Get an Auto Warranty?

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Although most warranty companies want you to believe that everyone who owns a car should extend the warranty, it’s not always true. Here’s an example. I was speaking with a proud dad who was shopping for an extended auto warranty for his son who was college bound.

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