From the category archives:

Extended Warranty

Extended Warranty Protection Against the Unexpected

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If you’re anything like I was back before I got into this business, you might be thinking “that’ll never happen to me” or “this just isn’t something that’s important to me right now” when you’re considering an extended warranty. But the truth is, you never really know what can happen…and what’s worse, you don’t know where it can happen.

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The Real Price of an Extended Warranty

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I’ll be the first to admit it: I’ve fallen victim to that natural consumer instinct to find the lowest and cheapest price and ended up with something pretty worthless before. You know what I’m talking about…that camera you pulled from the bottom of the clearance bin that ended up costing you more in battery replacement and blurry family memories? Well, I’m sorry to tell you but purchasing the wrong extended warranty is just like digging into that clearance bin…

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Don’t Wait to Buy Extended Warranty

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I don’t think most consumers realize this, but you are actually better of purchasing your extended warranty as soon as possible versus waiting for the manufacturer’s warranty to expire. Why? Because of a little thing know as pre-existing conditions. Any claim that comes in on a contract that is 120 days or younger is going to be scrutinized for pre-existing conditions.

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Don’t Pay More For Your Extended Warranty

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I’d say the first way you can tell if you’re paying too much for an extended warranty is if the company you’re buying it from has no ownership in the warranty itself. In this case they’re probably a direct marketing company, and they are going to charge you an extreme profit to cover their marketing costs.

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Avoid Reimbursements For Extended Car Warranty Claims

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Under some extended car warranty plans, you are required to pay the repair bill yourself and then send in the receipt for reimbursement from the warranty company. If this doesn’t sound like the most convenient option for you, that’s probably because it isn’t. In fact, I’d suggest you avoid this type of plan

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Overcoming the Natural Consumer Instinct of Extended Warranty Shopping

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When it comes to shopping for an extended warranty, it’s hard for most used-car owners to overcome that natural consumer instinct to hunt for the best deals and the lowest prices. However, when you fall into the mindset of looking for “the best and lowest deals,” especially when shopping online, you become more susceptible to getting ripped off.

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Do You Need An Extended Warranty?

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Any automobile owner will be acquainted with the spam that comes thru the door on a constant basis alert them about the “imminent” expiry of the present warranty which covers their vehicle. The fact of the case is that these small slips of paper are built to play on the worst fear of any person.

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