Top 5 Considerations – Extended Car Warranties – CARFAX

So you’re buying a used car. And, to protect yourself from future repairs,
you’re thinking about an extended car warranty. Here are the top 5 things to think about first. Number one: How long will you keep the car? If it’s only a short time, say two years
or less, chances are you probably won’t need the protection of an extended warranty
to cover a major repair. But if it’s longer than that, follow the
second tip. Number two: What’s the historical reliability
of the brand? There is plenty of data to be found – check
out reliability ratings. Some brands tend to be better built for the
long haul. Number three: What are you really buying? Bumper to Bumper coverage? Targeted Protection like power trains or electrical? No matter the type of warranty you choose
be sure to read the fine print to discover what the policy actually covers. And be sure to watch for third party scams. Number four: What does an extended car warranty
cost? Shocking, but true, there are folks out there
that just want to take your money. But don’t buy under pressure; remember to
shop around, and be sure to negotiate for the best price. Number five: Save or Spend? Consider setting the money aside to cover
potential future repairs that you would otherwise pay for with a warranty. That’s right, if you’re a disciplined
saver, and can sock away money every month to cover the worst repairs. There’s a lot to consider when contemplating
the purchase of an extended warranty. Put a little work into it and you will make
the right choice for you and your vehicle.

Paul Whisler

One Comment

  1. they are ponzi scams look at us fidelis the law imprisoned two brothers cory and darian atkinson no policy exist total scam

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