Tips on extended warranties

by ERIC SOTIUSO

Extended warranties usually cover service and repairs on your car after the car manufacturer��s warranty is over. Every extended warranty is different so you as the consumer must know what you are buying after you determine an extended warranty is what you need.

There are many items to consider after you determine an extended warranty is what you need. Obviously one of the most important is the length of time you plan to own your car. Most manufacturers�� warranties last for a specific time or number of miles. If you know you will surpass these benchmarks, then an extended warranty may be right for you. As mentioned above, extended warranties vary drastically in items covered. Make sure you do a thorough comparison of different warranties and their respective total coverage before making your final purchase. In addition to what is covered, you must compare the cost of each of the warranties for the same types of coverage. Include in this comparison deductibles on any claims that would be made. Lastly, find out how the extended warranty you plan on purchasing pays out your claim. Will the provider send funds directly to the repairer of your vehicle or will they send the funds directly to you.

There are many different approaches you can take to buying an extended warranty once you have done all your home work and decided you need one. The most common approach is to work with the selling dealer. Don��t forget that just like with the price of the car, you can negotiate the price of your extended warranty. Just make sure you have your car price set first before you talk warranty. You can also go to competing dealers just to buy extended warranties, whether it is for a new or used car. Lastly, don��t forget to check different independent finance companies for their choices. You can research them by using the internet. Just type in ��extended car warranties and service contracts�� using your favorite search engine and you will receive all the information you need.

For more information, please visit Chicagolandauto.com http://www.chicagolandauto.com.