Nowadays, it is a common thing to have an extended car warranty when the manufacturer’s insurance expires. People are mobile more than ever and you never know when you might need a car facility repair and how much it will cost you. That’s why it is best to choose and purchase an extended car warranty on time and save your costs big time. Here are some basic tips before buying one.
First of all, you need to find out the reputation of the company you are reviewing. No matter what affordable payment plans they offer, it won’t save you the effort if their customer support is not 24/7 available and professional. When it comes to reputation, it is also important to check if the company has a good BBB rating (Better Business Bureau). This is one free and legitimate background check of many companies on the market. Collected from public and business records, they are offering a report of transparency and the company’s legal actions.
The second step is to make sure what is the most affordable membership for your car. This can vary depending on the age of your car and the mileage. There are many companies offering long-term memberships, but there are also some companies that are more flexible than others, offering a monthly payment membership. Often, the basic membership plans cover the basic components repair like the engine, transmission, drive axle, transfer case and, air conditioning. The more comprehensive plans include many additional repairs like braking, steering and fuel systems, braking, cooling, electrical components, and many more. This step is very important for all of us because we want it to be fitted into our financial status and a possibility to lower our costs. Of course, the price will depend on the model and age of your car, the mileage, and the overall condition.
There is also additional information you need to collect. One aspect is the road assistance the company is offering. Companies usually offer 24/7 road assistance, but the customer support sometimes can’t be reached during the weekend. This is very important in case your warranty expires during some major repairs. Some companies have great customer support that will help you extend your membership or to cut down some of your additional costs if your current warranty expires.
Many companies that are offering extended car warranties are working as a third-party dealer. Unlike the extended manufacturer warranty, which offers a repair only for genuine branded parts, third-party companies are more flexible. By purchasing their membership, you are allowed by the contract to repair your vehicle at your local or most trusted repair facility. This will lower your costs instead of having bigger expenses you didn’t apply for.
In the end, if you’re still not sure which extended car warranty is the best for your vehicle and your budget, you should also look for companies that offer a free quote. This can be usually found on their official website or by calling their customer support. This way you will find out if they are professional, polite and willing to make the best offer for your needs.