You Should Talk

Here’s a thought. Instead of agonizing over the cost of an extended warranty plan for your automobile, why not save the manufacturer’s rebate you get on your new car and use your savings for a discounted online extended auto warranty? It may be hard to believe but most online car warranties are 40% cheaper than car dealerships, where they tack on a retail markup. You can get free quotes for warranties online, which can allow you to barter with your dealership, if need be, or it may just afford you the best deal out there and you won’t even have to leave your home to take advantage of it! There are many ways to ensure you make a reasonable decision.

First of all, be sure you’re dealing with a solid company. See that they’re listed in the Better Business Bureau or Web Assured, and that they have years of experience. For example, Warranty Direct has been in business for 26 years and NWC have been in business for 20 years. Read consumer comments and testimonials, check to see if the company services any dealerships and ask if they have a reinsurance program, which means they will be good for the money, even if many people are filing claims all at once.

Secondly, understand your extended warranty plan coverage before you buy. Ask for a very clear, specific “What’s Covered/What’s Not Covered” list. Typical exclusions that no auto extended warranties will cover include: glass, lenses, sealed beams, light bulbs, trim, moldings, bright metal, upholstery, paint, exhaust systems, tires, air bags, batteries, brake rotors, drums, shock absorbers and throttle bodies. However, feel free to ask if they cover things like the anti-lock braking systems, overheating and “wear and tear” coverage. Don’t settle for “mechanical failure/breakdown” coverage only! Also, be sure you ask whether your extended warranty begins at the time of purchase or after the manufacturer’s warranty expires.

An extended warranty plan can be a good investment for some people, particularly those who own lower-end models, those who drive more than 14,000 miles annually, or those who have limited manufacturer warranties. Some people feel more comfortable having that peace of mind, but they must be careful not to assume everything is covered under their extended auto warranty. Auto owners must also be aware that routine oil changes, air filter changes, tire rotations and other maintenance is the best thing they can do to protect their investment!

When consumers search the web for a trustworthy 2 year extended warranty for their automobiles, it’s hard to miss Warranty Direct. This 28-year-old company is a member of the Better Business Bureau and Web Assured, in addition to being verified by Dun & Bradstreet. Over the years, they’ve paid over $500,000,000 in claims to over 2 million extended car warranty customers all across North America. Forbes Magazine listed Warranty Direct in their list of “Top 200 Companies in America” three times and they’re reinsured with nearly $5 billion in assets by AM Best insurance company. Consumers couldn’t ask for a better track record than that!

The first question consumers should ask is, “What parts are covered with my 2 year extended warranty?” With PowerShield, all the traditional “powertrain” components are included: engine, transmission, computer modules and drive axles. Unlike other warranties, Warranty Direct customers will also be covered for timing belts, water pumps, oil pumps, mechanical fuel pumps, CV joints, universal joints, crankshafts, cam shafts, bearings, bushings and more.

Consumers will NOT be covered for “wear and tear” damaged components like: seals, gaskets, valves, batteries, light bulbs, tires, GPS, trim, molding, handles, spark plugs, rotors, brake pads, hoses, drive belts or wheel alignments. At WarrantyDirect.com, there are other new car warranties and used car warranties (up to 7 years/100,000 miles) that cover “wear and tear” damage and all of these parts.

Purchasers of the PowerShield 2 year extended warranty can choose the repair facility of their choice in the US or Canada. Warranty Direct pays for all claims via credit card to make it hassle-free for their customers. There are a choice of deductibles and financing options to help all people afford the service. If customers plan to sell their vehicle, then they can pay a $50 fee to transfer the extended warranty coverage to a new owner, which significantly appreciates the resale value!

Warranty Direct offers a wide variety of coverage options, so consumers should investigate which ones apply to their vehicles. For example, LuxuryCare+ and XtraCare+ coverage is the most comprehensive, which include wear and tear damage, interior/exterior features, rear suspension, anti-lock brakes, cooling and fuel delivery systems. LuxuryCare even includes GPS, DVD video, bluetooth/phone and internet access systems. MajorCare, SecureCare and PowerWrap also cover most of the problems one could run into. Any car 7 years old with mileage 100,000 or less is eligible for these new and used car warranties offered at WarrantyDirect.com. For higher mileage vehicles, consumers must visit Warranty Direct’s other site CarWarranty.com.