How to Choose an Extended Warranty.......

There are several types of warranties you canwarranties cover very little and if you have to
purchase when you buy a vehicle,depending on ifpay for them they are of little value and you
it is a new or used vehicle and if used,the mileageshould get a 12-24-36 month policy.
on vehicle at time of purchase.If you plan on keeping your vehicle or have it
If you purchase a vehicle with some factoryfinanced you should definitely go for the length of
warranty left on it you can buy an extendedfinace if possible as there is nothing worse than
factory warranty that will take over when thepaying for a vehicle and then have a $2000.00
new car warranty expires.failure.
The extended warranty will cover most of theYour less expensive warranty will be on a driveline
things the orginal warranty did except forfailure only, and this can get sticky if you buy one
maintenance items such as belts,hoses,light bulbsof these and have a failure for a couple of
etc.thousand dollars and then find its not covered.
The extended warranties will have different levelsThis is where you read the policy, have it fully
depending on what you want covered and whatexplained or get someone that knows warranties
deductible you want.to go with you and check it over before buying.
The factory extended warranty is probably theIf you can't do any of the above I will be putting
best you can purchase on a newer vehicle,butup a check sheet on my web site ( you can
always compare before you purchase and makedownload and check yourself or have dealer do it
sure you get the most for your money.Here atfor you, they should do this if they want to make
the Carfacts Warranty page I will try to showthe sale.
you what to look for before you buy.You may buy a driveline policy that dosn't cover
The aftermarket warranty is the most populargaskets and seals, then have a cylinder head
warranty and most times will cost less than agasket fail, overheat the engine and dump
factory extended warranty, but one thing youantifeeze in your oil and damage the rod/main and
must do is read the contract and make sure youcam bearings and other internal parts to the
understand it fully before you buy so you don'textent of needing an engine replacement. Then
get a shock when you have a failure and its notyou find out none of it is covered due to the
covered."MAIN" failure being a gasket failure with sub
There are hundreds of aftermarket warranties ondamage to the engine.
the market some are very good and some areAnother thing to look out for is a pre-existing
not worth the paper they are written on and justclause. Pre-existing is where there is a problem
because a dealer sells it dosn't make it a goodwith the vehicle that is not visable or noticeable at
policy as there is a heavy markup for the dealertime of purchase.
to sell these warranties. Sometimes a dealer willSince you don't know how the vehicle has been
loose money on a vehicle sale and then sell youmaintained before you bought it there may be a
an aftermarket warranty to make a profit on theserious problem lurking and then raises its ugly
total sale.head after you have had the vehicle a short time.
I will touch bases on a few of the things to lookYou may be stuck with a major repair due to the
for in an aftermarket warranty. Like I said beforefailure being considered "PRE-EXISTING".
there are many different types of warranties andMake sure the vehicle has been inspected and has
the aftermaket warranties vary from policy toa signed inspection sheet that states all items that
policy and company to company.had been checked and has no problems, then
There may be a free,or low cost, 30-60-or 90have the dealer waive any pre-existing problems
day warranty that the dealer will offer you onthat may arise or make sure your policy states
certain vehicles and then offer an up grade to athat any "unknown" pre-existing problems will be
better warranty. Usually these 30-60-90 daycovered.