New Car Extended Warranties
The extended warranties market is flourishing and you will find a lot of offers on the market for your new car. Remember to check if your vehicle needs one before you buy. Generally, new cars do not require an extended warranty, because today most new cars come with a good warranty for 36, 000 miles or three years, which has now become standard. Some expensive brands have a four-year, 50, 000 mile warranty.
Cars are kept for longer periods, and wear and tear and other mechanical failures can be expensive. Here the extended warranties come in handy. There are different levels of extended warranties, ranging from the ones that cover only mechanical breakdowns to others that cover even minor problems. They can be thus broadly classified as luxury coverage warranties, exclusionary auto warranties and intermediate auto warranties.
Most extended warranties for new cars provide bumper-to-bumper coverage, and some plans covers luxury parts like the GPS/navigation, DVD/entertainment systems, phone and Internet access systems, and the emission system. The bumper-to-bumper warranties cover all the parts of your vehicle. These warranties do not cover only some excluded items. The warranty companies provide these lists. These types of warranties are good buys. The intermediate warranties cover ABS, power, turbo etc. They have more advantage than the basic car warranties. Some warranties charge extra for high tech systems like the ABS, sensors, and emissions systems. But beware; the dealers can trap you giving a long list of advantages of the extended warranties, through which they get a better deal.
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21 Nov 2008 at 11:56am  BusinessWeek |
Romney on Auto Bailout: Feds Should Guarantee Fan Belts But But ... BusinessWeek - 14 hours ago The federal government should provide guarantees for post-bankruptcy financing and assure car buyers that their warranties are not at risk. ... | Read more...
21 Nov 2008 at 10:20am
Washingtonpost.com Congressional Blogger Washington Post, United States - 15 hours ago Would customers worry that their warranties won't be honored? I don't know the answers to those questions. Lieberman, Lieberman, Lieberman: Why, oh why, ... | Read more...
20 Nov 2008 at 10:15am
Automotive repair expert Washington Post, United States - Nov 20, 2008 Pat Goss: Although a lot of keys on the ring that is used in the ignition in any car is a genuinely bad idea it ususlly doesn't cause these symptoms. ... | Read more...
20 Nov 2008 at 6:58am  Lynchburg News and Advance |
Let the Detroit Automakers Fail Seeking Alpha, NY - Nov 20, 2008 Corporate welfare has never been a good idea. In spite of this, it became a tradition during the failed presidency of George W. Bush. ... The big fix - but which? Philadelphia Inquirer all 352 news articles | Read more...
19 Nov 2008 at 12:07pm
Bigger Than Detroit?s Fate The Washington Independent, DC - Nov 19, 2008 One is that consumers might be leery of buying cars from a bankrupt auto maker. ?What?sa five-year warranty worth if the company that produced the car might ... | Read more...
19 Nov 2008 at 9:26am  Cay Compass |
Local Reaction To The Bailout Possibility For Auto Industry WITN - Nov 19, 2008 Personally, I would like to keep my warranty on my car and for people to at least have jobs. As for unions - if ran correctly can be a good thing.... but ... Unions promise legal action over Toledo shutdown Toledo Blade Comment by Gary Chaison Prof. of Industrial Relations, Clark University all 1,116 news articles | Read more...
18 Nov 2008 at 5:54pm GM shares now trade at less than three bucks ? they?re almost certainly worth zero. And the company can?t even produce a CEO who knows how to properly beg for Washington bailout money. The testimony of GM boss Rick Wagoner before the Senate ... Read more...
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