Cars Warranties
Pros And Cons Of Extended Automobile Warranties
Cars are not cheap. Duh. In fact, the average new car now costs over $25, 000. As my parents would say, "We didn't pay that much for our first house!" It is no wonder that more and more people are purchasing extended warranties to protect their automobile investments.
Extended warranties have been referred to as 'health insurance for the car'. In a manner of speaking, this is a good comparison. As with health insurance, you pay your money up front to avoid paying even more money in the future. Since, in my experience, there is no such thing as a cheap car repair it is a good idea to have at least most of the components and labor covered by some sort of insurance. I was surprised to learn that there are some cars that are not eligible for extended warranties. The Land Rover, Jaguars, and other high performance vehicles are difficult - if not impossible - to get covered under a warranty. The reasoning, apparently, is that repairs on these vehicles are so expensive that nobody wants to cover them. My solution to this problem is simple - don't buy this type of car. Easy for me to say - can't afford one anyway. Do you really need an extended warranty? Most cars come with a 3 year/30, 000 mile warranty. Many of us are not through paying for the car before this warranty has expired. Personally, I would rather finance the warranty right along with the rest of the car so that at least I don't have to worry about large car repair bills and the payment. With luck, the car will be paid off before you start getting hit with those big repairs. There are three different types of extended warranties that are available for purchase. The first is the manufacturer's warranty. This product is advantageous because it is a factory-backed dealer repair network that can be used nationwide, so there is no haggling over repair price or components. The downside to this program is that it is the most expensive, and the dealer network in your area might be limited. The second type of warranty is the dealer plan. The advantages of this type of plan are that they are less expensive, and you can purchase the plan and service the car from the same place. The disadvantage of this type of plan is that if they can not fix the car at their place, where do you take it? The third type of warranty is the independent plan. The advantages of this type of warranty are lowest cost and most coverage choices - dealers, local repair shops. The disadvantage is that repair shop coverage might not be as promised. As is often the case, you get what you pay for. Read the information carefully - what exactly does this plan cover - and don't let the dealer pressure you into purchasing the plan. They will let you return to purchase it at a later date - and why wouldn't they? Money is money, and better they pocket your hard-earned dollars later than never. By Shawn MacDonald - I am the mother of three girls - ages 18, 20 and 22. Strange, seeing as I'm only 29! My 'day job' is a diner waitress, but I've been writing for 20 years. I've published colums (humor) and had a novel publ...
Why have cars become so complex?
In the last century, cars were very simple, usually reliable, easy to modify to your tastes, and more connected to the road. Now, it is very hard to find a new car that has a simple mechanical linkage to the throttle, brakes, steering yadayadayada.... I've driven cars that have zero driving aids and a brand new cars that have some stupid facebook status thing. I just don't get it, isn't half the reasons why more crashes happen are because of driver error because they want that new Volvo that can literally stop itself in traffic? Those systems are going to make people not drive as well because of a false sense of security since 80% of people on the road that I encounter are terrible compared to me despite the fact that I only have a permit. And these systems could become mandatory on new cars as soon as 5 years, which will make the initial costs and future maintenance costs go WAY up.
I prefer to drive a simpler car because I have to be more attentive (that'll make me a better driver) and I prefer the feel of a car that's simple, since I usually don't like everything computerized in a car. I also want to modify the car by adding wheels, maybe a new suspension and put a loud ass stereo in it, which if you do to most modern cars, they'll cause the car to become weird and unreliable, not to mention you'll void your new car warranty.
How do you guys feel about this and when I buy a car with my own money in a few years, should I get an older Subaru low-mileage or something?
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Defective car sold to us, possible seat belt issue.?
My father purchased a 2011 Corolla from a Toyota dealership yesterday. We signed all the papers yesterday so the deal is complete all we have to do is trade in our old ford and pick up our new corolla. Today the salesperson who sold us the car called us and said that there would be a delay in terms of picking up the car by today. He said the battery was dead and there was a possible seat belt issue, which immediately was a clear safety issue. The finance manager thought told us that the battery was going to be swapped out today for a new one and there wasn't a seat belt issue from his behalf. However when the salesperson who sold us the car said there was a seat belt issue and the finance manger said that the car didn't have a seat belt issue me and my father contacted the Federal Trade Commission to file a complaint. The agent who we talked to said that on their half the dealership honored the cars warranty and swapped out the new battery. I understand that a car thats on display at a dealership will have the battery drained from people turning on electronics ans stuff but they didn't tell us any issues about it before we bought it and we have two different stories on whether or not their is a issue with the seat belt or not. Tomorrow we are going to talk to the GM of the dealership and come to a agreement. My father wanted to get back his 4000 dollar down payment and wanted to cancel the contract, but the dealership told him that he already signed the papers and its final, weather he likes it or not he is going to pay the bill next month. What is our legal stance in this situation I understand the battery issue but we are getting different statements on the salesperson and finance manager on weather or not there is a issue with the seat belt. If the car is in good shape however my father demands compensation from the dealership from the issue. He wants a extended warranty on the car because he doesn't want any additional problems with the car after the battery-seat belt issue.Thank you for taking the time to read this and any advice you guys would have would help us out tremendously
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Defective Car sold to us, possible seatbelt issue.?
My father purchased a 2011 Corolla from a Toyota dealership yesterday. We signed all the papers yesterday so the deal is complete all we have to do is trade in our old ford and pick up our new corolla. Today the salesperson who sold us the car called us and said that there would be a delay in terms of picking up the car by today. He said the battery was dead and there was a possible seat belt issue, which immediately was a clear safety issue. The finance manager thought told us that the battery was going to be swapped out today for a new one and there wasn't a seat belt issue from his behalf. However when the salesperson who sold us the car said there was a seat belt issue and the finance manger said that the car didn't have a seat belt issue me and my father contacted the Federal Trade Commission to file a complaint. The agent who we talked to said that on their half the dealership honored the cars warranty and swapped out the new battery. I understand that a car thats on display at a dealership will have the battery drained from people turning on electronics ans stuff but they didn't tell us any issues about it before we bought it and we have two different stories on whether or not their is a issue with the seat belt or not. Tomorrow we are going to talk to the GM of the dealership and come to a agreement. My father wanted to get back his 4000 dollar down payment and wanted to cancel the contract, but the dealership told him that he already signed the papers and its final, weather he likes it or not he is going to pay the bill next month. What is our legal stance in this situation I understand the battery issue but we are getting different statements on the salesperson and finance manager on weather or not there is a issue with the seat belt. If the car is in good shape however my father demands compensation from the dealership from the issue. He wants a extended warranty on the car because he doesn't want any additional problems with the car after the battery-seat belt issue.Thank you for taking the time to read this and any advice you guys would have would help us out tremendously
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Cars Warranties News
Schumer Urges Inquiry of Companies Behind Bogus Auto Warranty Calls
11 May 2009 at 12:00am Senator Charles E. Schumer has never struggled to find a reason to hold a news conference on a Sunday. But the inspiration for the one on Mother's Day arrived unexpectedly, when the senator's cellphone rang during a health care meeting on Capitol Hill last week. ''You are still eligible to reactivate warranty coverage,'' said the recorded voice on...Read more...
