Auto Warranties
When purchasing a car, the buyer must be encouraged to buy an auto warranty contract to help protect against unexpected, costly repairs. While it may sound like a good idea, it is advisable not to buy until the terms of the contract and who is responsible for providing the coverage, are completely understood. A car is likely to have a number of mechanical breakdowns. Purchasing an auto warranty protects the owner from the high cost of mechanical repairs.
Auto warranties are provided as a value added service by car dealers or by external agencies. Since 1979 these companies have become specialists in auto warranties. Warranties are available on any year, make, or model vehicle with any mileage. Coverage varies from 3 months to 14 years and from 3000 miles to 170, 000 miles. The warranty industry has broken warranties down into three major categories. Various plans such as component, power train and bumper-to-bumper plans are offered. No matter what option one chooses, each of the warranties provides all the benefits the owner needs, at an affordable price. For just a few pennies a day, any vehicle can be protected from unexpected mechanical breakdowns. Auto warranties extend their services across the town or country when an unforeseen repair is required.
Very few auto warranties cover all repairs. Common repairs for parts like brakes and clutches are not included in warranties. If an item isn't listed, assume it's not covered. The owner is liable to pay for the entire overhaul of an engine, if a part not covered by the warranty is found to be defective. Car warranties play an important role in the resale of used cars. A major feature that is looked into while purchasing a used car is the warranty it offers.
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20 Nov 2008 at 10:32am
Watertown auto dealerships affected differently by tough economy Watertown TAB & Press, MA - 2 hours ago That has proved a major problem for Tom Hamilton, who owns Executive Wholesale of Watertown at 160 Arsenal St. Many people have come to his dealership ... | Read more...
18 Nov 2008 at 2:42pm
Testimony of Robert Nardelli, Chairman & CEO, Chrysler LLC, to the ... MarketWatch - Nov 18, 2008 We offered our customers a lifetime powertrain warranty to build their confidence. Due to a focused product quality improvement effort during the past year, ... | Read more...
18 Nov 2008 at 12:25pm Forecasts based on the projections from 10 economists as of Monday, Nov 17. NA = not available. E = estimate. R = revised. **** = tentative. --Forecast-- Date Indicators :Median : Oct Sep Aug Jul Jun May 11/17 Industl Prod : : 107.3 105.9 110.1R 111 ... Read more...
18 Nov 2008 at 3:17am
Stockguru.com: Stocks to Watch for November 18, 2008 - ZAAP, KITD ... Trading Markets (press release), CA - Nov 18, 2008 All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties ... | Read more...
13 Nov 2008 at 5:51pm  Washington Times |
Insurance higher for hybrid damage Washington Times, DC - Nov 13, 2008 Smart buyers also should be knowledgeable about the extra costs of undercoating, rust-proofing, fabric protection and an extended warranty. ... | Read more...
10 Nov 2008 at 8:24am
Cash is no cure for ailing carmakers International Herald Tribune, France - Nov 10, 2008 Meanwhile, the government could provide debtor-in-possession bankruptcy financing, guarantee warranties to quash customers' worries about buying vehicles ... Barack Obama must be careful not to throw good money after bad at ... Telegraph.co.uk all 3 news articles | Read more...
1 Nov 2008 at 3:11pm Sales shift: Toby Forrester, left, shows Richard King a 2009 Lincoln MKS Friday at Forrester Lincoln-Mercury, Chambersburg. "We're just seeing where they are putting purchases off," said Ray Bromley, vice president of the Harrisburg Automotive Trade ... Read more...
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