Posted on December 27th, 2007 by Warranty Direct
With companies offering extended coverage coming and going so rapidly, how do you know who to trust? As the oldest and largest company offering direct-to-consumer extended coverage, Warranty Direct has prepared this short checklist to help you in choosing your extended warranty coverage provider.
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Filed under: Extended Auto Warranty Providers, Extended Car Warranty Coverage, Warranty Direct
Posted on December 20th, 2007 by Warranty Direct
Before purchasing an extended warranty you need to think about your requirements. Car warranty policies come in all shapes and sizes, with considerable variations in the prices that you will pay and in the standard of coverage they offer. In reality, there are as many different types of extended car warranties as there are models of new cars.
Many people assume that buying a car warranty is simply a matter of heading down to your local car dealership and purchasing the warranty that they offer. Unfortunately, it is exactly this approach that leads to so many car owners paying too high a price for a low level of coverage.
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Filed under: Extended Car Warranty Coverage, Warranty Direct
Posted on December 14th, 2007 by Warranty Direct
The short answer is no. The high pressure car salesman who tries to lure you into buying an extended car warranty by rolling the price into the sales price of the vehicle is simply trying to increase his commission. While rolling the extended warranty into your car loan may sound like a good idea, please keep in mind that you will be paying 6-10% interest for years on that extended warranty.
The $1,800 extended warranty will end up costing you about $2,650 with a 5 year loan at 8% interest. And, that figure doesn’t even included the commission that you will be paying to the salesman, the finance guy and the dealership for acting as the broker!
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Filed under: Dealership Car Warranties, Extended Auto Warranty Providers, Financing Extended Car Warranties