Survey Finds That Millions Of American Drivers Cannot Pay For Major Car Repairs: How You Can Avoid This Trap

A recent survey of American motorists by the AAA found that millions of American drivers would be in serious trouble if their car needed a major repair now:

  • One in four could not pay for a car repair of $2,000
  • One in eight could not even pay for a $1,000 car repair bill
  • One fourth of drivers are neglecting car repairs and maintenance largely due to the economy – which could put them at risk for unexpected car repair costs.

If a $2,000 car repair came up for you, how would you pay for it? The survey found:

  • 38 percent would pay with funds from a savings account
  • 20 percent would pay with their credit cards

Warranty Direct Expands Extended Auto Warranty Coverage For Customers At No Extra Charge

Warranty Direct (www.warrantydirect.com), a leading provider of extended vehicle service contracts, has announced expanded coverage for its major policies at no additional cost, in response to customer requests.

“We are increasing the coverage for our most popular contracts by a whole year, and providing additional options for others, to make our coverage an even better value in the current economy,” said Tara Williams, Executive Vice President of Warranty Direct in Charlotte. “We have had numerous customer requests for these options, and we are very pleased to make them available, effective Sept. 12.”

Should You Buy An Extended Warranty?

tomtThis weekly feature for Warranty Direct about car repair and maintenance is written by Tom Torbjornsen, the popular host of America’s Car Show on satellite radio. Below are some recent Q&A from the America’s Car Show email bag.

Dear Tom,
I purchased a used ‘09 VW Jetta, with 8,000 miles. The car has a 2-yr/24k mile warranty, and I was offered an additional warranty of 5 yr/75k miles for an additional $1900. Should I buy the extended warranty, or is the standard one enough?
Arika from San Diego, CA

Receive A Free Garmin nuvi 1350T with purchase!

Receive a GPS with Purchase Today Only

Take advantage of our April Sales Promotion to save on your vehicle service contract (extended auto warranty).

This offer is available is available for a limited time. (Discount offer not available in Florida or California.)

Call 800-632-4222 or visit Warranty Direct today for more details!

(promo now expired)