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Are all Extended Auto Warranties Alike

Are all Extended Auto Warranties Alike Image

As many consumers know, extended auto warranties offer benefits that are more comprehensive than those offered with basic Car Warranties.  What everyone may not understand is that not all extended warranty plans are the same.  Depending on the make and model of the car involved, and the type of plans offered by the dealer and other independent providers, there may be significant differences in the type of benefits included in different plans.  For this reason, comparing extended plans carefully before making a final decision is very important.

Begin the process by obtaining copies of the actual extended auto warranties you are considering.  It is often possible to secure hard copies that can be compared with ease.  Many providers will also offer access to warranty terms and conditions via their websites.  When this is the case, you can view the terms on your computer screen or print them out if it is easier for you to work with a paper document.

Spend some time identifying exactly what events are covered and the benefits offered in each of the extended auto warranties you are considering.  You can use an electronic spreadsheet to tally the scope of cover provided by each plan, or use plain old pen and paper to make your own diagram.  Doing so makes it easier to see what is offered by each plan in comparison to the others, and make your decision based on not only the price but also the cover you get for that warranty premium.     

Author: Michael Barclay


published: 22/06/2011 11:00:01

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