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Does It Pay To Compare Car Warranties

Does It Pay To Compare Car Warranties Image

Some consumers give little thought to Car Warranties, even when purchasing new vehicles.  The usual approach involves simply going with whatever warranty plan the dealer happens to offer or recommends, and filing the warranty away until there is a need for the coverage.  In fact, shopping around for car warranties can not only save money but may also result in enjoying a few more benefits without having to incur a greater expense.

 

One of the first things to do is examine each of the car warranties offered by the dealer.  This will make it possible to determine which of those offerings is a good fit for your lifestyle and your budget.  Even if one of them seems ideal, don't make a decision just yet.  Instead, use what you've learned as the standard for evaluating warranties from other sources.  Pay close attention to the scope of cover provided on different components, and what you have to pay for that cover.  If possible, create some sort of spreadsheet that makes it possible to compare benefits from several different plans side by side.  The results may be very revealing.

 

Shopping around for different car warranties will accomplish one of two things.  You will either be convinced that the warranty offered by the dealer is in fact the best option, or you will find another option that is obviously superior.  With either outcome, you emerge with the best warranty coverage, something that will come in very handy should your car experience some sort of malfunction due to parts covered within the terms of the warranty.

 

Author: Michael Barclay


published: 16/03/2011 11:00:01

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