How Long Will An Auto Warranty Last
When making an investment in the purchase of a new or used vehicle, obtaining an auto warranty just makes sense. Along with paying attention to the range of coverage provided on different components of the car, it is also a good idea to verify how long the cover for each of those components will remain in effect. This is important, since warranties issued by different providers are likely to include schedules that are a little different from one another.
One auto warranty plan may provide the same duration of cover for every event mentioned in the terms and provisions of the warranty agreement. When this is the case, the process of managing the terms and complying with any provisions necessary to maintain the cover is relatively simple. However, some plans may include schedules that provide benefits related to some components for longer periods of time, while other components are no longer covered after a certain period.
Before committing to any auto warranty, read the terms and conditions very carefully. Doing so will avoid finding out that a major part was only covered for the first two years after the purchase, meaning that since you are now in the third year of ownership, the cost for that part must be paid out of pocket. Compare the available plans and identify the one that fits your needs and your budget best, making sure you understand exactly what you get for your money. In the long run, you'll save yourself a lot of frustration and money.
Author: Michael Barclay
published: 17/03/2011 11:00:01