Welcome to Auto Warranty Advice
The goal of this site is to help users searching for information on auto
warranties or extended service contracts. We've tried to provide
information regarding all aspects of automobile warranties and hope we have
accomplished our goal. Our content details everything from the history of the
extended auto warranty to tips when purchasing your warranty.
Cars have a mind of their own. If they want to break down, theyíre going to
break down, and it wonít matter one bit if your checking account is overdrawn.
But there is a solution. Extended auto warranties go a long way toward easing the
burden of prohibitive repair costs. You already carry auto insurance to defray
the mind-numbing costs of bodywork, medical expenses and litigation in case of
an accident. Think of an extended warranty as your ďrepair insuranceĒ you really
donít want to drive without it because when things go wrong with your car, they
often go wrong in a big, expensive way.
Every year, Americans buy about 15 million new cars and 45 million used cars.
Thatís one new car for every three used cars. As a result, the extended warranty
market for pre-owned vehicles has grown considerably. Just as
lemon laws protect
the owners of new cars, extended warranties protect the owners of used cars.
After all, you canít ever really know the
carís complete history. Who drove it?
How did they drive it? What problems might go unnoticed at the sale, only to
surface a year down the road?
Gone are the days of popping the hood and tinkering
with the engine. With todayís highly sophisticated cars running on computers
and sensors, you need a professional to diagnose and fix the carís ills, and
professionals cost money. With labor rates ranging from $60-80 an hour, and
sometimes as high as $100, it doesnít take much to rack up an astronomical bill.
This careful approach is a good thing for new car owners also. A typical new car
comes with a manufacturerís warranty offering coverage for three years or 36,000
miles, or four years or 50,000 miles. For the duration of these auto warranties, the
manufacturer is responsible for repairing factory-installed parts that
malfunction. Some even offer powertrain protection to cover the engine,
transmission/transaxles, and drive-shaft assemblies. But as you well know, most
problems donít start surfacing until the car is a few years old, which is
usually about the time that the manufacturerís warranties run out. Thatís why
itís prudent to invest in an extended warranty before your manufacturerís
warranty runs out. Itís cheaper that way, and you donít run the risk of lapsed
With all the extended auto warranties available for new and used cars, itís well
worth investing some time in researching the options. Your outlay will reap
dividends you can take to the bank. After all, doesnít owning a vehicle, new or
used, already cost enough with fuel, insurance and maintenance?
, and stop back often, as we will try to keep you informed
about auto warranty information as it becomes available.