3 Tips on Shopping for an Extended Vehicle Warranty

Are you buying a new car? You should get extended vehicle protection services to help guard your investment. Here are a few tips you can follow to get the best deal.

Look at Different Providers

You don’t have to get your extended warranty from the same place you’re buying your car. Many third-party service providers can give you better deals. Go to different establishments, and look at the extent of each plan’s coverage and their corresponding price. Shopping around keeps you from being limited to what your original sales representative pitches to you.

Once you find the best deals available, you may use this information to haggle with your car dealership and get a better price for their offers. If they don’t budge, at least you’ll have many other extended vehicle service protection plans to choose from.

Read the Fine Print

Make sure you know everything that’s included in the offer. During the sale, the details of the extended warranty aren’t really discussed, and what’s usually presented to you is just its price. You may get anaffordable deal, but it may have limited coverage or lack extra perks that you may need.

Before signing anything, read the fine print, and find out what’s really included in the warranty. Ask for an itemized list of everything that comes with it, so you know exactly what the company is proposing. Here are some features that a good deal should have:

  • Car rental reimbursement
  • Customer’s ability to choose a dealership or independent repair shop
  • Roadside assistance
  • Towing costs coverage
  • Tripinterruption coverage
  • Transferable status

Learn about the Company’s Reputation

If you’re getting a warranty that’s not directly from the car manufacturer, you should find out more about the service provider. You have to make sure that they can make good on their end of the bargain before you sign any legal documents. If not, you may end up shelling out cash for expensive repairs that they should be paying for.

Check out what past customers have said about the company. You may look at review websites to find out about other people’s experiences with the service provider. This will give you a good idea of what you can expect when you sign up for their offer. If you see at least 2 or 3 reviews that talk about any missed payments by the company, you may consider getting another service provider.

These are some tips you can follow when shopping for extended vehicle protection services. Be sure to keep them in mind so you can get the best warranty.

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