New and Used Car
Warranty:
Extended Car Warranties
Let me start off saying that I think car
warranties are a Great product. I actually
recommend them in may cases. (and not just to sell them) The
determining factors are the price and the coverage. When
you get a good car warranties that fits your requirements at
the right price, you are usually money ahead in the long run.
The worst thing that could happen is that you do not use the
warranty, but on the good side you went all those years with no
problems and no big money out of pocket.
The price to get a newer car repaired properly today
has really gone out of sight. Many shops today are charging
nearly or more than $100.00 per hour. The amount of electronics
and computers in cars today has driven the price of repair
parts through the roof. I regularly see minor repairs that cost
nearly $1000.00 or more. A good warranty would really help in
that situation.
Car warranties can come in a wide range of options to fit
your needs and budget. The warranty can have mileage
ranges up to 100,000 miles and various amounts of years with
different deductibles.
Warranty Myth Debunked: I
want to dispel a myth about warranties that many people have
heard from a Finance Manager when being pitched a warranty.
They were told if they buy a warranty they can get a
better interest rate. Wrong. There is NO relationship between
the two. The only thing that determines your interest rate is your credit history and
sometimes a huge down payment may get you a very small rate
drop.
There are companies that provide new and used car
warranties for a great price with great coverage. We will
provide you some links of First Rate Warranty Companies to help
you when you are doing your homework.Warrany Direct
Page 2 Warranties from
the Source
Joe Slick
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