There’s no question that extended used car warranties offer peace of mind, and they can save you plenty of money. That said, many vehicle owners get tripped up over the same common mistakes. Being aware of these hurdles and potholes will help you avoid them.
Wrong package choice
Many vehicle owners make the hasty choice when browsing through the options. The price of a regular mechanical breakdown policy might be attractive, but it’s important to understand that they do not cover wear and tear. In other words, if something needs replacing or repair due to normal wear, this will not be covered by the warranty. In addition, if other damage is caused as a result of a worn part, this can also be associated with wear and tear. These kinds of breakdowns are very different from sudden and unexpected mechanical failures. So, before you choose a plan, take a moment to think about all of your options and make the best choice for your budget and needs.
Neglecting preexisting issues
If your vehicle has any preexisting problems, it’s important that they are fixed before you sign a warranty agreement. If, for example, your air conditioner is faulty, you will not be able to claim for this fault from your new policy. If you try to claim for these problems, your claim will be rejected and, apart from this, it’s obviously unethical. For your protection, you might want to have your vehicle inspected from top to bottom before your new policy comes into effect.
You are by no means obligated to purchase an extended warranty from a particular provider or dealer. It’s your right as the vehicle owner to shop around for the best plans at the best price. If you feel like your hand is being forced, this should immediately raise some red flags.
Rushing the process
It might seem really easy and convenient to sign on the dotted line while signing all of your vehicle purchase papers. For vehicle owners who wish to extend their coverage, it might seem like the best option is to go through their dealership. However, choosing an extended warranty should never be rushed. Vehicle owners should always take the time to shop around and compare the prices as well as warranty terms from various providers. Shopping for a used car warranty is much like hunting for a used car. You will see a number of offers on the market, and each seller will rate their product as the best. Therefore, it’s up to the buyer to make the distinction. Make sure that you set some kind of reminder to notify you when your current warranty is nearing its end. This way, you will have more than enough time to do research and shop for the best extended warranty.
At A-Protect Warranty, we take your concerns and coverage seriously. We understand that each vehicle owner is different and so are their needs. We focus on making sure that you get the most appropriate and affordable coverage based on your preferences and requirements. Call our experienced team today at 1(866) 660-6444 or (416) 661-7444.