Have you ever bought something and then regret immediately after giving your cash to the register, but you can’t do anything about it cause you’re already in too deep? Yep, you’re not alone in making those shopping mistakes.
We’re here to show you the most common mistakes when buying an extended car warranty and the best way to deal with them.
Buying because you were pressured to
One of the biggest mistakes a buyer does is purchasing an extended car warranty because they were pressured into buying the coverage. While not all warranty dealers are shams, but there are still some that would go as far as using fear-mongering tactics for you to buy the coverage.
If you feel that you’re one of the people who got scammed into buying additional coverage, here’s what you can do.
1. Check for policy cancellation. Read the fine print, in the contract and double-check if you can get a refund of the payment. Usually, they’ll give you 90 days for cancellations and refunds.
2. File a complaint. If you feel that you got conned and you’re already in too deep to cancel, you can contact your state’s attorney or Better Business Bureau and file a complaint.
With all this, just remember that you can always say NO.
Buying without proper inspection
Trust between you and the car dealer is really important especially if you’re investing a big amount of cash in your car, may it be new or preowned. With preowned cars, even with the vehicle history report, it’s best to have the car properly inspected. This way, you’ll be able to pinpoint which specific part needs the coverage.
Buying without considering the potential breakdowns and car parts replacement
We worry less about preexisting issues when it comes to brand new cars; but did you know that even new cars have underlying issues? This is why before you decide to invest in a new car, you need to do your research.
Vehicles nowadays are built to last longer, but even the most durable cars are prone to breakdowns. This is why an extended car warranty is necessary since not all breakdowns and car parts replacement are covered by a factory warranty, especially when it comes to wear and tear.
Buying without proper research
Knowing your car like the back of your hand is a necessity. This is why it’s best to properly research the car you bought or still planning to buy. I’m not just talking about the basics like the make and model but the repair record. Check out internet forums, it’s a gold mine of information.
Buying the wrong warranty package
The biggest mistake you could make when buying an extended car warranty is getting the wrong warranty package. Well, not entirely the wrong package because the most common protection covers the powertrain, but what I’m talking about is the additional coverage. For you to know exactly what coverage you need, consider these tips.
1. Do Your Research
Not only should you know about the make and model, and best features of the car but you need to know what kind of potential issues you’re going to expect.
2. Have Your Car Inspected
Even with thorough research, you still need to have your car inspected by professionals since they know what to look for.
3. Get Professional Advice
Even with the proper knowledge and thorough inspection, you’re still unsure of what coverage plan to purchase, you can always ask for professional advice. This way, you’re sure to get a bang for your buck and get the comprehensive coverage that suits your needs.
When it comes to buying an extended car warranty, do not lose sight of the fact that you don’t have to buy it soon after you’ve got a car deal. When your car dealer pressures you into buying a car warranty, just say no and give yourself some time to research and ponder. Avoid doing mistakes when buying an extended car warranty by doing your research properly. With A-Protect Warranty, you’re sure to get comprehensive coverage and get your money’s worth. Get your free quote today and enjoy a worry-free tomorrow!