Should I Buy An Extended Warranty On A Used Car (July 2022)

How do I check if my car is under warranty?

If you do have a vehicle you purchased secondhand and you’re unsure of the warranty contact the service department of that brand. They can give you the information if you can provide the VIN number and as long as the maintenance has been recorded you will be in good shape until that warranty ends.

Can you get an extended warranty at any time?

The smartest thing to do is to use the existing warranty on your vehicle and once it gets close to the end of your warranty that would be the time to consider an extended warranty if you’re purchasing the vehicle used or a certified pre-owned from a dealer. it’s important to ask before you finalize the offer on the vehicle sometimes that warranty is not transferable, and other times there is a fee if you’re buying from a private owner that warranty may not be transferable and then you’ll have to consider extended warranty plan.

What’s the difference between a car warranty and insurance?

Car insurance is a different beast that’s there in case of a collision or an accident or something happened to replace the vehicle or to get it repaired.  A car warranty is not a requirement if you choose to get a warranty that would cover some of the repairs remember with the big print gives the small print takes away, and very important to take the time to read the fine print on the extended warranty’s they’re all completely different.

What are the different types of car warranties?

What are the different types of car warranties one of the things to know is you have to read the small print their bumper-to-bumper warranty in the powertrain is the engine and the transmission in the rear axle all of those moving parts were bumper-to-bumper could be those other issues that you may not think about power steering or air conditioning. What’s important to know before you decide and whatever brand warranty that you were considering is who is doing the repairs is it an outside company is there some deductible amount that could be expensive in some cases it’s best just save the money put aside in case you do have a problem or another case you might find a really good warranty that will cover you in a way that fits your needs.

How can I avoid car warranty scams?

Well, it’s important to do your homework before you pick whatever companies you’re considering companies sometimes go out of business, and then you will have nothing Other times your phone will ring to say that your car is out of warranty and that you should consider whatever brand says. Anytime you get an unsolicited phone call hang up. And never say the word “Yes” because the moment you do you just entrapped yourself in their scam. If you’re in doubt read the big print and the small print have an attorney or a friend look at the fine print who is more experienced. There are some great companies out there but there are also some that aren’t as honest as others 

Final Word:

The bottom line is if you choose to get an extended warranty do your homework with the big print give the small print take it the way there are a lot of deductibles and a lot of little things that may find you frustrated and realize you’ve wasted your money or other cases this made me the best investment ever so find a reputable company before you make a final decision