We’ve talked about extended coverage numerous times and it’s no doubt that everyone needs it, but where do you get it? There are numerous places for you to buy an extended car warranty, but which place is the best?
Most people will run to the internet for their answer, which is probably how you ended up reading this article. The internet can be very beneficial for research purposes, but as a consumer you must do some of the research for yourself. This is because some companies will tell you almost anything to get you to buy an extended car warranty.
Before you begin the hunt of finding a place to buy an extended car warranty, there are certain things to look for and others to avoid. With this article we’ll answer a few questions you may have and point you in the right direction for your extended coverage.
Why should I buy an extended car warranty?
We’ve explained this a bit already, but it all boils down to the fact that you’re protecting your vehicle as well as your wallet. There is no denying that car repair bills can really add up. With the U.S. hourly labor rate averaging $104, a minor problem can turn into a big expense. With extended coverage, you’re covered and it won’t break the bank.
What should I look for before I buy an extended car warranty?
As we’ve said before, there are a lot of companies out there. Some of them are very good and trustworthy, but others not so much. A couple things to definitely look for is that they are accredited members of the Better Business Bureau and that they are certified with the Vehicle Protection Agency. These two resources regulate the extended auto coverage industry and ensure the best business practices. Online reviews can sometimes be helpful, but should be read with caution.
Where can I buy an extended car warranty?
Ah, now we get to the big question. The answer is: almost anywhere. But you should be asking: where SHOULD you buy an extended car warranty! The answer to that question is a bit more complicated. Our personal opinion is to choose a certified member of the VPA that also fits your budget. Remember to ask if there are any discounts or payment plans that can accommodate your spending amount. But remember to not simply go with the lowest cost. Most times when users do this they end up with what the company calls an “extended warranty”, but what really should be called “buyer’s remorse”.
Just like any industry, there are plenty of options out there. But remember that good things come to those who wait. Take your time, do your research, and do as much reading as you can. It might be an investment of your time, but will pay off in the long run.
*A Vehicle Service Contract (VSC) is often referred to as an “extended warranty”, but is not a warranty. A VSC does, however, provide repair coverage for your vehicle after the manufacturer’s warranty expires. A VSC is a contract between you and a VSC provider or administrator that states what is a covered repair and what is not. Endurance is an administrator of VSCs and does not sell warranties.