Friday, November 23, 2007

Extended Auto Warranty Coverage - 3 Questions & Answers

by Buck Johnson

If your car has outlived the manufactures warranty than you may want to consider extended auto warranty coverage to save yourself some money in the long run. Many people are confused about what an extended auto warranty coverage really is and how it can benefit them. In this article we will take a look at 3 common questions about extended warranty and answer them for you.

What is extended auto warranty coverage?

An extended warranty is basically a contract between a car owner and the warranty company. You agree to make monthly, quarterly, or yearly payments and they agree to cover any break downs or mechanical failures on your car. With most companies there is a deductible and you will be responsible for this amount in the event of your car needing repair work.

Why should I get extended auto warranty coverage?

Extended warranty coverage is good for people who have a car that is past the manufactures warranty because it will cover mechanical failures that happen on your car. Most cars after they get some mileage on them will experience mechanical failures and if you have a warranty the warranty company will cover the expenses. A warranty is good for people who are on a budget and a major repair would take a bite out of that budget. It really is peace of mind knowing that you do not have to worry about your car breaking down and how you will pay for it.

Can I get an extended warranty if my car has high mileage?

Most warranty companies will give you a quote on your car based on your mileage. If you have a car that has really high mileage than you may have trouble getting a warranty but it never hurts to ask as most companies will give you a quote and you will know right away if the warranty will benefit you. A lot of people are not familiar with the fact that they can get an extended warranty so they never bother to look for one.

Will extended auto warranty coverage benefit you? It really depends on your situation some times the cost will not be justified other times the cost will save you a lot of money in the long run so it is up to you to assess the situation. The first step is to get a quote to find out if it is cost effective to pursue an extended warranty for your car.

To get a free no obligation extended auto warranty coverage quote go to www.realautowarranty.info. You will never know how much one will cost until you ask.

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