You get what your pay for, they claim. Does that apply to extended auto warranties? You should not spend all your money to get an extended warranty. This is just a scam masquerading as an insurance policy. You can find this for more info.
Imagine yourself driving on the highway, your radio playing, when all of a sudden, you hear the sounds from a scary movie. The heartbeat quickens, your mind races and you ask yourself the question “How much will THIS cost me?” This is where an extended auto warranty whispers in your ear, suggesting that they have got you covered.
Service contracts, also known as extended warranties or, to some, service agreements, are a peculiar creature. The purpose of these contracts is to cover certain repair costs after the initial warranty has expired. Do they really make everything better? But wait, there is more.
The old-fashioned bait and switch is the first thing to mention. You may have felt as if you were Alice, falling into a rabbit hole of sales pitches. When you look into extended warranty, this is what you may encounter. They have sales pitches as slick as a Sunday morning oiled pan. The salespeople will promise a hassle-free driving experience. But, underneath their appealing exteriors, many warranties contain more loopholes that Swiss cheese. You should always question anything and everything. You should always question everything.
You should be aware that some warranties have exclusions, which can make even lawyers fumble their brains. Bob is a Milwaukee man. Bob thought his warranty covered him when the transmission on his car failed. Bob, I’m sure you can imagine, was very unhappy when he found out that his warranty only covered parts that were deemed to be “wear and tears”.
The warranties can also be used to cover the cost of a new cushion. If you are not very good at maintaining regular maintenance, perhaps by skipping an oil change? A warranty extension could be the answer to your prayers. There are times when things such as engine problems and transmission issues sneak up on you. A safety net is like an insurance fairy godmother.
The reliability of your model of car is like luck. It’s like a Swiss timepiece, some cars need nothing more than the occasional pat of the hood. Other cars are as unpredictable as a kitten on catnip.
Imagine you can’t fall asleep unless all your worries are taken care of. In this case, investing into a good car warranty could bring you peace of heart. Do your research on each company that offers a warranty. Sites such as the Better Business Bureau are worth their weight in Gold for insight about their track record.
A little nugget: Comparing prices is not just for fruits. If you’re dealing with a warranty, speak to former customers. Or better yet, look for reviews. These reviews are full of real stories – funny, or even frightening.
The bottom line is: What are your thoughts? The bottom line is to know your vehicle, and also your driving habits. Try to be honest with yourself. You may be ready to accept the messy (and expensive) pleasures of auto repairs. You may prefer to have smaller and more frequent payments in case your vehicle throws a fit.
Think of it as mutually beneficial. Consider it a mutual dance between you and the extended warranties. Knowing what to expect is the key to determining whether it will be a cost-saving or a blessing. Do not be fooled by the sizzle; check out what is cooking.