Buying an Auto Warranty Cleveland TN

The purchase of a car, new or used, is one of the largest investments that most of us make. You may choose to protect yourself and your investment by purchasing a warranty or extended warranty for your vehicle.

Local Companies

Norton Richard-Nationwide Insurance
(423) 472-7346
476 1st St NW
Cleveland, TN
Affordable Insurance & Bonding Inc
(423) 478-1200
85 Mouse Creek Rd NW
Cleveland, TN
Cornerstone Insurance Agency
(423) 472-7773
301 Keith St SW
Cleveland, TN
Farmers Insurance Group
(423) 479-6111
308 SW Inman St
Cleveland, TN
Farmers Insurance Group of Companies
(615) 771-5622
354 Cool Springs Blvd Ste 103
Franklin, TN
State Farm Mutual Insurance
(423) 626-3221
405 S Broad St
New Tazewell, TN
Insurance Mart the
(731) 668-7600
512 Carriage House Dr
Jackson, TN
Goss Jim F Insurance Agency
(423) 870-8558
5211 Highway 153
Hixson, TN
AAA Auto Club South
(615) 297-7700
2501 21st Ave S Ste 1
Nashville, TN
Powell & Meadows Insurance Agency Inc
(615) 666-6060
402 College St
Lafayette, TN

The purchase of a car, new or used, is one of the largest investments that most of us make. You may choose to protect yourself and your investment by purchasing a warranty or extended warranty for your vehicle.

Some of the benefits of a warranty include:

  • Financial piece of mind, as the warranty will protect you against high repair costs.

  • A rental car while your vehicle is being repaired (not always offered).

  • Increased resale value, as most warranties are transferable.

  • Different options on the warranty, including what is covered.

    • Mechanical Breakdown - The most common warranty is for mechanical breakdown, meaning that something within the vehicle simply broke down through no fault of the vehicle owner or normal wear and tear.

    • Wear and Tear - Wear and Tear warranties are typically more expensive and will cover your vehicle in the event of normal wear and tear. For example, your brakes wear out at 40,000 miles or tires need their normal replacement. Some warranties will also cover for routine maintenance and oil changes.

If you buy a new car from a dealer, the car will come with a warranty included in the price. These warranties are defined by both timeframe and mileage and will expire when the first of the two is met. They can range from 12 months or 12,000 miles to 7 years or 70,000 miles, depending on the manufacturer.

The purchase of a used car from a dealer can also net you a minimal warranty, or the remaining original warranty on the vehicle, depending on the age and usage of the car. Be sure to ask the dealer what warranty, if any, is included in your purchase price.

If you do not receive a warranty at the time of purchase, you are not out of luck. There are two common methods to purchase an extended warranty for your vehicle.

  1. Purchase from the dealer. Most dealers will also offer you an extended warranty with your purchase. When sitting down to discuss the finances, loan and purchase price, you will have the option to extend your warranty and to include it in the principle balance of your loan. Most dealers will also offer you a limited time frame in which you can return to add the extended warranty to the loan if you decide later that you would like to have extended the coverage.

    ...

Click here to read the rest of the article at HowToDoThings.com

Author: Brad Halvorsen

Featured Local Company

Hester and Associates

678-679-0400
6015 Southard Trace
Cumming, GA
www.hesterinsurance.com


Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History