Buying an Auto Warranty Iowa

• 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.
  

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.
   
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Author: Brad Halvorsen