
When you are looking for an extended warranty you must make sure the shop you
plan to take your car or truck to for repairs will
do work on it with the coverage you have purchased. Always make sure the shop
replaces the parts with factory parts and
The extended warranty you have purchased pays for factory parts. The
administrator does have a choice to Use non factory parts.
Your choice would be to take your car or truck to the new car dealership to have
work done. Most new car dealerships will accept
Payment from the extended warranty administrator, the choice is theirs. The
worst case would be you can pay for the repairs and have the Administrator pay
you direct after you pay for the shop for the work that has been done. Always
make sure your extended warranty Covers parts and labor, this is a must and also make sure they provide you with
a rental car when your car or truck in the shop for repairs. (Words 90)
You also want to make sure your extended warranty is transferable. If you sell
the car or truck before the coverage has run out You want to make sure you have the right to transfer the remainder of it to whom
you sell the car or truck to. Most policies have
a $50.00 Transfer fee, but you must call the extended warranty administrator and
transfer the coverage at time of sale.
The transfer clause does add value to your car or truck. In most cases the
person you sell you car or truck to
Can not replace the extended warranty coverage because the car or truck is too
old or the miles are now too high.
In most cases the coverage does add 10% to 20% to the value of the vehicle.
Always rember the best time to buy an
extended warranty is at time of purchase because the cost is much cheaper and
you can finance it right with you vehicle loan at a reduced interest rate.
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