All About Extended Auto Warranty Contracts!

Jan. 24, 2011 - PRLog -- In tough economic times people usually start to keep an eye on their money and begin to alter their spending habits. Sure it's great to be able to buy a new car every 3 to 4 years and always drive a automobile that is covered by a factory warranty, but in the past few years or so things have started to change!
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Purchasing a new vehicle is most likely the worst investment you can make, as opposed to buying a auto service warranty that will usually add value to your current car and is usually transferable if you think of selling your automobile. Not to mention you will be covered for most major mechanical breakdowns and most likely won't have to ever drop a dime on auto repairs again!
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Depending on the kind of used car warranty you take will determine how much of the car is guaranteed. There are a couple different kinds of aftermarket car warranties. The least expensive is usually a powertrain warranty that typically protects only internal lubricated parts of the transmission, motor and rear end differential. This type of aftermarket auto warranty will not protect any other systems of your vehicle and is usually offered for older high mileage cars and trucks.

There are mid level auto repair warranty plans that don't only cover the powertrain but also offer protection on various parts and systems such as heater cores fuel pumps alternators, air conditioning systems and power steering components to name a few. These aftermarket car warranty plans are pretty popular and typically are priced low enough for people to purchase.
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The price of the auto warranty plan doesn't only depend on the protected components but also depends on the actual vehicle that is going to get the coverage. If you are shopping for an extended auto warranty on a 2003 Ford Taurus with 60,000 miles on it, the price of the auto service warranty plan would probably be more reasonable than purchasing an aftermarket auto warranty on a 2003 BMW or Jaguar. Parts and repairs on a Mercury Sable are much cheaper than parts and service of a high line vehicle like a Jaguar or Range Rover! That is easy to understand! So it will reflect a bit in the price of the extended service contract plan.

The most sought after type of auto warranty coverage you can purchase is a bumper to bumper auto warranty plan. This kind of protection includes all of the protection options mentioned above, including most electrical parts, sensor systems, window mechanisms and door lock switches, traction control components, 4x4 transfer cases and just about all the components of every major system on a vehicle. This type of extended auto warranty coverage is absolutely great to have but can be a lot more pricey than the two plans listed above. This type of aftermarket car warranty really gives you real peace of mind!

Most used car warranty companies will also give you a option to either pay for an extended auto warranty all at once if it is affordable enough to do, or they may also accept a little down payment of usually a $400 and monthly terms as low as $20 or $25 per month. These types of options are offered to help make reliable aftermarket auto warranty coverage affordable to basically anyone who wants one. It's better to pay a few dollars on a monthly basis and gain peace of mind, than to not have any used car warranty coverage on your pre owned car and get stuck with a $2200 mechanic bill if your transmission starts to slip. Remember there is nothing better than getting peace of mind when it comes to having a used car!

So find out for yourself. Go out and find yourself an aftermarket auto warranty quote for that late model vehicle before you drop money on a new vehicle. Used car warranty quotes only take around 20 seconds to get and can save you lots of of dollars in the long run. You could also try a website such as UworkUdrive.com that is very highly rated in the auto warranty industry and will connect you for FREE with a reputable aftermarket auto warranty company very quickly!

Want to find out more about extended car warranties, then visit Frank Falco's site on how to choose the best auto warranty company for your needs.

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