Extended Auto Warranty Contracts Becoming Very Popular In A Down Economy...

Jan. 24, 2011 - PRLog -- Used car warranties these days are a must have. With the prices of fixing a pre owned vehicle rising and cost of living going up, in a slumping economy, it makes good sense to pay a bit extra for good extended auto warranty protection on a used vehicle!
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One of the biggest reasons why folks buy new cars is because a new car comes with a manufacturers guarantee which gives people peace of mind when it comes to safety and reliability. But the cost of purchasing a new vehicle can far out weigh the price of keeping their current late model automobile and simply getting a good aftermarket auto warranty just in case of an unexpected mechanical breakdown.
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Purchasing a new car is most likely the worst investment someone can make, as opposed to getting a used car warranty that will actually add value to your current automobile and is usually transferable if you think of selling your car. Not to mention you will be covered for most major mechanical breakdowns and most likely will not need to ever drop a penny on car repairs again!

Depending on the kind of used car warranty you take will determine how much of the car is guaranteed. There are a many different levels of used car warranties. The most affordably priced is usually a powertrain warranty that usually covers only internal lubricated parts of the transmission, motor and rear end differential. This type of auto service warranty will not cover any other components of your vehicle and is usually bought for older higher mileage vehicles.
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Then you have your basic aftermarket car warranty that will protect the power train as well as certain other major systems that can go bad on a automobile such as water pump, power steering pump, rack and pinion, master cylinders components for the braking system and a lot of other expensive components that can be somewhat costly to fix or work on. These are typically the most common extended auto warranty plans available because consumers get a large variety of components covered and they are pretty affordably priced also.

The price of an aftermarket auto warranty plan for a used car does not only get determined by the type of coverage and covered components but also gets determined by the vehicle age manufacturer and mileage of the car getting coverage. A 2006 Toyota Camry with 75,000 miles would most likely be less prices to purchase coverage for than a 2004 Mercedes Benz with 50,000 Miles because parts and labor for the high line vehicle would most likely be considerably more expensive. So there would be a large jump in the price of the extended service contract coverage.

Bumper to bumper auto repair warranties are also available for different types of used autos and trucks as well. A bumper to bumper auto warranty covers almost 99% of a vehicle. Its protection includes everything you would receive in the aftermarket auto warranty plan described above, but would also include parts such as window motors, power window switches, computer and vehicle electronic equipment such as ABS braking parts, vehicle sensors which may trigger the notorious "Check Engine" light, as well as ESC systems and window regulators. Other add ons include a choice of having to pay a small $50 or $100 deductible or no deductible for an additional small premium on the auto warranty cost. These are all add on's you should look at and take into consideration when shopping for a reliable auto service warranty plan.

Many extended auto warranty companies will also offer you a choice to either pay for an auto repair warranty right away if it is affordable enough to do, or they will also take a little down payment of most likely a $500 and monthly payments as low as $25 or $30 per month. These types of choices are designed to help make good aftermarket car warranty coverage affordable to almost any driver who can use one. It's easier to lay out a few dollars on a monthly basis and have peace of mind, than to not have any extended auto warranty coverage on your pre owned vehicle and get stuck with a $2300 mechanic bill if your tranny goes bad. Remember there isn't anything better than having peace of mind when it comes to driving a used automobile!

Go out and get yourself a aftermarket car warranty quote today. You can simply visit a website called UworkUdrive.com and get a fast auto warranty quote in minutes! They are connected to some of the best auto warranty companies in the industry and have a very good satisfaction rating by consumers!

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 at www.UworkUdrive.com.

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Our primary business activities include helping people with bad credit and bankruptcies find fast solutions for their credit problems. Not only do we helo people with bad credit get auto financing and loans but we also can assist people in their search for auto warranty protection for their used cars and trucks. We are connected to a number of major auto service protection companies rthat car give you a very compatitive price quote for an auto warranty on almost any used car with under 150,000 miles. Visit UworkUdrive.com for more info.