Industry News
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Have You Been Contacted Recently About An Expired Auto Warranty?
Are you being solicited or harassed by means of a recorded or computerized call? Here is a short version of a typical automated phone call:
"Your warranty has expired and this is your final notice to activate coverage. Press 1 to speak with a Live Agent. Press 2 to be removed from our list."
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When you purchase a brand new vehicle, in addition to the new car smell, you'll also get to enjoy bumper to bumper factory warranty coverage for a period of 3 Years / 36,000 miles. What this means is, you will not be responsible for any of the mechanical or electrical components for that time period.
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With newer, better and more technologically advanced vehicles in the market today, auto repair costs continually rise. For example, if a previously owned car that you bought three years ago suddenly breaks down and it requires an engine replacement, you would need to shell out as much as $3000 if the manufacturer's warranty has already expired and you do not have an extended warranty.
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No matter which way you look at it, I still saved a significant amount of money with the extended warranty that you guys offer. I have two cars, a beat-up 1997 Audi and a fairly new Acura. The Audi does not have an existing warranty anymore as it lapsed a long time ago and I was hesitant to shell out more money for an extended warranty when I first bought it from a used car dealer.
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Next to your house, your car may be the second biggest investment that you will ever make. If your driving to and from work on a daily basis, you should take steps to ensure that the value of your car will be maintained no matter how long you plan to keep it. To have a deeper understanding of why you need to keep your car in car in its prime operating condition, take a look at the following reasons:
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Are you prepared for the cost of repairs if your cars engine suddenly gives out? If not, then it's crunch time! Even if your car is fairly new, you probably did not think that you would have problems this early. Replacing or repairing an engine can cost on average between $1,200 - $2,300 depeding on your vehicle. With a good extended warranty plan, you won't be responsible for the repairs. The question is, how do you know how to choose the best auto warranty service provider?
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Purchasing an extended auto warranty can mean big savings! The cost of automotive repairs and parts has been rising steadily. On average you can expect to spend between $500-$800 on a minor breakdown. Have you protected your second largest investment? An extended warranty may or may not be for you, find out why!
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Auto Protection » Industry News