When it comes to extend the warranty for used cars, then you must know about the cost consideration and services available for the used car. If you are having a user car or buying a used car then you must know certain factors that affect the usage of the car in the extended warranty. If you are going for used car extended warranty, then you must know that company is going to cover your vehicle for 3years or 36000 miles whichever is earlier generally.
Company covers certain things like malfunction or break of the vehicle for a specified time. There are some factors like business ratings, coverage, cost, repair, contracts and quotes and help and support that affect the extended car warranty of the used vehicles. If you are going for non-commercial vehicle then it will cost you less but if you are going for commercial vehicle then it will certainly cost you higher.
There are companies who provide best facility under extended warranty for used cars but it all depends on your intelligence to know about their price structure so that you does not get feel cheated when you got to pay. Companies do not disclose the complete details about the small charges for the car.
Factors Affecting Selection Of The Best Company
1. Business Rating
First and foremost thing that affect the selection of the company for extended warranty is business rating of the company. You should look at how much is the experience of the company in this business. The more the experience, better is the chance of services. You should also look for the rating of the company. BBB is the company who evaluates the services of the companies and gives ratings like A, A+, B, B+ etc. So, you should check it. BBB also give its certification to the best companies and you can check that online.
Next thing is the coverage of the various facility and services of the company for the vehicle. See how many states in which the company is providing its services. Best companies have presence in around 50 states alone in US. Companies provide facility of many plans for the vehicle. You can choose the plan according to your need and budget. Company also provides exclusion coverage in which bumper to bumper style coverage is done. It covers around thousands parts of the vehicle and most of the customer choose this coverage. Company provides restrictions on mileage facility under which you will be asked to choose mileage covered for your vehicle. Unlimited mileage will certainly enhance your cost. Roadside assistance is also provided by the company and they do provide 24/7 roadside assistance but it will cost you higher as you will be given preference than others before for repair. Some company’s offers car rental benefits in their roadside assistance packages and it can be car rental reimbursement, and simply car rental and it varies from company to company. Towing service is also provided by the company. For instance, you encounter with an accident then company will tow to your car and will return after repair. Some company provides trip interruption reimbursement, in which, company provides the cost of hotel fees, airlines fees which happen due to the breakdown of the car during trip. Except of these, there are some other facilities like optional coverage package, extended towing benefits, lockout benefits, fuel delivery etc.
Cost is one of the most important elements to consider before you finalize the warranty package. Company provides facility of monthly payment plans so that it becomes easier for the customer to pay the cost. Good companies provide this option. Best companies provide the money back guarantee within 30 days or 60 days if you don’t like their services.
Repair facilities have two options with them. You can either choose your own repair facility or company provides direct repair facility. Under this option, you can choose your own facility as per your need and convenience and if you don’t want any hassle then company its own take charge of repairing your vehicle.
5. Contract and Quotes
Under this various other important things will be covered. You can check that company is providing online preview of the contract or not. Is the contract transferable to other companies or not? Is contract renewable? Easy cancellation of the policy is also there, in case you don’t find the services, as per your desire. Is company providing free quotes online facility or not? Does company providing facility of quotes on the phone or not? Deductible is the amount that vehicle owner needs to pay out of pocket and it can vary from $50-$100 and it can be flexible option or mandatory depending on the policy of the company. Also all companies don’t apply the contract from immediate effect. So do check this when you go for extending warrenty for your vehicle.
6. Help and Support
This is also one of the main factors that tell about the after sale services of the company. If you want 24 hours support from company for your vehicle then do check it before you finalize as some company provides this facility and some are not. Sometime at the moment of hurry, we wish to chat company person live but all company does not provide this faculty. So if you need this service, then do check before. Telephone support is the basic and main requirement of the customer and most of the company provide this facility but do check once before you finalize the deal. Some companies provide the facility of email support too. Although it is an additional option but you can ask for it. If you have some question in your mind related to service or cost, you must ask but every company does not provide this service. So do check before. Last thing is that company has social presence or not as good companies don’t leave any step behind and have good status on social chat sites that reflects company’s effort for his reputation and services.
Exentension of warranty of used car is needed more as its parts do not work better as before. So, Selection of Extended Warranty Company also comes in our mind. We have shared with you most important factors to consider before you finalize the warranty company.