Before You Buy a Vehicle Warranty: What Car Owners Should Know When Buying a Third-Party Coverage
You have probably seen the commercials: Protect yourself from expensive auto repairs with a vehicle service contract. It sounds like a great idea. Pay a monthly fee now and avoid a huge repair bill later. Unfortunately, it may not always work that way. At Advantage Automotive we believe vehicle owners should understand exactly what they are buying before spending money on an extended vehicle warranty or vehicle service contract. Some repair shops are reluctant to work with these companies because of concerns involving claim approvals, payment procedures, labor rates, parts requirements, and what is actually covered. Before signing up, read the fine print and ask plenty of questions. They are different from Your Factory Warranty One of the first things consumers should understand is that products commonly advertised as "extended warranties" may actually be vehicle service contracts. That distinction matters. A manufacturer's factory warranty generally cove...