Should I Buy An Extended Vehicle Warranty?
Whether you are purchasing a new or used car, breakdowns can occur. It?s always a worry that you could have major problems such as engine trouble or a transmission that stops shifting, and you suddenly are digging deep into your pockets for the cash to repair it. So the question that arises often is ?Should I Buy An Extended Vehicle Warranty?? There are always pros and cons. An extended vehicle warranty adds to your total cost, but over the long run it can also be very beneficial especially if a big breakdown occurs. A vehicle extended warranty is a contract between a vehicle warranty company and you. It isn?t an insurance policy even though most people think of it as one. It is actually the most profitable service a car dealer sells, but it can also be very beneficial to the consumer. When you buy a new car you get the manufacturers warranty. Then, for a specific fee, you can extend that warranty. If you tend to keep your vehicles longer than the period of the original warranty purchasing the extended warranty can make good sense. If however you tend to trade your vehicles in every few years, the purchase of the extended warranty would probably not be beneficial. When it comes to used vehicles, some dealers will offer a 30 day warranty and then offer to sell you an extended warranty. There are many companies that are now offering extended warranty coverage on used vehicles. Purchasing an extended warranty is a great way to give you peace of mind. You can protect your investment and your pocket book from unexpected costs. Extended warranties usually offer the same benefits as your new car warranty. This means that no matter where you travel within North America your warranty will cover you. Some extended warranties cover just the powertrain, while others cover bumper to bumper. Be sure to check with your dealer or read your policy. As an added bonus, almost all extended warranties offer 24 hour roadside assistance. Roadside assistance includes gas drops, flat tire changes, locksmith, and towing benefits. You may also get benefits such as vehicle replacement in the event of a breakdown along with accommodation expenses. Filing claims is a simple process. Many dealers simply require you to provide proof of coverage. Normally you are issued a coverage card. If you are dealing with your local dealership, chances are you are in their computer system. On used vehicles you usually are required to pay the costs and then submit the bill for reimbursement. Different plans have different deductibles. Don?t buy your extended warranty coverage by price alone. More doesn?t mean better; but then again cheap can mean that many repairs are exempt so read the fine print and read the entire policy carefully before signing on the dotted line. With so many companies offering extended warranty coverage online and through dealers, it?s important you are sure that the company is reputable. If your extended warranty comes from Ford or GM it?s pretty straightforward; but otherwise you?ll want to make sure you are dealing with a well funded company. Whether you should buy extended vehicle warranty coverage is really a personal choice, but good coverage can be beneficial. If there?s one thing for certain, vehicles will break down. It?s just a matter of when. Gray Rollins is a writer for automotive websites. Visit us for more <a href="http://www.mcgeeautosales.com/extendedvehicleswarranties/">extended vehicle warranty tips</a> and be sure to check out our site about <a href="http://www.pellauto.com/luxuryvehicleauctions/">luxury vehicle auctions</a>.
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How I sold my teachers used car in less than two hours!
Class projectMarketing teachers have always been dynamic, which is probably why I enjoy my marketing courses so much in school. One teacher in particular stands out to me, he made a big deal of utilizing real life examples to demonstrate his curriculum. Generally searing the concept into our ripe minds. His most recent brainstorm came last week when he told the class that whoever could sell his used car the fastest and for the most money would be excused from the midterm. This was not a ’sell a used car’ lesson, this was a ‘market value’ lesson.Everyone was game for the task and ready to get started, but there was just one question left to ask; what was the car and where was the car? The car was in the parking lot, and by the looks of it had been there a while, it was a ratty old Honda Accord that had seen better days. Everyone cringed as they saw it, but then the look of steely determination took over most faces, the idea of skipping a hefty midterm high in everyone’s minds. Method optionsThis class met twice a week for two hours both times, he gave us this assignment at the beginning of the class period and told us to research our options and the market value of the vehicle, and to have something to show him by the end of the class period. Everyone went to work right away, some of the guys even borrowed a hose from maintenance and went to town washing the Accord in the hopes of raising its value. I took another route, I jotted down all of the information about the vehicle, then I went directly to the computer lab. I had a secret weapon, the fastest way to sell a car is to go online. My sister had just sold her car to an online service, and had raved about how easy it had been. Online solution to a real life problemI went to their website and filled out their brief online form, which allowed the car to start accumulating bids right away. Then I called their 800 number to cover all my bases. The woman who answered the phone was very helpful and when I explained the project to her she was eager to help me win. She said it was lucky I called when I did because they had an appraiser near the school who would be finished with his appointment shortly. She phoned him and asked him to come see my teachers Accord, sure enough he appeared in the parking lot 15 minutes later. No midterm for meMy fellow students didn’t know what hit them. I called my teacher out to the parking lot and less than half an hour later he had cash in his hand for his ratty old Honda. Not only did I eliminate one midterm off my schedule, but I earned the respect of a teacher I respected. <b>About the Author:</b> My name is Paige Filler and I'm a creative writer with a love of all things that go vroom. I do my homework to bring thought and innovation into everything I write about the auto industry. You can find more of my stuff at <a href="http://www.cash4usedcars.com/" target="blank">Cash 4 Used Cars</a>, and <a href="http://blog.cash4usedcars.com/" target="blank"> this blog.</a>
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Lemon Laws - Documentation Is The Key
There is nothing worse than realizing that the vehicle you purchased is not running the way it should, and in fact this can be downright dangerous. Fortunately, all states have a lemon law which allows consumers to address financial and legal issues that may result if they have bought a defective automobile. A vehicle may be considered a lemon if it continues to have a defect that substantially impairs the vehicle?s use, its value or your safety. Generally, if the car has been repaired 4 or more times for the same defect within the warranty period, and the defect has not been fixed, the car qualifies as a lemon. ?Lemon? is not a term that can be applied simply because you no longer like certain aspects about your car, and it does not refer to all defects the vehicle may have. If the transmission doesn?t work, the car won’t go into reverse, the rear door opens all by itself, the driver’s seat wobbles, or the car can?t reach minimum required highway speed, then you may have a lemon. It is essential however, that the dealer has been given an opportunity to correct the problems before the courts will determine the automobile is a lemon. In most states, ten different defects during the warranty period won?t classify the car as a lemon. In some states, a single defect that might cause serious injury could qualify your car as a lemon; if the manufacturer hasn?t fixed the problem after 1 repair attempt. If you think you may have purchased a lemon car, the key to winning your case is documentation. Keep any receipts and records for the repair of the defects in your vehicle, and any receipts pertaining to the vehicle?s breakdown (such as cab fare). Retain any notes you write to the company, as well as names of employees you have talked to about the problems. Any costs or problems caused by the buyer?s neglect or abuse will be specifically excluded by State Lemon Laws. Purchasing a lemon is an unfortunate but not irreparable circumstance if you follow the correct lemon law procedures. Be diligent with your documentation, even during the frustration. Read your state?s lemon law and follow the documentation requirements to the letter. If you must hire an attorney, this will not only save you tremendous time, but some States provide some portion of attorney?s fee in lemon law resolutions. copyright?2006 conferencewebs.net. Visit for more <a href="http://www.conferencewebs.net/articles">conferencing</a> articles, resources for <a href="http://www.conferencewebs.net">audio conferencing</a> and<a href="http://www.conferencewebs.net">video conferencing</a>.
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