Olio Digest

Will your Extended Auto Warranty Cover your Situation?

Mon, 23 Aug 2010 04:51:08 -0500

When purchasing an extended auto warranty, your coverage can be confusing if you do not take the time to research it properly. Coverage types can vary depending on your warranty, and you do not want to assume that something is covered when, in fact, it is not. Then, you may wind up stuck at a repair shop wondering how you are going to pay for the expensive repairs that are needed.

The first type is the “breakdown” warranty. This is not the most ideal warranty to have, but it is an option for you. This type of extended auto warranty covers parts that break on your automobile. The reason this is not necessarily the best type of coverage is because not all car parts stop working due to breakage. In most cases, parts break down because they are simply worn down from extended use. In this situation, a “wear and tear” extended auto warranty is ideal. If your brakes wear down from normal use, the “wear and tear” extended auto warranty may cover the replacement of them.

An important warning, however: you likely will not find an extended auto warranty that covers overheating. If you have a car with a history of radiator problems, the extended auto warranty may not be your best bet. Most overheating problems simply will not be covered. If you have an extended auto warranty and your car overheats, causing damage, you may be stuck paying the bill out of pocket.

Every extended auto warranty may look the same to you, but it is important to fully research your options and ensure that you understand every scenario that your warranty covers. This can make the difference between a devastating repair bill and a quick visit to the repair shop.

You and your family decide to take a little road trip. You are driving down the road in a different state, when suddenly; your transmission goes out without warning. You breathe a sigh of relief, because you purchased an extended auto warranty on your vehicle. You manage to get your car to a repair shop, and you find out that your warranty will not cover repairs made at this shop. Now you are stuck with a very hefty repair bill, despite paying the premiums on your extended auto warranty for months. Were you ripped off?

Not at all. It just means you did not look closely at the terms of your extended auto warranty. Some warranties will cover repairs made at any repair shop. These are the most preferable types of warranties. However, not all warranties are created equal. In fact, some require that all repairs are done at the dealership where the extended auto warranty was purchased. If this is the case, you may have purchased the wrong warranty, especially if you were hoping for out of town repairs to be covered.

Another situation: your car breaks down out of town, and you do not panic because your extended auto warranty covers out of town repairs. But when it comes time to pay the mechanic, you find out that you are responsible for paying the bill upfront. In this case, you then submit the receipt to the warranty company and then you are reimbursed, often weeks later. Not knowing this, you do not have the money to cover the repairs, and you are stuck. If you are not prepared for this, you need to make sure that your warranty covers repairs with a credit card – directly. That way, you are not going to be forced to pay upfront for expensive repairs.

Understanding these scenarios and evaluating your options is very important when choosing an extended warranty.

Everyone Needs an Extended Vehicle Warranty in a Terrible Economy

Fri, 27 Aug 2010 06:39:22 -0500

When a purchasing a used car or your manufacturer warranty on your new car is about to expire this would be the time to start researching aftermarket car warranties. The following are reasons that you would want to purchase this type of warranty.

Cost efficiency can be a great motivator when deciding on purchasing an aftermarket warranty. This can help you stay protected in the occurrence that you have issues with your car. With today's cars becoming more and more sophisticated it can become costly to repair any issue. Some of the costly repairs that might occur in today's newer cars are replacement of the electronic processing unit, multiple airbags, anti-lock breaking systems, and electronic emission monitoring systems. Although this technology can make the cars safe and more fuel efficient, the older the car the more risk you have of one of these costly components will fail. The cost of a single repair to any one of the mentioned failures can cost several hundred or even thousands of dollars to have replaced. It is very possible that an aftermarket warranty can pay for itself when used the very first time.

Reasons to consider an aftermarket car warranty is safety and peace of mind. With an aftermarket warranty you are ensure that your car will be serviced by a certified car technician that will adhere to all proper procedures in order to diagnose each problem. By taking your car to a certified repair shop, you know that your car is being repaired with the latest equipment and the shop is able to handle the repair ensuring you have your car functioning properly when you leave.

Budget and value can be the main motivator when purchasing an extended vehicle warranty. A used vehicle can have a significant discount over a new car. With the purchase of a used car, an aftermarket warranty can definitely save you money. We all know that when purchasing a new car off the lot it is devalued significantly the minute we drive off the lot. By purchasing a used car and an aftermarket warranty, you will be able to keep that money in your savings account. The aftermarket warranty can help you when you decide to sell your car. Potential buyers can be assured that you car was properly serviced due to having the warranty.

The Many Different Levels of Extended Warranty Coverage

Fri, 27 Aug 2010 04:08:30 -0500

When you buy an extended auto warranty, just like with any other important purchase, it is important to educate yourself on the product that you are buying before making a decision. Before you decide on an extended warranty, you should take the time to fully explore all the details of the various coverage plans that will be offered to you.

Here are some common questions that you should have answered before you make your decision.

What is an automobile warranty worth?

People buy auto warranties for many reasons. The main one is due to the costs that it could save. The labor rates for a mechanic can go up to $100 per hour in certain locales. Extended car warranties will give you peace of mind, as you will know that you only pay the price of the warranty, no matter how many times your car needs repairs.

Who exactly is behind my car warranty?

An extended warranty could be backed by the car's manufacturer or a third-party company. By knowing who exactly stands behind the warranty, you will have a clearer picture on the reliability of the coverage.

One important thing to consider if you are buying a third-party extended warranty is whether the company that backs it will have sufficient financial resources to pay for all claims. There are many sites on the Internet where you can do research on a company and it's track record, such as the Better Business Bureau and WebAssured.com. Also, make sure they are a member of the VPA (Vehicle Protection Association).

You need to remember that while there are a lot of websites offering you extended car warranties, very few of them are directly backing the warranties themselves, as many are merely brokers or affiliates of auto warranty companies. It is very important to find out exactly who will be paying the claims should the need arise.

What exactly is covered in the auto warranty?

The levels of coverage that you will get will vary from one provider to the over. You should thoroughly read the details of the coverage that is offered to you and ask any questions that you may have before buying.

Can I transfer the warranty to a new owner?

If you plan to sell your vehicle later on, having an extended warranty that is transferable could add some value to the sale price of your car. Some warranties can be transferred, while others may not. Make sure you check this out before purchasing one.

How to Search For Scooters Spares

Thu, 05 Aug 2010 00:34:11 -0500

Searching for scooter spares can sometimes seam frustrating since there are so many models available that make searching for the actual part very difficult. Finding the right parts can be difficult and failure to do so may cause you to waste a lot of time and money while returning the products for replacement. However the following tips are able to help you while searching for scooter accessories.

Use of Traders and Shops

Motorcycle traders and motorcycle shops are able to provide you with various products including moped parts, scooter accessories and other motorcycle parts. These two sources have huge collections of motorcycle products from different manufacturers and of different models. You however need to know the vehicle identification number so as to track the exact manufacturer and model of the scooter in order to get a matching part.

Buying from eBay

EBay is a marketplace platform where you can locate different parts for your scooters online. The marketplace platform is able to link you with different suppliers of scooters accessories from different parts of the world and it facilitates the purchase process. The fact that eBay has an international reach, you can be able to locate different parts from many countries which can be able to land you on a good deal as some of them have little export duty fee.

Web Browsing

The use of the web browsers like Google can also land you on sites offering the scooters accessories that you are looking for. The use of apostrophes on the search words can enable you to minimize the returns hence it will direct you to websites offering the scooter accessories.

Direct Purchase from Manufacturer

Direct visits to the manufacturers websites for example Malossi company which produces scooter accessories is also another way of accessing the parts. The companies have websites where they list the different models of scooters and other products that they produce. This will enable you to search for the specific part of the scooter that you are looking for. Use of Dealers

The use of dealers of motorcycle parts can also help you to locate scooters accessories. The dealers are well accustomed to the search of different parts hence they are able to locate for you what you need from the manufacturers. Using the above tips, you can be able to access different scooters accessories with ease.