Search
    Google
    Tip of the Day Blog
    The Web
« Using the Internet to Buy a Car (Part 4: eBay & Used Cars) | Main | Using the Internet to Buy a Car (Part 2) - Safety »
Thursday
Jul312003

Using the Internet to Buy a Car (Part 3) - Warranty

TIP OF THE DAY
Using the Internet to Buy a Car (Part 3)
Warranty

You can save quite a bit of money buying after-market warranties from the Internet. Compare prices and features, here's a list of the leading after-market warranty companies. 

You can save quite a bit of money buying after-market warranties from the Internet. Compare prices and features, here's a list of the leading after-market warranty companies.  Make sure you compare apples to apples.  Look for the following features:
  • Bumper to Bumper coverage - a good after market warranty will cover everything except parts that wear out.
  • Deductible - most companies offer a plan with zero deductible
  • Direct pay - a good warranty will pay the mechanic directly, not require you to submit for reimbursement.
  • Transferability - make sure you can transfer the warranty with the car if you sell it.  This is a very attractive feature when selling your car used to a private party.  it is worthless if you trade it in.

EmailEmail Article to Friend