You take a lot of tips before really enjoying a warranty. But, still you need some tips that are more important but, generally, people ignore them. So, here are those 5 tips that you should know.
Don’t buy the extended car warranty the same day:
Even if you choose and decide the right warranty for you, avoid it buying on the same day. You have enough time to look for other options and more pros and cons. Then, why to go in so much hurry! Also, you don’t have to buy the warranty the same day you buy the car as you can sleep on the idea to decide later.
Always Take Recommended Services
It is important to have recommended services finished on time as some warranty companies will refuse to cover a repair, in case, the owner is unable to provide proof that the car is serviced in according to the recommended guidelines.
You Don’t Need Extended Car Warranty for Auto Loan
You are generally not required to buy an extended warranty in order to qualify for an auto loan, according to the Federal Trade Commission. So, first contact the lender to find out the rule, if the dealer tells you that you have to buy a service contract to qualify for financing.
Read The Terms Before Signing
If you are purchasing a used car from a dealership, you’ll most probably get the Buyer’s Guide affixed to the window which explains that what kind of warranty is included with the purchase. Go through the detailed document, before putting your signature on it. Make sure that you are getting what you have expected.
Leave budget for an extended service contract
Purchasing an extended warranty isn’t the right move for every car buyer. So, ensure that there is still a space for budget flexibility which may entail you for an extended service contract.
If you decide you do want an extended warranty, these tips will certainly help you get a good price. Go and make the best choice!