Long-term financing with a bumper-to-bumper warranty
Sometimes called an "extended warranty", a service contract is a promise to perform (or pay for) certain repairs or services. Although technically not a “warranty” as defined by federal law, service contracts may be arranged at any time and always costs extra. Warranties, on the other hand, ONLY come with a new car and are included in the original price. Vehicle service contracts are popularly referred to as "extended auto warranties" or "extended warranties". Use of the term "extended warranty" or "warranty" on this site is intended to refer to vehicle service contracts and not manufacturer's warranties.
In these tough economic times, every penny counts. Those in the market for a vehicle right now may be wondering how they get the car they want at a price they can afford. An extended warranty can help savvy consumers save money in the long term while giving them peace of mind in the present.
There are a few tips and tricks to save money right in the showroom. The first is to ask the dealer to see the original invoice for the car. This way, you know exactly how much the dealer paid for the vehicle, and exactly how much you'll be paying. Dealers often tack on unnecessary fees with vague descriptions like "processing" that are simply a way to make a quick buck. With the actual invoice in their hands, car buyers can turn the table.
Shoppers also need to plan for the long-term. There are many websites which will help calculate the cost of ownership for a vehicle. One car may seem to cost less than another, but really cost(s) more once you factor in maintenance and upkeep.
A bumper-to-bumper warranty plan from a respected name like AA Auto Protection can significantly drive down the costs of ownership by taking care of any repairs that may occur due to wear and tear.
5/24/2010 10:56:55 PM
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