Searching for deals at the government auction
 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.
Need a new car but want to avoid the high costs and slick sales pitches of the car lot? Don't feel safe buying a car online, where you can't see it or drive it? The answer might be a government auction.
Frequently, used cars are auctioned to the highest bidder, and great deals can be found here. These cars have either been repossessed by police or were formerly used in a government fleet. With a little patience, car buyers can get a car for much cheaper than the dealer would normally sell it.
The problem? It won't be covered by any type of auto warranty. And since used cars are already more susceptible to breakdown, these auctioned vehicles are prime candidates to break down- all those savings going straight into the mechanic's pocket.
If you're going to bid at an auction, factor the price of your extended warranty into your strategy. There's no sense in buying one of these cheap cars only to leave them vulnerable to malfunction.
An extended warranty fixes all that. For just pennies a day, you can drive your new, auctioned ride in confidence. 
4/30/2010 2:54:12 PM
Related articles
3/11/2011 3:26:19 PM
Awaiting 2 votes
Alex Lohan considered an extended warranty for his automobile, a bright
blue 2005 BMW 325. "I heard that beemers can be really expensive to
repair, so I looked ...
Read More
8/6/2010 1:47:32 PM
Rated 4.9. Votes: 102
After considering all of the terms, prices, coverages, and competitors,
it's easy to forget why you were looking into an extended warranty for
your car at all. ...
Read More
5/28/2010 7:16:02 PM
Rated 5.0. Votes: 30
Memorial Day weekend is a busy time for car dealers, as they tend to see a large increase in the number of people shopping for a vehicle. Memorial Day typically ...
Read More
5/26/2010 4:48:18 PM
Rated 4.8. Votes: 30
As the economy slowly bounces back, some Americans are planning to travel this summer. Those who want to save a little extra might consider a "staycation," where ...
Read More
5/24/2010 10:56:55 PM
Rated 5.0. Votes: 30
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 ...
Read More
5/17/2010 10:53:14 PM
Rated 4.7. Votes: 31
On the back of North American sales, the bailed-out General Motors has reported that it earned $865 million in the first quarter, a sign that the effects of the ...
Read More
5/6/2010 9:00:00 AM
Rated 4.9. Votes: 31
Craigslist and similar websites have become one-stop shopping for many Americans who wish to buy or sell goods. It's no surprise that it's become a haven for used ...
Read More
|