De acuerdo a Forbes, in the first quarter of 2012, the average new car cost an estimated $30,303. To most Americans, this is one pretty penny. And with such an investment of your resources, wouldn’t it be a good idea to keep it protected? A word that is thrown around a lot in the automotive industry is the term: extended car warranty.

If you were to ask almost any new car buyer if they have an extended car warranty, they will most likely answer “yes”. This is because the term has numerous vague meanings that people associate with it.

Cómo comprar una garantía de automóvil:

• Localizar proveedoresElegir una compañía de garantía de autos puede ser difícil debido a la gran cantidad de opciones. Asegúrese de elegir un proveedor debidamente acreditado, con buena solvencia financiera y recomendado en el sector.
• Comparar precios– Buying the cheapest car warranty isn’t the smartest move, oftentimes these warranties will not pay out any actual claims. Compare prices, but understand that if the price is too good to be true, it probably is.
• Revisar las opciones de coberturaDependiendo de la cobertura que necesite su vehículo, le conviene preguntar para qué cubre realmente. Nunca hay demasiada cobertura, y esto le garantizará el mejor contrato posible.
• Establecer un plan de pago– Your coverage should be affordable for you, which is why most drivers use a payment plan for the purchase price of their warranty. Companies that do not offer payment plans should be avoided at all costs.
• Elija su deducible– Similar to your auto insurance, a car warranty will have a deductible. This is the amount a driver will be liable to pay when a repair is made. Some vehicles qualify for no deductible, but typically, most contracts have a deductible of $100 or less.
• Compra tu contrato–  Once you have chosen your coverage,  set up your payment plan, and chosen your deductible, all that is left to do is purchase the contract. Ensure there are no additional fees added to your purchase price, and it never hurts to ask if there are any discounts available to you.

¿Cuáles son los diferentes tipos de garantías?

There are various forms of protection for your vehicle, but the best way to distinguish one from another is to examine each one’s key components. To be safe and ensure you know exactly what type of coverage you have, listed below are a few terms that are commonly used for an garantía extendida del automóvil.

Del fabricante– This is the warranty on your new vehicle, in which the manufacturer states to repair your vehicle for a specified period of time and/or mileage. These are typically stated for 3 years/36,000 miles but can vary among manufacturers. These warranties are generally not all-inclusive; review your warranty agreement for coverage details and specifics.

ProductoEste tipo de garantía solo cubre un producto específico y cualquier otra pieza que esté en contacto directo con él. Por ejemplo, Pastillas de freno Puede venir con una garantía de 90 días indicando que no fallarán, pero esta garantía no podría extender sus afirmaciones indicando que los neumáticos del automóvil no fallarán.

Contrato de servicio del vehículoEstos contratos son adquiridos por los consumidores para cubrir los costos asociados con reparaciones costosas. Al igual que la garantía del fabricante, cubre piezas, mano de obra e impuestos sobre las ventas para reparaciones específicas según la cobertura. Con innumerables proveedores que prometen el precio más alto, lo mejor es encontrar uno con una reputación consolidada.

Auto– This is actually an incorrect term that most commonly refers to a vehicle service contract. This term is also known as a/an Vehicle Service Agreement, Extended Service Agreement, and Extended Warranty. Whereas a Vehicle Service contract will pay for your vehicle’s repairs based on contract agreements, a warranty must come from the manufacturer, demonstrating the term’s inaccurate label.

The term extended car warranty is almost a deceptive term in general, seeing as how for it to be true, the manufacturer would have to be the one extending it. Many dealerships sell these “extended warranties”, however, they are merely the same contracts that you can purchase from a third-party provider.

When looking to extend your warranty (in reality, extending coverage for your vehicle), make sure that you examine your contract closely. Read your contract and ensure that the coverage is the right coverage for you and that your needs are fully protected.

Acerca de la garantía Endurance

Endurance Vehicle Protection is the nation’s premier provider of extended vehicle coverage. By administering our very own Endurance coverage plans, we are able to “cut out” the middleman and pass along these savings to our valued customers.

This also means that throughout the entire life span of your contract with us, you will be dealing directly with us and not a third-party company. We believe in empowering confidence for the road ahead, but we also believe in empowering consumers to buy with confidence.