an “extended warranty” for a used car is technically called a vehicle service contract (VSC) or mechanical breakdown insurance (MBI) if you reside in California. Both will offer protection when your manufacturer’s warranty expires.
Is an Extended Car Warranty Worth the Money? Nope. Extended car warranty plans are usually not worth the money for the majority of those who purchase them. Studies by consumer groups have found that most plan owners say they pay more for the premium than they get back in covered repairs. ...
An extended car warranty helps to cover you when costly auto repairs are needed, but you might be paying too much for your policy. Did you know that you can negotiate the terms? We show you how to negotiate the best price for an extended warranty so you get the best deal. This guide ...
In fact, according to RepairPal, a transmission replacement for a Ford F-150 truck can be upward of $6,000, which is much higher than the cost of most vehicle service contracts. Beyond price, consider these additional qualities: Customer Service—An important quality of any truck or used ...
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Much better to keep that 15k free to buy things at auction or excess material when opportunity arises. Sometimes I think we make business harder than it is. As far as a truck goes into overhead for me, I figure at least 200 oil change per quarter, 1000 for tires once per year, 100...
Generally speaking, you’re better off opting for a model with a proven track record of reliability, or a certified pre-owned vehicle, which frequently includes some form of warranty. 4. Know The Car Before Buying A) Check The Car’s Background ...
When not taking your car to a dealership or mechanic for fluid replacements, the only proof you will have is what you retain. Therefore, save as much as possible so that you don’t run into issues during the claim submission process. ...
For example, car enthusiasts enjoy changing engines or making other enhancements to a vehicle's drivetrain to coax a particular type of performance. Many modifications can nullify thevehicle's warranty coverageof the modified and affected components because they can affect the vehicle's reliability in...