1 In 4 Americans Trading In Cars Owe More On Loans Than Their Car’s Worth Many buyers paid over MSRP during the pandemic and are now suffering low trade-in values, while others took long loans and trade in too soon October 26, 2024 at 16:00 MAINTENANCE How A $2,300 Service Estimat...
Is a Used Car Warranty Worth the Money? A used car warranty is objectively worth it if you pay less for the coverage than you would pay out of pocket for repairs. As is the case with auto insurance, the majority of warranty customers pay more for coverage than they receive in claims. ...
The latest news on the U.S. used-car market. Catch up on everything from auto auctions to online sales.
An extended car warranty is protection from the vehicle manufacturer against mechanical breakdowns. This term is sometimes incorrectly used to describe coverage from third-party providers, which offer similar protection plans called vehicle service contracts. CARCHEX is a vehicle service contract provider....
Meanwhile, Endurance’s Supreme program offers near bumper-to-bumper protections similar to a new car warranty. There are intermediate options that balance cost and coverage. Endurance also has plans for high-mileage cars and commercial-use vehicles. The advantage of having an extended warran...
Used-car lots, either attached to a new-car dealer or standalone, offer a buying experience that's most similar to purchasing new. Then there are the used-only chains, which you might prefer for their selection or the warranty coverage they offer. Or maybe you really want to buy your ca...
Take time to compare thebest car insurance companiesto see where you can find the best combination of ample coverage and low premiums or deductibles. Disadvantages of Buying a Used Car Whether or not they’re under warranty, used cars still come with some potentially pricey unknowns. Because yo...
Generally, extended warranty schemes are not worth the money: On average, paying for repairs out of pocket is less expensive than purchasing a plan that you may never use. Generally speaking, you’re better off opting for a model with a proven track record of reliability, or a certified pre...
Part 2: Engine & Transmission Warranty for the second year or 10,000 Km (whichever is earlier) without Roadside Assistance. How is the vehicle price decided? Our vehicle prices are fair. We calculate the vehicles’ true market value based on the Indian Bluebook Guide, vehicle status (type,...
Maintenance costs:A slightly older car may have higher maintenance costs, which is an important consideration if you have a limited household budget. Much of the maintenance associated with a new car will likely be under warranty. The bottom line ...