Extended Warranties for New Cars and Trucks

As you know, I’ve recently purchased a 2006 Chevrolet Silverado Crew Cab pickup, and I’ve had it about a week. I’ve considered bying an extended warranty, but because of the horrible experience I had back in the late 1990s with an extended warranty (I had bought one along with a used GMC truck I bought), I’m not so sure if an extended warranty is right for me at this point.

The last few vehicles I’ve had I haven’t had many issues since I maintain my trucks so well. But, if you want the piece of mind that an extended warranty might bring you, then I would definitely shop around for one, search at Google for the company name and the word “complaint” and see if there’s any complaints, and then investigate them further if you can. Here’s some more info about extended warranties, which is part of an article I ran across today. This is from Continental Warranty, a company that I don’t have any dealings with and have never heard about before. But, it’s an interesting read if you’re considering an extended warranty for your new or used car or truck.

An extended auto warranty is a smart purchase that helps consumers save money. Although it may seem convenient to buy an extended auto warranty from a car dealer, consumers can buy warranties at significant savings directly from a warranty company.

An extended auto warranty kicks in once the manufacturer warranty ends, extending its benefits for a longer period of time. This extension is cost-effective for car owners: the industry average number of problems per 100 vehicles is 237. Jeep has an even higher average of 289 problems per 100 vehicles. This means that owners of every make of car face potentially expensive repairs once their initial auto warranty runs out. “Manufacturer coverage lapses over time,” notes Continental Warranty, a consumer-direct warranty company, “but you can protect your car throughout its life by buying an extended auto warranty. An extended auto warranty is not double coverage; it is an extension of coverage.”

Without an extended auto warranty, repairs are extremely costly. For example, the average claim for a Chevrolet Impala is $1200. While the average claim for a GMC Envoy is a more modest $431, there are 148 recalls on average for that car. Most car owners without an extended auto warranty have to pay hundreds – if not thousands – of dollars in repairs. Moreover, car owners who choose not to extend their warranties risk further damage to their cars if they are not able to finance timely repairs. Continental Warranty says that their warranties are designed to give car owners “peace of mind” in a world where “[rpair costs continue to rise.”

While it may seem convenient to purchase an extended warranty from a dealership, consumers pay extra for this apparent convenience. Dealerships act as middle men, purchasing warranty products from warranty companies and then offering them to consumers at higher prices. Specialized warranty administrators like Continental Warranty offer consumers a wider variety of extended warranties to suit their needs – all without the inevitable dealership markup.

“The extended warranty I purchased through Continental Warranty paid for itself in the first month!” says Aronzo Walton of New York. An extended auto warranty purchased from a consumer-direct warranty administrator provides peace of mind to owners of both new and used cars. Moreover, it is a cost-effective way to enhance the life and value of any car.

About Continental Warranty
Continental Warranty is a leading consumer-direct warranty company that offers comprehensive warranty coverage by established and reputable insurance providers at wholesale prices. For almost twenty years, Continental Warranty has been helping consumers all across the country save money and gain peace-of-mind with affordable extended auto warranties by cutting out the middleman and selling directly to the consumer. Continental Warranty provides broad coverage for most makes, models or budget with value bonuses such as free roadside assistance, car rental, and trip interruption benefits.