You decide to buy a new car and there’s tons of decisions: paint color, interior, automatic locks, heated seats, navigation system, sunroof, anti-theft system, and the list keeps going.
During the new car buying decision process you always want to choose to purchase an extended auto warranty. Your automobile is most likely your second largest investment that you use on a day-to-day basis. Buying a new car warranty will insure that your vehicle is always in the best mechanical condition and can help you avoid expensive repair bills. A new car warranty can also help improve the resale value.
The decision is whether or not to buy the new car warranty directly from the dealer or a third-party company, like CARCHEX. Here are some reasons why it’s more beneficial for YOU the customer to purchase a new car warranty from a third party such as CARCHEX instead of from the dealer.
Markup: The fact is when you buy a new car warranty from the dealer; consumers pay a 300% markup on extended vehicle warranties. Anything you purchase above the sale price of the car is essentially pure profit for the salesperson.
Non-Bias: In an effort to avoid revealing expensive repairs, some unscrupulous dealers will skimp on the diagnostic tests. If you buy a new car warranty from a third party this eliminates any partiality.
Convenience: If you purchase a new car warranty from a third-party, they use a wider range of repair shops, so you aren’t stuck finding dealerships.
No-pressure: Some car salesman at dealerships use tactics like telling customers, “You have to buy a extended vehicle warranty today or you can’t ever get one.” This is false and just a way to pressure you into signing on the dotted line for a new car warranty and increasing the salesperson’s commission.
Reputation: Sometimes dealerships say the new car warranty is through the manufacturer but in fact is through another company whose reputation could be questionable. When going through a third party, you know exactly who you are dealing with when purchasing a new car warranty and can check out their BBB rating and affiliates.
CARCHEX is endorsed by the nations most trusted mechanic, Pat Goss from the PBS automotive series MotorWeek and Goss’ Garage and NASCARS favorite driver, Dale Earnhardt, Jr. and we have an A+ rating with the Better Business Bureau. So make the decision we promise you won’t regret – trust CARCHEX for your new car warranty.