You probably have heard advertisements for these warranties. While most auto manufacturers offer something like 3 years and 36,000 miles, others offer 10 years and 100,000 miles. How do they do it? The short answer is, they don’t. The 10 year warranty is a completely different product, and it has strict limits. Let’s look at [...]
If you are looking for information about an extended vehicle protection plan (sometimes referred to as a “car warranty”) then you might some hear opinions advising against these plans. Unfortunately, most of these arguments don’t consider all the factors involved. Let’s answer these doubts one-by-one. Probability Of Using The Plan There are a lot of [...]
Imagine that halfway through an enjoyable road trip, you decide to stop for the night at a hotel. Then disaster hits as the next morning your car won’t start. Stuck in the middle of nowhere, what can you do? Well, if you have trip interruption coverage included an auto warranty, most or all of your [...]
How many miles should a used car have and still be considered reliable? An average of 12,000 miles per year is the norm, but some models are especially durable. To get the best deal it is important to verify the mileage as well. Let’s find out more. When The Factory Warranty Expires Most factory warranties [...]
In many ways, it pays to buy used. However, when buying a used car from a private seller there are important things to remember. The most important is knowing how to avoid dishonest vendors. Vehicle Not Always What It Seems To Be Some used car scam artists will find junk cars and fix them up [...]
One way to save on car costs is to increase your car insurance deductible. But is this always a good idea? Deciding on your deductible depends mostly on two types of risk: financial and driving. Let’s find out more. What Is It? If you already know what a deductible is, then you can skip this [...]
If you are a first time car owner, there is a good chance you financed your vehicle purchase through a car dealership. Depending on the deal you signed, you might be paying thousands of dollars more each year than you have to. Let’s find out how auto refinancing can save you money. Lack Of Experience [...]
In today’s tight economy people are holding onto their cars longer. If you have a car loan on an older vehicle, you might be wondering if lenders will refinance cars like yours. Let’s find out. Are You Upside Down? Every car has a market value. If the amount you owe on your current auto loan [...]
When it comes to purchasing a used car, everyone has personal preferences regarding vehicle features and benefits. Some of the top thoughts on used car shopper’s minds are: gas consumption, cost to own (mechanical and parts costs), reliability factor of the make/model, safety rating, and potential resale value. But the biggest concern is often the [...]
Refinancing your car or truck loan can save you money under the right circumstances. Before you refinance, it is important to educate yourself about loan concepts and terminology. Here is a comprehensive look at the vehicle refinancing process. At the end of this article there is a glossary that helps explain important refinancing terminology. Refinance [...]
