With a used car warranty you can save big, BUT?
When you get a used car warranty you generally buy piece of mind, and I always recommend that you do to limit your loses. A Warranty can be a life saver if something goes wrong with the vehicle or a nightmare when you find that the warranty company is shady and wont cover your repair.Do not let this scare you because I am going to break down the numbers in a way that will provide you with comfort in buying a vehicle. Lets start with the price of a warranty that would cover that kind of repair that you buy from the dealer, the dealer is a reseller for the warranty company and tacks on a profit. The higher the price of the warranty the more valuable the customer thinks it to be. If the warranty company sells the warranty for $350.00 and the dealer tacks on get ready for this $1,500.00 you have a $1,850.00 ticket item for a warranty. Now what are the major things we can expect to go wrong with the vehicle: *Engine *Transmission *A/C unit
These are the three most expensive repairs you could possibly receive with an average cost of repair that range from $700 - $1,500 now when you know the worst that can happen its easy to fix. So if you know that the worst then the mystery of what if is over and you can relax and buy the car. So even if you get a warranty or not the reality is the cost is the same.
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