Now that you’ve determined that a warranty for your used car is a smart decision, which company should you buy one from? When considering a used car warranty (or in warranty speak, a ‘vehicle service contract’) for your vehicle, there are many factors to consider to ensure you get the most value for your money; such as cost, convenience, trustworthiness and flexibility. So before you sign that contract, set aside the time and consider the following:
It’s smart to find a company that will allow you to have flexibility in how you pay for the warranty. If you are able to pay for the entire policy up front, your overall cost should be less. And if your budget dictates that you pay over time, make sure the company you select only charges a nominal fee for the convenience.
Convenience / Freedom to Select Any Licensed Repair Facility
You should be able to select any licensed repair facility or dealership you prefer. Avoid policies that require you to take your car to an approved list of providers, especially if they’re limited in your area.
Don’t Pay for the Repairs Yourself
You want to find a company that will deal with the repair facility directly on all authorization and payment. Outside of any deductible, you should never have to ‘front’ the money out of your pocket for repairs, and then wait to be reimbursed by your warranty provider. Some companies, like Trustmark Warranty, will handle all aspects of the repair and payment for you. You simply drop your car off at the repair facility and pick it up when it’s ready.
Do you really know who is backing your auto warranty? Will they be around for the duration of your policy? Do your homework and research the company behind the policy. The Better Business Bureau (BBB) is a reputable source to help people find trustworthy businesses. Select a company with an A+ rating, like Trustmark Warranty, and you can then feel confident that your repairs will be covered now and in the long-term.
You should also consider whether or not the warranty can be transferred to another owner if you decide to sell your car. If it’s only valid when you own the car, that’s a distinct disadvantage. You’re locked in. However, if you can transfer the warranty to whomever buys your car, you now have a distinct selling advantage over other cars of like make and model on the market! Trustmark Warranty allows you to transfer the warranty, should you decide to sell you car before the term is up.
If you need help choosing a used car warranty and exploring the options available, contact Trustmark Warranty at 1-855-355-2343 or visit TrustmarkWarranty.com. They offer a variety of vehicle protection plans to meet every customer’s auto warranty needs and budget.