There have been a lot of car warranty scams out there over the last 10 years, but most of them have been sniffed out and are no longer in operation.  But all along there have been reputable automobile warranty companies that have been offering excellent service for affordable monthly rates. 

Even if your car is practically brand new, it’s a good idea to get an extended warranty with it.  Why?  Well, first of all the sooner you get one of these warranties the cheaper it will be, and it will also cover parts on your car or truck that the manufacturer does not cover.  It’s true.  Just check the small print on your manufacturer’s warranty.   With extended vehicle protection you can get free 24/7 road side assistance, towing, and even car rental for as long as your car is in the shop.  With some of the extended packages you can even get protection on gaskets, seals, tires, and other wear and tear parts.

You can choose the repair location.  Say there is a mechanic in town that you really trust.  Chances are you can just use that mechanic rather than drive all the way to the dealership to get the problem with your car taken care of.  Not all warranty companies offer this, but the good ones like Warranty Direct and Carchex do.  And I advise everyone to always stick with the big companies that have been around for a while and stood the test of time. 

There are payment options for your warranty.  You will usually need to pay a down payment first and then you can just pay in small increments after that.  Paying over a 6, 12, or 18 month period of time makes it easier than ever to keep your automobile protected.

You can cancel your warranty at any time.  Unlike cell phone plans, with a car warranty you are no locked in for an extended period of time.  You can cancel whenever you feel like it, and there should not be any cancelation fee either.  Some companies even offer a 30 Money Back Guarantee if you decide to cancel your policy within the first 30 days. 

You can transfer your policy to someone else at any time.  This is really helpful if you will be selling or giving your car away.  It’s much easier to sell a car that comes with its own warranty, so the buyer has a little more peace of mind with the purchase.  You should always list this benefit when putting an ad in the paper or online for selling the vehicle.

As you can see, there are many great benefits to owning an extended warranty on your used car or truck.  You can get a free quote on a used car warranty here, where Phillip is a writer for www.ExtendedCarWarrantys.com