| Home | Free Articles for Your Site | Submit an Article | Advertise | Link to Us | Search | Contact Us |
This site is an archive of old articles


vertical line

Buying An Automotive Extended Service Contract

Should You Buy An Automotive Extended Service Contract?

The decision to purchase an extended service contract or mechanical break down policy as they are sometimes called is a decision that has many variables. Depending on the age of the vehicle, the usage, how long do you plan on keeping the vehicle for are just a few questions that need to be considered.

If you look online, some of these so called guruís who write scam pieces will tell youóDonít Buyóitís a scam. I whole heartily disagree with their opinions, I question if they have real world knowledge and experience to begin with. If they did, then I firmly believe their opinion would be other wise.

The scam comes when you are charged outrageous and inflated prices for an extended service contract, they are not cheap to begin with, but those who exasperate the cost are the ones who are taking advantage of unsuspecting consumers. Or perhaps even requiring you to purchase as a condition of buying the vehicle, you should never be forced to buy under any circumstances.

With automotive repair labor rates ranging easily up to $100.00 per hour or more, it doesnít take a huge repair to cost you major bucks, and with the electronics and technologies of todayís automobiles, parts prices are equally as expensive.

During my 26 years in the automotive service industry, I can recall countless and numerous times where customers wished that they had purchased, and those that did were glad they made such a sound financial decision.

Consider the following examples of repair cost:

Air Conditioner Repairs can easily cost $1500.00 for compressor replacements.
Transmission Overhaul or Replacements--$3000.00
Water Pump replacements--$600.00
Power Steering Pumps and Steering Gears--$600-$2000.00

However, donít be mislead into believing a mechanical break down policy covers every nut and bolt on the vehicle, there are variables and different kinds of policies as well. Some cover seals and gaskets, wear and tear items, consequential damages etc and others donít. Be aware of what it does and does not cover before buying, this will save you a lot of grief in the event you have a mechanical failure.

It is a major decision, and one that requires weighing the advantages and disadvantages.

My personal and professional opinion is that if you are going to use the vehicle on a daily basis, you plan on keeping for 2 years or more after the original factory warranty has expired, then you should purchase the extra protection.

It is after all, like an insurance policy, you hope that you donít have to use it, but it will give you some peace of mind in the event that you have to have an expensive repair.

Submitted by:

Jerry Christopher

Jerry Christopher - owner http://www.usedcarwise.com with over 26 years in the automotive service industry, offers a unique and innovative approach teaching you how to buy a used car the smart way.





ARTICLE CATEGORIES

Auto and Trucks
Business and Finance
Computers and Internet
Education
Family
Finances
Food and Drink
Gadgets and Gizmos
Health
Hobbies
Home Improvement
Humor
Kids and Teens
Legal
Marketing
Men
Music and Movies
Online Business
Parenting
Pets and Animals
Politics and Government
Recreation and Sports
Relationships
Religion and Faith
Self Improvement
Site Promotion
Travel and Leisure
Web Development
Women
Writing



http://www.articlesurfing.org/auto_and_trucks/buying_an_automotive_extended_service_contract.html
Copyright © 1995-2016 Photius Coutsoukis (All Rights Reserved).