Extended Warranties and Certified Used Cars Palestine TX
Monco Motor CO
301 San Augustine Street
Fuel Injection Repair,Radiator Repair,Tune up Repair,Truck Dealers,Auto Dealers
Wolf Ford Mercury
2803 Wilbarger Street
Clutch Repair,Radiator Repair,Truck Dealers,Used Car Dealers,Auto Dealers
Alderson Cadillac BMW Lexus
1210 19th Street
Auto Inspection,Emissions Testing,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers
Land Rover Houston North
18205 Interstate 45 N
Auto Parts,Auto Repair,Clutch Repair,Speedometer Repair,SUV Repair,Used Car Dealers,Auto Dealers
Waco Nissan Inc
5605 Legendlake Parkway
Alignment Repair,Fuel Injection Repair,Radiator Repair,Truck Auto Body,Tune up Repair,Used Car Dealers,Auto Dealers
World Car Buick Pontiac Gmc
3363 Ih 35 South
New Braunfels, TX
Clutch Repair,Radiator Repair,Tune up Repair,Auto Dealers
Wright Buick Pontiac and GMC
1703 South 1st Street
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Auto Dealers
Hanner Chevrolet Pontiac GMC
Interstate 20 & Fm 2047 Road
Alignment Repair,Fuel Injection Repair,Radiator Repair,RV and Camper Repair,Van Dealers,Used Truck Dealers,Auto Dealers
4333 State Highway 16 South
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Roger Williams Auto Mall
1015 Fort Worth Highway
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Extended Warranties and Certified Used Cars
Extended Warranties And Certified Used Cars By Brian Alexander, Content Editor
The line between extended warranties and certified used cars is relatively blurry because both options represent a similar end product to the consumer - a used auto that is covered by a warranty .
After all, one can easily argue that a certified used car is little more than a previously owned car which has passed an inspection and had an extended warranty rolled into the price. But does buying an extended warranty for your used car actually present an equal, if not better, deal?
In most cases, consumers place a high value on certified used cars. A certified used car has undergone a thorough inspection, the manufacturer has signed-off on the car's mechanical condition and has even put the vehicle under a warranty program.
Since it's expensive for manufacturers to bring poorly maintained used cars up to the standards of their certified programs, the typical certified used car will be a low-mileage model with little maintenance history - typically a lease return. Furthermore, the price of a certified used car offers a good value-for-money alternative to an expensive new model.
"Some customers tend to gravitate toward certified used cars because they can get a loaded, warranty-backed used car for the same price as a stripped down, basic new model," says Duane Fiene, General Sales Manager at Saturn of Concord in Concord, CA.
The downside of certified used cars is that, due to their quality mechanical condition and manufacturer-backed warranties, they are sold at a premium over their non-certified counterparts. Additionally, certified used car warranties typically aren't transferrable to future owners, meaning they don't offer much in terms of future resale value. For these reasons, it's easy for consumers to be tempted to purchase a non-certified used car at a bargain price, and then buy an extended warranty for the vehicle.
This is not the best idea for a few reasons, however. By bypassing the manufacturer's inspection, the responsibility of assuring the vehicle's mechanical condition falls solely into the consumer's hands. For most buyers, it's best to rely on an expert and not assume they can ascertain a vehicle's mechanical condition on their own. This is a time-consuming process, and paying for an expert mechanic's inspection time can become expensive, adding to the total vehicle cost.
Furthermore, once a used car has been purchased, the owner must then buy an extended warranty that brings it in line with a certified used car. The problem here is that extended warranties are often not as comprehensive as those tied to certified used cars. For example, the extended warranty may not cover wear and tear items while the certified used car's warranty does.
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