ADVANTAGES OF FACTORY-BACKED GM EXTENDED WARRANTIES

For decades, franchise dealerships have been offering buyers factory-backed extended warranties for their vehicles. These factory extended warranty plans provide added security against unexpected repair costs that can cripple your budget. Until recently, buyers could only purchase a factory-backed warranty at their local dealership. While the prices for factory extended warranties are more expensive than…

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SELL YOUR CAR FASTER BY TRANSFERRING YOUR USED CAR WARRANTY

Are you having trouble selling your automobile? If you purchased an aftermarket used car warranty, you should be aware that you can transfer it to a new owner for a small fee, usually around $50. This can make a great difference in a potential buyer’s perception of the value of your vehicle. An extended warranty vehicle insures…

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DOES BUYING A CAR EXTENDED WARRANTY REALLY INCREASE YOUR RESALE VALUE?

You often hear that purchasing auto extended warranties will increase the resale value of your vehicle. Is this another “sales pitch” from overzealous salespeople, or is there some truth behind this claim? Based on my 20+ years of experience working with and around the auto service contract industry, I believe there is. Here’s why; Transferring…

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