Saturday, July 10, 2010

Financial Benefits of Extended Auto Warranty

In addition to protecting the vehicle while you own it, another great benefit of an extended warranty contract is the increase in your vehicle's resale value. Buying a used vehicle always involves some risk for the buyer. A car or truck that has been under warranty continuously offers the buyer an assurance that the vehicle was well maintained.

They at least know that the seller had no reason to ignore or hide any potential or existing problems. And, any warranty that is still intact can usually be transferred to the new owner adding to their peace of mind and increasing the value of your vehicle.

So, remember to ask the company’s representative if the warranty plan is transferable before you buy and then be sure to actually read the contract once you receive it to make sure that the transferability is listed. All of Auto Service Warranty’s contract are transferable.