When it comes to owning a vehicle, peace of mind is priceless.
From unexpected repairs to costly breakdowns, the last thing you want is to be hit with a bill you can’t afford. That’s where extended auto warranties come in.
They offer coverage for a predetermined time, giving you peace of mind and financial security when your original warranty has expired
But with so many options available, it can take time to know which is right for you.
This article will compare two of the most popular extended auto warranty companies – American Dream Auto-Protect and Select Auto-Protect.
We will take a closer look at their coverage options, customer service, pricing, and the pros and cons of each company to help you make an informed decision about which one is best for you and your vehicle.
Common Mistakes When Buying an Extended Car Warranty
Here are some of the most frequent blunders to watch out for:
- Need to understand the Coverage: Before buying an extended warranty, ensure you fully understand what it covers. Read the fine print and ask questions if you need clarification. A staggering 55% of extended warranty buyers regret their purchase because they didn’t fully comprehend the coverage.
- Going for the Cheapest Option: While it’s tempting to go for the cheapest option, it’s crucial to consider the reputation of the warranty provider. A low-priced warranty may not provide the coverage you need when you need it.
- Ignoring the Deductible: Like insurance, extended warranties come with a deductible. Make sure you know the deductible and whether it’s a flat fee or a percentage of the repair cost.
- Failing to Shop Around: Don’t jump at the first extended warranty offer you receive. Shop around and compare coverage, deductibles, and pricing from different providers.
- Buying Too Late: Be sure to purchase an extended warranty before your car is on its last legs. Most warranty providers require a certain amount of time or mileage before you can enroll.
Understanding Your Eligibility For an Extended Car Warranty
Are you tired of worrying about unexpected car repairs and their staggering cost?
You are not alone.
A recent survey showed that car owners experience unexpected car troubles that cost them an average of $1,000. But what if you could have peace of mind, knowing that these unexpected expenses are covered?
That’s where extended car warranties come in, offering coverage for repairs after your original manufacturer warranty has expired.
But the question remains, are you eligible for an extended warranty?
Let’s dive into what you need to know to determine your eligibility for an extended car warranty.
- Age and Mileage of Your Car: Most extended warranty providers consider the age and mileage of your car as eligibility criteria. You are likely eligible if your vehicle is less than eight years old and has less than 100,000 miles.
- Car Maintenance Records: Maintaining routine car maintenance is crucial to ensuring your car runs smoothly. Extended warranty providers often consider this and may require proof of regular maintenance to determine eligibility.
- Car Model: Certain car models may not be eligible for extended warranties, so check with your provider to confirm.
- Previous Claims: If you have claimed under your original warranty, it could affect your eligibility for an extended warranty.
By understanding your eligibility for an extended car warranty, you can protect yourself from unexpected repair costs and enjoy peace of mind while on the road. So don’t wait. Check your eligibility today and drive with confidence!
Companies
American Dream Auto Protect
At American Dream Auto Protect we understand the importance of having a reliable vehicle.
That’s why we are dedicated to providing our customers with the best-extended auto warranty coverage. With over 50,000 ASE-certified mechanics nationwide and 24/7 customer service, you can rest assured that we’ve covered you.
Our budget-friendly plans start at just a few dollars a month and come with free months to save money while still protecting your vehicle.
With over a decade of experience in the industry, our team has the knowledge and expertise to provide you with the peace of mind you deserve.
Here, everyone should have access to top-quality auto warranty coverage.
That’s why we offer a wide range of plans that can be customized to meet your specific needs and budget.
With our 4/7 customer service, you can reach out to us anytime, day or night, for assistance. Our team of experts will work with you to resolve any issues you may have so that you can get back on the road as soon as possible.
With our commitment to customer satisfaction and affordable rates, you can trust that you are getting the best value for your money.
Select Auto Protect
Select Auto-Protect is a provider of extended auto warranties in Wilmington, Delaware.
With over 30 years of experience in the industry, they are proud to offer their customers exceptional customer service, peace of mind, and outstanding coverage options.
The goal is to provide you with an affordable solution that protects your vehicle and wallet should the unexpected occur.
The company is also proud to be an ASE-certified repair facility, ensuring its customers receive the highest quality vehicle repairs.
With their 30-day money-back guarantee, you can feel confident and safe.
They understand that life can be unpredictable, so they offer additional services to ensure you always feel secure on the road.
The lockout assistance program is available 24/7 in the event of a lockout.
Plans
American Dream Auto Protect Plans
Introducing the ultimate protection for your vehicle, American Dream Auto Protect’s Extended Auto Warranty Plans!
Platinum
First up, our Platinum Plan is the ultimate in comprehensive coverage.
This plan covers you with engine protection, transmission coverage, cooling system coverage, electrical coverage, drive axle coverage, brakes coverage, fuel delivery coverage, steering coverage, and even your car’s air conditioning and navigation/GPS.
Not only that, but our Platinum Plan also covers seals and gaskets, and suspension coverage.
Gold
Looking for a plan that provides a little less coverage but still gives you peace of mind?
Our Gold Plan is the perfect choice for you!
With engine protection, transmission, cooling system, electrical, drive axle, brakes coverage, fuel delivery, and steering, you will be protected against the most common issues with your vehicle.
Silver
This plan includes coverage for your engine, transmission, cooling system, electrical system, drive axle, brakes, and fuel delivery, giving you peace of mind knowing that you’re protected against the most critical issues.
Protect is your best bet for comprehensive and affordable auto warranty coverage. Don’t wait, get protected today!
Select Auto Protect Plans
Platinum Plan
The platinum plan is a true powerhouse.
It provides coverage for all your vehicle’s essential systems, including the engine, cooling system, brake system, electrical system, drive axle, and transmission.
But that’s not all!
This plan also offers protection for your A/C system, front and back suspension, AWD 4×4, ABS brakes, fuel system, and heating system. With this plan, you can drive confidently, knowing that you are covered in a breakdown.
Gold Plan
Gold plan is the perfect balance of coverage and affordability.
While it doesn’t offer as much coverage as the Platinum plan, it still protects your vehicle.
This plan includes lockout and steering system coverage in addition to the basics, like the engine, transmission, brake system, drive axle, and electrical system.
Silver Plan
The silver plan is perfect for those who want coverage for the bare essentials.
This plan offers coverage for the engine, transmission, brake system, drive axle, and electrical system, so you can rest assured that your vehicle will be protected in case of a breakdown.
A silver plan is an excellent option if you are looking for a budget-friendly plan.
Drive Worry-Free with American Dream Auto Protect
It’s time to say goodbye to the stress and uncertainty that come with car ownership.
American Dream Auto Protect offers you the peace of mind you deserve while on the road. With our extended auto warranty, you’ll never have to worry about unexpected repairs or maintenance costs again.
Our team of experts is dedicated to providing you with the best possible service and protection for your vehicle.
So why wait?
Take advantage of our offer today and start driving with confidence!
Frequently Asked Questions
How does an extended warranty work on a car?
An extended warranty on a car acts as an insurance policy for the vehicle and can provide protection against the cost of unexpected repairs. It usually covers parts and labor, but the exact terms and coverage will depend on the specific contract.
What happens to an extended warranty when you pay off your car?
If a car is paid off, the extended warranty may become void or transferable to the new owner, depending on the terms of the contract. Some extended warranty providers will allow the contract to transfer to a new owner if the car is sold, while others may make the warranty void once the original buyer no longer owns the vehicle.
How much profit is in an extended warranty?
30% repairs, 25% dealer commission, and 10% warranty company administration and profit. The price of an extended warranty is rarely bargained for. New car dealers often mark up their manufacturer’s warranty.
Is it easy to cancel an extended warranty?
Canceling an extended warranty can sometimes be a straightforward process, with providers allowing customers to cancel the contract for a prorated refund. However, the exact process of canceling an extended warranty can vary by provider and the contract terms, so it’s essential to review the details carefully before deciding.
