Posted by NewBuyer on December 10, 2009 | No Comments
A comprehensive glossary of extended auto warranty industry terms. The alphabetical listing provides detailed definitions for terms such as bumper-to-bumper, corrosion warranty, diagnostics, exclusionary policy, powertrain coverage, repair facility and more. A defintion of a re-insurer from the resource: “Also known as a re-insurance Company. An insurance company that issues a policy to guarantee, or re-insure, the obligations of the extended auto warranty provider.”
Source: Consumer Automotive Research
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Posted by NewBuyer on December 8, 2009 | No Comments
A complete glossary of extended automobile warranty terms. Learn the definitions for phrases such as certified car, corrosion warranty, emissions warranties, mechanical breakdown insurance, power train warranty and more. See additional buying tips for many of the terms.
As an example, the resource defines wear-and-tear: “Wear and tear protection is the highest level of coverage one can purchase. It is a much broader level of coverage than the mechanical breakdown only plans offered elsewhere.”
Source: Warranty Info
Read More About Auto Warranty Terms at Newbuyer.com
Posted by NewBuyer on December 5, 2009 | No Comments
An insightful look at after warranty assistance (AWA) programs offered to loyal auto manufacturer’s customers. Learn about the program’s eligibility requirements and see how payment responsibility is split between the manufacturer, the dealership and the car owner.
From the resource: “Loyalty to an auto dealer could pay off in a situation where you are outside the range of the factory warranty and have been a faithful, dealer-service-oriented customer. You will most likely have to ask to get assistance, but isn’t it worth your time to inquire about the possibility of AWA? The worst that could happen is you are declined assistance.”
Source: Edmunds
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