Warranties that cost less

By: Keith Barrett

When I last visited a local car dealership to get an extended warranty deal, I was somewhat surprised by the price that was quoted. I wondered why policy prices seemed so high, given that the actual service offered was relatively simple.

It seemed to me that a warranty agreement should cost considerably less, particularly considering the relatively low cost involved in supplying such a policy.

Rather than purchasing the product offered by the car retailer, I decided to investigate. My aim was to see why prices were so high and whether there might be better deals available.

Looking at the history of car warranty, it soon became clear that I wasn't the only person to buy warranties from car dealerships.

Indeed, such companies seemed to be the dominant force within the sector.

It took me a while to realise that car retailers often act as middlemen. In effect, they are frequently selling policies on behalf of someone else.

As with many industries, it seemed to me that the best way to get an improved deal would be to cut out the middleman. The key appeared to be to speak to independent car warranty specialists direct.

It's at this point that I noticed that things have started to change. There's a quiet revolution going on. Maybe you've missed it, just as I had.

Looking online, it soon became clear that independent warranty providers were available on the internet. They were all looking to sell to people like me and were often selling at considerably lower prices than I'd been used to.

The problem was that their advertising budgets were so low by comparison to the car retailers. The reality was that they weren't being noticed by consumers.

If you've not noticed them before then now might be the right time to take a look.

You could make some considerable savings.

Car Warranties
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