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July 2019

How to purchase extended auto warranty

How to purchase extended auto warrantyHow to purchase extended auto warranty

Traditionally, extended auto warranty was only available for purchase from the dealership. Products such as extended auto warranty and gap insurance are discussed particularly in the finance office once you have decided to go ahead and purchase your vehicle. However, how to purchase extended auto warranty has changed in Canada as Obvi has brought the process online meaning a fairer price for customers. Here we explain the differences between buying from the dealership and going direct online.

Buying from the dealership

There are several things to think about when being offered extended warranty at the dealership. This can be an expensive method of purchasing extended warranty coverage because of the layers of commissions built in. It is also important to consider who the actual warranty provider is. Is your dealership the one who will be approving any warranty claims? In almost all cases it isn’t.

It might also be suggested in the finance office that extended warranty is rolled into your monthly payments. This can hide the total cost of the warranty and mean you are not paying a fair price. There is nothing wrong with paying in monthly installments as long as you have clearly seen the total price first and then you can decide if you want to pay it upfront or monthly. Without the total price, it can be confusing and unclear, and you could end up paying more than you expected.

Buying online

Instead of going through the dealer, you can now go online direct with Obvi.ca.

Buying extended auto warranty online means several things; you can take time to do your research, you don’t have sales pressure because you can do it online from home, and you get a fairer price by cutting out multiple layers of sales commission. Obvi understands that consumers deserve a fair price, and they also deserve to understand exactly what they are paying for, which is why we strive to be transparent and have an easy-to-understand, simply worded policy.

How is buying online different?

Although you might be told otherwise at the dealership, buying online is not any different in terms of customer service. In fact, Obvi’s excellent customer service stands out as a cut above other providers and you can speak to an expert via our online chat, by giving us a call or sending us an email. By going online with Obvi, not only has how to purchase extended auto warranty improved, but you can also be reassured that we will be with you for the entire purchase to claim process.

If you have questions about how to purchase extended auto warranty online with Obvi, contact us or get an instant quote.

Extended Car Warranty What Does It Cover

extended warranty what does it cover

Extended Car Warranty – what does it cover?

What is extended car warranty and what does it cover are some of the most common questions we are asked here at Obvi. Been given a detailed policy but still don’t know what the small print means? We’ve had the same experience. That’s why we decided to completely change the way that extended warranty and gap insurance were sold in Western Canada, making the process better for Canadian consumers.

At Obvi, we understand that it can be confusing to sift through pages and pages of policy information with complicated jargon, when all you really want is the facts written in the clearest possible way. That’s why Obvi has a no jargon policy written in simple terms, and an easy to understand exclusion list; if it’s not excluded, it’s included.

What is extended car warranty?

When you purchase a new vehicle, it will come with a manufacturer’s warranty which typically lasts for between 3-5 years. Extended car warranty is something you can choose whether to purchase or not, and can come in different forms, see previous blog explaining the differences.

The main reason why people buy extended warranty is so that they save money and don’t have to worry about sudden expensive car repairs. For some drivers, having large car repair bills can be too much of a strain on their finances. For others, they just want to save money and have peace of mind in knowing that they are covered.

Extended car warranty: what does it cover?

Depending on where you purchase your extended warranty from, the policy may slightly vary with what is included or excluded.

The main components that Obvi covers are;

  • Engine
  • Transmission
  • Steering
  • Drive Axles
  • Suspension
  • Brakes
  • Heating / Cooling
  • High-tech
  • Electrical

To find out more and see excluded components, check out our Warranty Brochure. We also explain in the brochure why certain components are excluded.

Obvi’s Extended Car Warranty

Why is Obvi’s extended car warranty the best option in Western Canada?

  • We cut out the middleman, meaning you save up to 70% compared to buying from the dealership
  • We keep everything simple and easy to understand
  • Our customer service is excellent – you can call us or chat with one of our live agents on our website
  • We are with you through the whole process, so if you have a claim, we will also handle your claims
  • There is no sales pressure – by going online, you can take your time and do your research. We won’t pressure you into making a purchase

Find out more about Obvi’s extended car warranty and get a free quote.

Guest Blog: Factors to Consider When Buying a Used Car

Factors to Consider When Buying a Used Car

A pre-owned vehicle can be a smart option when you want to purchase a decent ride without breaking the bank. New vehicles depreciate very quickly; according to wheels.ca, in the first few years of ownership, it can be more than a dollar an hour that gets pumped out of the car. 

Factors to Consider When Buying a Used Car

While used cars are a sensible option, there are still many things you need to consider before making a decision. The process can be confusing and stressful at times. Fortunately, you don’t need to be a car expert to get a good deal. Here’s what to pay attention to when buying a used vehicle.

The History of the Vehicle

One of the first steps of buying a used vehicle is learning its history. When purchasing a c, the dealer or owner may not provide you with all the information about the car. A VIN(vehicle identification number) check uncovers critical details about the car’s past and enables you to spot any red flags. 

A full VIN report helps you to know whether the vehicle has been involved in any accidents, has ever been extensively damaged, has a junk title, has changed hands many times before or it was recently recalled due to safety issues. The information revealed by a VIN check has the potential to sway your purchasing decision. Sites like VINCheck.info offer free, fast, and reliable online VIN lookup services.

The Exterior and Interior Condition

The outward appearance of a vehicle can tell you much about its condition. To get the perfect view, park the car on level ground. This will help you to see whether all parts are even and no side is sagging. On the exterior, start by inspecting the paint for dents and bends as they may indicate traumas that the car has previously suffered. Also check the tires, trunk, the exhaust, and the hood for signs of rust or any form of damage.

The next step is to check the interior of the vehicle. Sit on the driver’s seat and look at all dashboard components to ensure they are functioning. Also, ensure all the seats are adjustable. Check around for tears on the upholstery, and test the air conditioning, lights, wipers, and signals. To further protect yourself, bring along a certified mechanic to check whether the car is mechanically sound, as noted in The Guardian.    

The Results of a Test Drive

If the exterior and interior of the car are perfect, the next step is to go for a test drive. If possible, do the test drive in conditions that reflect those of your day-to-day driving. Preferably a busy road where you can test all the vehicle’s components in a real-life situation. Take note of how long the car takes to start, the effectiveness of the brakes, strange noises, vibrations, burning smells, and how the car responds to different actions. 

The Warranty

Factors to Consider When Buying a Used CarSome drivers view pre-owned cars as unpredictable, and decide they would like an extended  warranty in case they have car repairs. It helps lighten future financial burdens when your vehicle needs repair, as noted in a Forbes article. Find out more about extended warranty online in Canada with Obvi or get an instant quote

Final Thoughts

When scouting for a pre-owned vehicle, it’s essential you take your time and equip yourself with the right information. Start by checking the car’s history, performing a detailed inspection, and taking a test drive. These steps will help you decide whether to pull off with the deal, negotiate, or walk away.

Best GAP Insurance Canada

best GAP insurance canada

Best GAP Insurance Canada

You may have heard of products such as GAP insurance or extended auto warranty the last time you purchased a vehicle or insurance. However, if you don’t deal with them frequently it can be confusing understanding how the coverage works and what options are available.

GAP (short for guaranteed asset protection) insurance pays the difference between your remaining car loan balance and the settlement amount (the “gap”) from your auto insurance provider if your vehicle is considered a write off. Long-term loans, elevated interest rates, high vehicle prices, and negative equity rollovers mean most vehicle owners carry a loan much higher than the value of their car, truck, or SUV.

GAP insurance is often sold at the car dealership when you are purchasing a vehicle. You can make a one-off payment or it is more likely that you are encouraged to roll GAP insurance into your monthly payments. Obvi.ca has made GAP insurance available for online purchase in Western Canada, which is why we think Obvi has the best GAP insurance in Canada.

What are some negatives of how GAP insurance is traditionally sold?

Confusing policies – Some policies are difficult to read, with deliberately complicated terminology, misleading marketing, and complicated clauses. Obvi has tried hard to create easy-to-understand policies written in simple English so you aren’t left confused.

High price – Buying from the dealership can be expensive. Obvi cuts out the middleman meaning no dealer commission. Going direct online with Obvi also means you can avoid the difficult sales process. Obvi policies are priced fairly, and you save money.

Rolling into monthly payments – there is nothing wrong with paying monthly (Obvi now offers a 36 month payment plan). However, if you are encouraged to roll gap insurance into your monthly vehicle payments and are NOT given the total cost, then you can end up paying much more than you first realized. Obvi has simple and transparent prices so you can always see the total cost.

Obvi – the best GAP insurance in Canada

Obvi is disrupting the market in Canada by bringing GAP insurance online and in doing so, saving Canadians money. Why is going online with Obvi good for consumers?

  • Purchasing online rather than at the dealership means you can take your time to research and think about your purchase. There is also no sales pressure online so you don’t feel pushed into a decision.
  • You’re busy, why would you want to spend time calling people for quotes, or even going in person to an office? Everything can be done online in minutes, and if you have questions, our live agents are there to help.
  • By going direct, the extra layers of sales commissions can be removed saving you money.
  • With going online, you can review the reputation of the company issuing the policy.

Find out more about Obvi’s GAP insurance and get a free quote.