Where to buy an extended warranty for a used car.
Have a used car? Thinking about purchasing one but not sure where to buy the warranty for your used car? You have a few options for buying an extended warranty for a used car in Canada.
- Buying from the dealership
You will likely be offered an extended warranty when you purchase a vehicle from the dealership. There are several things to consider when thinking about buying an extended warranty at the dealership. This can be an expensive way of buying extended warranty coverage for your used car because of the layers of commissions built-in. You should also consider who the actual warranty provider is. You may like your dealership but is that who will be approving any warranty claims? In most cases, it isn’t.
The finance office may also suggest the cost of an 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. Even if you do end up paying in monthly installments, it’s clearer to see the total price first, and then you can decide if you want to pay it upfront or monthly. It can be confusing and unclear without the total price, and you could end up paying more than you expected.
- Buying online
Instead of going through the dealer, you can now go online directly with Obvi.ca.
Buying a warranty for a used car 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 to know exactly what they are paying for, so we strive to be transparent and have an easy-to-understand policy.
Going online doesn’t mean you have to sacrifice customer service. Obvi strives to bring you some of the best customer service by making experts available through online chat, phone, and email, whichever is most convenient for you. Obvi is also with you from purchase to claims, so you always know who you are dealing with.
Should I buy a warranty for my used car?
You might want to consider several things when deciding whether to buy an extended warranty for your used car.
1) How old is your vehicle?
Manufacturer’s warranties generally cover the first 3 – 5 years of a vehicle’s life, so you should check your make and model’s coverage first. Not every vehicle on the road is eligible for an extended warranty when it is used, so be sure to check the various coverage options available.
2) Is your car used?
Used cars are more affordable to purchase, but you may not know how the previous owner treated the vehicle. For example, was the vehicle always properly maintained? What kind of driver were they? You may find an extended warranty worth it because you cannot predict when you might need expensive car repairs, and if the price and coverage are reasonable, you can be covered for a long time.
3) Do you worry about the cost of car repairs?
The cost of car repairs can be a big issue, and having a sudden and unexpected bill could put you in a difficult financial situation. If this is a concern, then an extended warranty policy might be for you.
Find out more on our extended warranty or get an instant quote.