Used car extended warranty?

Question

can i buy used car extended warranty for a 2005 hyundai tiburon and make monthly payments on it or include it on my back loan after i have bought my car? If so wich is the best warrenty?

Answer 1

It depends on the seller, most direct sellers (you might receive phone calls/post cards stating your warranty is going to expire and to call them or press 2..) will have a payment plan.

Talk to your lender and see if they sell coverage. If they do they may be willing to add it to the vehicle loan.  The contract is usually included in the loan when the lender is originally financing the vehicle. It is completely up to them if they want to add it now.

You will get a cheaper price if you purchase through a local credit union or personal auto insurance agent. Dealers and direct sellers will add quite a bit of commission.  This doesnt mean the coverage is any worse or any better and alot of the times its the same coverage.

Answer 2

You can't get a bank loan on an warranty.

Answer 3

Why, Hyundai's have a 100,000 mile factory warranty.

No to answer your question.

Answer 4

Yea, you can either go to the dealer or just search for warranty companies and just buy it yourself. It's usually cheaper if you do it away from the dealer as they will probably give you the most expensive coverage and basically that's where dealers make their money. Check this site out they have some good info and will give you quotes on different coverages. http://www.ez-warranty.com

Answer 5

If you have had the car for an extended period of time, then I would say no on the payments. must be paid up front.