A revolution is currently occurring in the world of car warranties. Prices are dropping and the industry is becoming more transparent. If you are willing to shop around then you could make substantial savings on extended warranties.
Many people feel that warranty policies have often been over-priced. Part of the problem has been that there have been relatively few options when buying a policy.
This is a market that has been dominated by car dealerships, car supermarkets and other car retailers. Such is the dominance of these companies within the sector that few of us have even been aware that there were alternative products available.
Our lack of awareness has actually increased the problem. As a result, car retailers have been able to price the products at relatively high levels, safe in the knowledge that few of us are prepared to shop around and compare prices.
Many people feel that warranty policies have often been over-priced. Part of the problem has been that there have been relatively few options when buying a policy.
This is a market that has been dominated by car dealerships, car supermarkets and other car retailers. Such is the dominance of these companies within the sector that few of us have even been aware that there were alternative products available.
Our lack of awareness has actually increased the problem. As a result, car retailers have been able to price the products at relatively high levels, safe in the knowledge that few of us are prepared to shop around and compare prices.