The basic problem for many of us when buying policies has been that there seems to be a lack of choice. The leading sellers of warranty policies have often been car retailers, such as car dealerships and car supermarkets.
Car retailers have had such a large share of the market that many consumers have not been aware that there are other alternatives available.
This has led to a situation where many of us do not really shop around when buying car warranties. After all, what is the point of shopping around when there are so few options available.
Our failure to research the situation has actually made things worse, allowing car retailers to charge relatively high prices for the products.
Some experts estimate that warranties purchased from car retailers could often be purchased for up to 50% less elsewhere.
How should we go about finding these cheaper deals?
The answer often lies with independent car warranty companies. These specialists are providers of the warranties but have, until recently, frequently concentrated their efforts on selling the policies direct to car retailers.
The situation has gradually started to change, with independent vehicle warranty specialists realising that consumers are interested in dealing with them directly, particularly if it leads to lower prices.
In response to this demand, warranty specialists are now selling policies direct to consumers online.
This means greater transparency and the possibility of lower prices.
If you want to get the best car warranty deal then you should consider comparing prices before you buy. Shopping around could save you a lot of money. extended vehicle warranty