Buying car warranties online

By: Keith Barrett

There are numerous products that we all buy as part of our daily lives. When it comes to most purchasing decisions, we're prepared to try and seek out the best deal. For example, we might take some time looking at the different options available to us in a supermarket when shopping for food.

The same scene is repeated when buying a whole range of consumer items. Given the relatively high cost of car warranties, it seems surprising that so few people shop around for the best deal.

Understanding why it is that so many UK consumers are paying over the odds for car warranties requires us to take a closer look at the way in which policies are sold.

In general, many people decide to buy warranties from large car retailers, such as dealerships.

The reasoning behind this decision is relatively simple for most of us.

We often choose to purchase warranties from car retailers because we are unaware that there are any other options open to us.

This lack of familiarity with the alternatives leads to further problems. Since car retailers know that few of us shop around, they also know that we are unaware of what constitutes a good deal.

As you can, this lack of knowledge leaves us wide open to paying too much.

There is a chance that this situation can change. A number of independent car warranty specialists are now selling policies direct to car owners online.

This means that there is now far greater transparency. We can compare prices and cover online, allowing us to make a more informed decision.

If you're paying too much for your policy, then you may find that you could make savings online.

car buyer
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 

» More on car buyer