The Importance of Warranties When Buying a Specialty Car
If you're looking to buy a specialty car that you know you can't afford to fix really or there's no way you're gonna work on it yourself, making sure the car is either certified or has a factory warranty still in place is crucial if you're going to keep the car for a little while longer. Most people don't talk about aftermarket warranties, but it's essential to know that buying an extended warranty while the car is still under factory coverage can save you money in the long run. However, most people may not realize that buying an aftermarket warranty can actually cost more than just buying the car with a warranty from the start. This means that if you're looking to save some money and get the car cheap while it's out of warranty, you may end up spending more on the aftermarket warranty.
On the other hand, having a warranty on a specialty car can increase its resale value significantly. If someone knows their ass is covered by the warranty, they're less likely to worry about using it, but the next person who buys the car will definitely be worried, and that's a big deal. This means that you'll get more money for your car when you sell it, especially on the private party market.
It's also essential to make sure you're not buying a car that you can't get an aftermarket warranty on. Some manufacturers, like Porsche, Lotus, Lamborghini, and Ferrari, have exclusions that prevent them from providing warranties on certain models. If you wouldn't have done your research beforehand, you might end up being out of luck when it comes to getting a warranty for your car.
The cost of an aftermarket warranty can vary greatly depending on the manufacturer and model of the car. However, most manufacturers offer affordable options that are accepted by local dealerships and shops. It's essential to check the prices and exclusions before making a purchase. Additionally, you should also find out whether the dealership or shop will honor the warranty and what kind of support they provide in case of any issues.
Another important aspect to consider when buying a used car is its accident history. There are various services available that can tell you about the car's past accidents, such as Carfax and Auto Check. While these services may not pick up everything, they can give you an idea of what to look out for. When shopping for a car, it's essential to request all the necessary information from the seller, but part of your job is also to take the car for an inspection before buying it.
Most good mechanical shops and body shops can tell you within minutes if the car has been resprayed or in a serious accident by looking for signs such as poor welding, replacement of bumper beams, crash support beams, and changes in paint. It's easy to spot these signs with a basic understanding of how cars are made and maintained. If you don't know anything about the car's history, it's always best to take it to a body shop for an inspection.
It's also worth noting that many times, cars come from the factory with mismatched bumpers, metal paint, or other parts that don't match perfectly. In these cases, having a bumper replaced can improve the overall appearance of the car. While this may not be a cause for concern, it's always good to know what to look out for when inspecting a used car.
Overall, buying a specialty car requires careful research and consideration of various factors, including warranties, accident history, and maintenance costs. By doing your due diligence, you can avoid costly surprises down the road and enjoy owning your dream car for years to come.
"WEBVTTKind: captionsLanguage: enwarrantees well if you're looking at buying a specialty car that you know you can't afford to fix really or there's no way you're gonna work on it yourself making sure the car is either certified or it has a factory warranty still in place is really important if you're gonna keep the car a little bit longer the other thing the other part about that is most people don't talk about is aftermarket warranties if you know you want an extended warranty it is so much cheaper to buy those while the cars still under factory coverage so if you're looking to save some money and get the car cheap while it's out of warranty and I'll just buy an aftermarket you know what you're probably gonna spend more money on that aftermarket warranty than if you would have just bought the car with a warranty to begin with so it's something to know the second important thing about having a warranty on a specialty car aftermarket or whatever is it increases its resale value you're gonna get more money for it especially on the private party market if somebody knows their ass is covered and that's something you know you may not have to use the warranty but the next person will and that's a big deal the next part is is making sure that you're not buying a car that you can't get an aftermarket warranty on so I get mine through USAA which gets you know is provided by assurance what it doesn't matter they actually have exclusions that say they will not give you an aftermarket warranty on a Porsche on a Lotus a Lamborghini Ferrari there's a couple other models as well so if I would have bought that and not done the research I would have been out of luck but I looked beforehand and that's one of the reasons why I got a BMW is because I knew I could get an aftermarket warranty for it and it was affordable and I didn't have to dick with it and here's a little bit of a look at how much it costs to cover the m3 and I bought it with a factory warranty and you can see that these prices are extremely affordable and the local dealerships honor them they recommend them and my local shops will also accept them that's another thing to look at when you're looking at an aftermarket warranty will your local shops use them and will they at you about them not covering certain things the next thing to talk about with buying a used car in cars in general is accidents how do you know the accident history now there's services out there that will tell you there's various different websites like Carfax every new everybody knows Carfax because it's the most marketed company out there though the thing is is it doesn't pick up everything it's not gonna totally save your ass that's why other companies have popped up like Auto Check which is by Experian and depending on your state it picks up a lot more than CARFAX so it's almost like when you're shopping for a car you're gonna either request that the seller gives you all of these different types of information but that's not enough part of your job is to take the car for an inspection before you buy it in most good mechanical shops and body shops will be able to tell you within minutes if it's been resprayed or in a serious serious accident by looking for poor welding or welding in general replacement of bumper beams crash support beams and it's easy to tell with paint on a lot of cars because there's meters that you can check the actual millimeters or the actual depth of the clear coat if it's been resprayed a lot of times you can tell just by the orange peel on the paint from panel to panel if it's totally different chances are it was resprayed but if you don't know anything about it all you have to do is take it to a body shop I mean it's like a ten minute thing or a regular automotive shop can tell you really quick now I wouldn't be worried about things like bumpers and plastic that's being replaced because a lot of times cars come from a factory where the bumpers don't match the actual paint the metal paint or the other body panels very well so having a bumper replaced as long as the fitments good a lot of times the paint match can be better don't be freaked out by bumpers but if you start getting into core supports radiators bat airbag deployments yeah you might want to even you might want to worry about that a little bit more or just request a bigger discount on the car altogether youwarrantees well if you're looking at buying a specialty car that you know you can't afford to fix really or there's no way you're gonna work on it yourself making sure the car is either certified or it has a factory warranty still in place is really important if you're gonna keep the car a little bit longer the other thing the other part about that is most people don't talk about is aftermarket warranties if you know you want an extended warranty it is so much cheaper to buy those while the cars still under factory coverage so if you're looking to save some money and get the car cheap while it's out of warranty and I'll just buy an aftermarket you know what you're probably gonna spend more money on that aftermarket warranty than if you would have just bought the car with a warranty to begin with so it's something to know the second important thing about having a warranty on a specialty car aftermarket or whatever is it increases its resale value you're gonna get more money for it especially on the private party market if somebody knows their ass is covered and that's something you know you may not have to use the warranty but the next person will and that's a big deal the next part is is making sure that you're not buying a car that you can't get an aftermarket warranty on so I get mine through USAA which gets you know is provided by assurance what it doesn't matter they actually have exclusions that say they will not give you an aftermarket warranty on a Porsche on a Lotus a Lamborghini Ferrari there's a couple other models as well so if I would have bought that and not done the research I would have been out of luck but I looked beforehand and that's one of the reasons why I got a BMW is because I knew I could get an aftermarket warranty for it and it was affordable and I didn't have to dick with it and here's a little bit of a look at how much it costs to cover the m3 and I bought it with a factory warranty and you can see that these prices are extremely affordable and the local dealerships honor them they recommend them and my local shops will also accept them that's another thing to look at when you're looking at an aftermarket warranty will your local shops use them and will they at you about them not covering certain things the next thing to talk about with buying a used car in cars in general is accidents how do you know the accident history now there's services out there that will tell you there's various different websites like Carfax every new everybody knows Carfax because it's the most marketed company out there though the thing is is it doesn't pick up everything it's not gonna totally save your ass that's why other companies have popped up like Auto Check which is by Experian and depending on your state it picks up a lot more than CARFAX so it's almost like when you're shopping for a car you're gonna either request that the seller gives you all of these different types of information but that's not enough part of your job is to take the car for an inspection before you buy it in most good mechanical shops and body shops will be able to tell you within minutes if it's been resprayed or in a serious serious accident by looking for poor welding or welding in general replacement of bumper beams crash support beams and it's easy to tell with paint on a lot of cars because there's meters that you can check the actual millimeters or the actual depth of the clear coat if it's been resprayed a lot of times you can tell just by the orange peel on the paint from panel to panel if it's totally different chances are it was resprayed but if you don't know anything about it all you have to do is take it to a body shop I mean it's like a ten minute thing or a regular automotive shop can tell you really quick now I wouldn't be worried about things like bumpers and plastic that's being replaced because a lot of times cars come from a factory where the bumpers don't match the actual paint the metal paint or the other body panels very well so having a bumper replaced as long as the fitments good a lot of times the paint match can be better don't be freaked out by bumpers but if you start getting into core supports radiators bat airbag deployments yeah you might want to even you might want to worry about that a little bit more or just request a bigger discount on the car altogether you\n"