When to Buy

When to Buy; Answers to Common Questions

There are so many questions when purchasing a new or pre-owned vehicle. Here are a few FAQs that may help you to better understand the warranty portion of your purchase.

When is the best time to buy coverage?
A common misconception is that by waiting to purchase extended coverage, you will get coverage for a longer time. Much like life insurance costs rise as we age, the cost for a car warranty will rise as the vehicle ages and accrues mileage. You will be offered the longest terms and the lowest rates for newer vehicles with lower mileage. We understand that you may have a warranty from the manufacturer. Our coverage is simply an extension of that, not double coverage. The manufacturer's warranty has been factored into your price quote. The more factory warranty you have remaining, the lower the cost and greater the length of the warranty extension. In other words, you are paying for tomorrow's coverage at today's rates.

What risks do I have if I delay purchasing coverage?
FACT: The newer your vehicle, the lower the rates for extended coverage.

Coverage costs rise annually as parts and labour costs rise. Labour rates have risen by $20-$30 per hour in the past several years. As the vehicle ages and more repair data becomes available, many vehicles are placed into higher rate classes. Once you buy coverage, your rate class can not change. As the vehicle accrues mileage, it moves into higher rate classes.

The Cost of Waiting
Maybe an extended vehicle warranty seems like a big cost right now. Or, maybe you believe that whatever small things may go wrong with your vehicle, it probably won't cost as much as an extended car warranty plan. The startling truth is that it only takes one expensive system or component to fail in your vehicle to make an extended warranty worth every penny. And, the longer you wait, the higher the costs will be for future repairs, too. The right time to cover your vehicle with an AAP Extended Auto Warranty plan, is now.

How do claims work?
AAP asks that you first contact the dealer who sold you the vehicle. We stress that to obtain the very best repair service that you return the vehicle to the dealer from which it was purchased. This dealership knows the vehicle best and may have even previously worked on it. However, should returning the vehicle to the dealership from where it was purchased is an unreasonable inconvenience, AAP lets you use a repair facility of YOUR choice (dealerships, national chain, etc.) and pays your claim quickly and efficiently over the phone via our corporate credit card. AAP asks that you first contact the dealer who sold you the vehicle to make the arrangements. You simply pay your deductible. We cover parts, labour and even sales tax, if applicable.

Why is AAP the best value?
Because reducing your risk is what it's all about. With others, that is not the case. You are really buying a plan from an unknown third party company. It is that company that you need to research. You may find a lower price but you'll never find a better value. The more you review our offering and know the facts about other cheap online offerings, the less attractive they look. We all know the feeling of getting the cheapest price only to find the product did not deliver as advertised. That may be fine with bargain grocery store items but can you really afford to take risks with a warranty for your car? Our customers tell us they are looking for full comprehensive coverage and benefits.  No other company can match our reputation, comprehensive coverage and outstanding benefits. We continue to lead the industry with such innovations as our 24/7 roadside assistance, and car rental reimbursement which are all part of our insured contract. You won't find a more comprehensive coverage nor a company with a better track record than AAP.