National Dealers Warranty has brought together all the MYTHS about extended warranty to help you decide.

 
1. I can only buy an extended warranty from the dealer that sold me the car.
2. I should just buy the cheapest coverage since all extended warranty coverage plans are the same.
3. I have double coverage for my vehicle if I purchase an extended warranty immediately, while the manufacturer’s warranty is still valid.
4. If I have an extended warranty plan, there is no need for me to worry about my car.
5. My dealer does not accept any extended warranties, and I cannot get my vehicle repaired.

It is rare that any dealership will not accept any extended warranties. Many dealerships make their money through their repair services. The advantage the dealerships have by accepting outside extended warranty is that they will be paid immediately after the repair is completed, they don’t have to worry about a lot of paperwork, and that they do not have to wait for reimbursement. As well, most importantly, you will have your vehicle back and will not have to worry about finding a way to cover the cost of the repairs. If a dealership does not accept the extended warranty coverage, there may be some other issues at play in the dealership, and you may want to consider your relationship with the dealership.

6. I have to purchase an extended warranty so that I can qualify for dealer financing.
   
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