Gone are the days when we had to purchase car warranty agreements from our local car dealership. Many of the best deals are now available online and could save you up to 50%, according to leading industry analysts.
The transformation in the UK warranty market has been taking place quite rapidly and yet can still hardly be described as being a revolution. The prices offered by leading companies have been falling at quite a rate, though consumers have been slow to pick up on the best deals.
One reason for this has been that car owners have been unaware of the various bargains that are now available. Car retailers have dominated the sector for so long that many of us have just assumed that they are still the people to buy from.
The reality is that such retailers may not be offering the best prices. Indeed, some consumers are surprised to learn that showrooms and car supermarkets are sometimes acting as little more than middlemen.
As in any industry where there are middlemen present, there's a danger that they can add to prices, rather than enabling customers to save money.
The answer to this problem is undoubtedly to try to cut out the middleman and make a direct approach to those who offer the warranty policies in the first place.
Such an approach is now possible, thanks to the presence of many specialist warranty companies online. The lower costs involved in trading on the internet have meant that many of them have been able to reduce the prices that customers are asked to pay.
It's clear that there are real possibilities here to make substantial savings. The websites frequently allow you to receive free, no obligation quotes.
This means that you can compare policies and prices. By gaining as much information as possible, you can put yourself in a position to make an informed decision and get a great deal.
Why pay more than you need to?
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