Thornhill, Ontario – (May 03, 2012) – The internet has revolutionized how we shop for cars, allowing consumers to take control of the car buying process to save money. Whether comparing features and prices of various auto makes and models, arranging for car loan financing and insurance, to ordering a new car or purchasing a pre-owned vehicle online, consumers can now find the best deals using the internet.
An essential auto product consumers should also research when purchasing a car is an extended car warranty. “Warranties are sold by many dealerships but when buying a vehicle privately on web sites, such as Kijiji, Lease Busters and Auto Trader, extended warranties are usually not offered as part of the sale,” says Shadi Jarjoura, director of sales for Ensurall, Canada’s only online direct to consumer auto warranty provider.
By cutting out the middleman and selling directly to consumers, Ensurall is able to sell comprehensive and extended warranty contracts that are competitive with those sold by car dealerships and other warranty providers at a huge discount of up to 60% less. A diverse range of extended auto warranties are available – from specific component coverage, such as Powertrain, to complete bumper-to-bumper coverage.
As part of the car buying process when deciding to buy a new or pre-owned car, consumers can easily request a quote for an extended warranty on Ensurall’s web site. In addition, consumers should also research the history of the vehicle, whether buying online or from a dealership. “This is especially important when buying a pre-owned vehicle to make sure you aren’t buying a lemon, to find out if the vehicle has been properly maintained, or if it’s been involved in an accident,” advises Jarjoura.
Consumers intending to buy pre-owned vehicles can access this essential information at www.carproof.com, Canada’s leader in providing car history reports. Services range in price from $34.95 to $64.95 for the most comprehensive report of a vehicle’s past.
November 9, 2011 Shadi
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J.D. Power and Associates released its Annual Survey of the Most Dependable Vehicles. J.D. Power surveyed the owners of 2008 model year vehicles, and asked the participants to report back on problems they experience with their vehicles over a 3 year period. The problems included, excessive wind noise, noisy brakes, vehicle pulling to the left or right, issues with the instrument panel/dashboard, and excessive window fogging. J.D. Power concluded, for the first time, Fords’s Lincoln Brand is the most dependable vehicle by their standards.
Speaking with the President of The Veri-Cheque Group of Companies, Ronald Renwick, regarding the J.D. Power & Associates Report, Mr. Renwick finds the report interesting but, “the devil is in the details” says Renwick, “as a warranty provider our main interest is in whether a transmission or brake calipers will hold up beyond the manufacturer’s initial warranty period, not so much if there is excessive noise in the cabin at high speeds. Although this type of measure can give you an indication of a vehicles overall engineering quality–if the radiator has a history of breaking down– this is much more important to us, than cabin noise.” Over the last 10 Years Ensurall and its partner divisions, have sold many tens of thousands of contracts on just about every make and model vehicle available in North America. A huge amount of information is gleaned from this extensive experience, including which components on what makes or models have the greatest tendency to break down, as well as which components in what makes or models are the most expensive to fix– both in terms of dealership labour rates, and cost of replacement parts. Renwick explains, if you want his best advice regarding vehicle reliability an examination of Ensurall’s prices for different makes and models is his best indication.
Below is a comparison of Chrysler, Ford, General Motors, Honda, Hyundai/Kia, Nissan, and Toyota makes. We compared 5 categories of cars from each fleet, compacts, full sized sedans, mini-vans, SUVs and pick-up trucks. We used the actuarial pricing of a 5 Year/105,000 KM Ensurall Essential Warranty on 2008 model year vehicles with 60,000 KM on each vehicle for our test.
Ensurall’s Reliability List:
1.) Toyota: Narrowly edges out Honda for our top spot. Toyota has no star performers, however has no real weak spots either. Consistently reliable across all their models. Warranties on these vehicles are the most affordable.
2.) Honda: Would have scored better, but the Honda Pilot brought Honda’s overall score down a bit. In every category except SUV the Honda is as good or outperformed the other makes. Honda’s SUVs were tied with Ford’s SUV line-up.
3.) Kia/Hyundai: Korean makes have made giant strides in the area of dependability and reliability. The newer the model the more reliable. **Note: Do not have Truck line-ups.
4.) Nissan: Japanese cars are great balance of reliability and low cost for repairs. Nissan is close behind the top three spots.
5.) GM: Historically a large gap existed between US and Japanese makes but GM is best among American makes, and making strides to get better. GM’s compact models perform almost as well as the Japanese makes.
5.) Ford: Consistently mediocre. American cars generally have a higher failure rate, however “cost per repair” are lower, and therefore warranty prices are still very economical.
6.) Chrysler: In the Sedan category Chrysler is better than Ford otherwise they bring up the
rear in all vehicle categories.
How to shop for an extended car warranty. Make sure you do your homework, not all vehicle warranties are the same. Here are some key questions to ask before signing up for warranty coverage.
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