Over the years, one question comes up more than any other: “Jerry, how do I save money on extended coverage while getting a plan that’s right for my car?”
The truth is, most folks overpay simply because they’re not shown any alternatives. Coverage is offered at the end of a long dealership visit, the numbers are rushed through, and drivers sign because they’re tired and ready to go home. I’ve seen this pattern for decades.
Here are the steps I always share with listeners when they want good coverage at a fair price.
We compare insurance online, we compare flights online, and we shop for cars online. There’s no reason extended coverage should be any different. Chaiz is the first marketplace that lets you compare mechanical breakdown protection the same way. You see real plans, real providers, and real prices without sitting through a sales pitch.
Dealerships often sell plans that are the same as third-party plans you can find online. The difference is the markup. I’ve seen contracts sold for double the price simply because drivers didn’t know they could shop around.
Before you sign anything in the finance office, take a few minutes to check what the same level of coverage costs elsewhere. It’s going to save you hundreds, sometimes even more!
A lot of folks are surprised to learn this, but if you’re paying too much for your current extended coverage, you can cancel it. Dealers and administrators are required to offer prorated refunds. You can take that refund and move into a more affordable plan that fits your budget and driving habits.
It’s one of the easiest ways to save money, and most drivers never hear about it.
If you want to see what extended coverage should cost for your car, take a look at www.chaiz.com/carpro. Choose to move forward and use the promo code CARPRO to take another $100 off your plan.
Car protection should never weigh you down. It should be the thing that reminds you that you’ll be alright when the unexpected happens.
All the best on the road,
Jerry Reynolds
The CarPro