Everything You Need to Know about Certified Pre Owned Deductibles

When it comes to certified pre owned manufacturer warranties for a vehicle, buyers are getting the absolute best guarantees for a used car or truck. A good manufacturer's warranty certification program covers all kinds of repairs, and ensures that the vehicle was subjected to thorough testing to meet the manufacturer's standards for quality even in a pre owned condition. The deductible is a basic limitation of a certified pre owned warranty.

Deductibles

All that a car owner has to know about a deductible is that it is an amount that the buyer must pay before a warranty program kicks in. The buyer who participates in the program simply has to know what the deductible amount is, and when it is applicable.

Finding Your Deductible

Many certified used car programs do not include a deductible. The manufacturer covers all costs. Some programs do include a deductible, usually in the 50 to 100 dollar range per visit. Check out a detailed breakdown of your manufacturer's certified pre owned warranty program to see if a deductible applies, and how much it is. You can then factor this cost into each visit you make to have your vehicle repaired.

A deductible is not a major loophole that allows a manufacturer to opt out of a warranty contract. It is a set charge, much like a copay in a health insurance agreement. Buyers should not be afraid of a small deductible on a certified pre owned warranty. Just factor it into your overall cost, and you'll see that in many cases, the auto maker will end up picking up the majority of the tab.