Yes, you can extend an Ally warranty. Depending on what type of warranty you have, you may be able to purchase an extended service plan for it. An extended service plan will extend the coverage and length of your existing Ally warranty.
Generally, it offers additional coverage against a wider range of vehicle repairs, while also prolonging the amount of time you have to use the warranty. It is important to note that you can extend your Ally warranty beyond the maximum coverage period, but you must do this before the expiration date.
You can either call Ally directly or visit an Ally dealership to purchase an extended service plan.
How long is Ally warranty good for?
Ally’s warranties vary depending on the product you’re purchasing and the state that you’re in, but generally they provide coverage for up to three years or 36,000 miles, whichever comes first. Additionally, select Ally products have a 4-year or 60,000 mile warranty available with purchase.
As always, please read the warranty information carefully to understand the specific coverage details and timeframes that apply to your product.
Who owns Ally extended warranty?
Ally Extended Warranty is owned by Ally Financial Inc. , a leading digital financial services company, which provides financial services to customers across the United States. Ally’s mission is to empower customers to make smarter financial decisions.
Ally provides a full suite of financial services, including banking, auto finance, personal finance, investing and extended warranty protection. Ally Extended Warranty is a product that offers protection for vehicles more than 5 years old and with fewer than 150,000 miles, ranging from powertrain and components coverage to 24/7 roadside assistance.
Ally offers comprehensive coverage, comprehensive repair coverage, and competitive prices to give customers peace of mind and hassle-free service for their vehicles. Ally also offers a convenient online portal to manage their extended warranty protection.
Customers can choose from a variety of coverage plans to meet their individual needs, track service histories, and access experienced customer care representatives. Ally is dedicated to delivering secure, reliable, and customer-focused service.
How do I request an extension on Ally Auto?
If you need more time to make your car loan payment, you can submit a request for an extension through Ally Auto’s online payment platform. Here’s how to make the request:
1. Log in to your Ally Auto account.
2. Go to the Payment Center and select the Make a Payment tab.
3. Change the drop-down menu to “Request an Extension.”
4. Enter your payment amount and the date you’d like to request the extension until.
5. Submit your payment information and the extension request will be reviewed.
Once the request is approved, you will receive confirmation and your new payment due date will be reflected in the Payment Center. It’s important to note that if your request is approved, there may be interest charges applied to the payment amount and you may want to consider setting up automatic payments to make sure that your payments are made on time.
Is it worth it to extend your car warranty?
Whether or not it’s worth it to extend your car warranty is entirely a personal decision that should be based on your specific needs and lifestyle. If you have an older car and repair costs are typically high, or a car that’s prone to having issues, then an extended warranty could save you a significant amount of money on repairs.
On the other hand, if your car is relatively new or you don’t typically travel long distances, then an extended warranty might not be necessary.
When deciding to extend your car warranty, you should also consider the coverage offered. Some extended warranties cover only the basics (engine, transmission, etc. ), while others cover more components and offer more comprehensive coverage.
Additionally, you should check the deductibles, as well as the warranty’s length and cost. Many warranties offer a short-term coverage that can be more affordable than a large, long-term coverage option.
Ultimately, you need to weigh the costs and benefits of extending your car warranty to determine if it’s worth it for you.
What are the disadvantages of an extended warranty?
An extended warranty can seem like an invaluable purchase for many new purchases, providing a long-term solution against malfunctions and other repair-related issues. However, there are some potential disadvantages of purchasing an extended warranty, which may not make it the best choice for every individual.
One of the biggest potential disadvantages of an extended warranty is the cost. Warranty prices can vary greatly depending on the item, the length and type of coverage desired, and the company offering the warranty.
High-end items may require especially expensive extended warranties that may cost more than the repair itself and could end up being a waste of money.
Another potential disadvantage of an extended warranty is that, like all contracts, the coverage offered may be limited and exclude certain damages. In these cases, a customer may be required to pay for the repair even though they paid for an extended warranty and were not properly covered.
Lastly, Consumer Reports and other organizations have cited the fact that many consumers don’t use or even remember they have an extended warranty. This could result in wasted money as the warranty expires, as well as a customer having a sense of false security when making a purchase.
Though extended warranties can be beneficial in certain situations, they may not be the best choice in many cases. It is important to carefully research the particular warranty, the item being warranted, and the company providing the coverage before making a final decision.
Do dealerships make money on extended warranties?
Yes, dealerships do make money on extended warranties. Many dealerships offer extended warranties as an additional product alongside a car purchase. These warranties cost more than the manufacturer’s warranty, but they often offer more coverage for extended periods of time.
Dealerships make money on these extended warranties when a customer pays for them upfront, with the proceeds typically split between the dealership and the extended warranty provider. Dealerships may also offer financing for extended warranty purchases, in which case the dealership may also collect interest payments — although this form of profit may be less significant than the upfront purchase payments.
Additionally, some dealerships may offer extended warranties as part of a service package such as routine maintenance, oil changes, and more — in which case the dealership is likely not making money off of the extended warranty itself, but instead charging a package fee to cover all the services they provide.
Can warranty be extended after it expires?
In some cases, yes it is possible to extend a warranty after it expires. Depending on the manufacturer, some companies offer another set of coverage plans that can extend up to three additional years after the initial warranty expires.
However, this extended warranty may come with additional fees, and it also may not cover all of the same features as the original warranty. Additionally, there may be other exclusions, such as certain parts or components not being covered, that would need to be evaluated prior to purchasing an extended warranty.
It is recommended to contact the manufacturer directly to inquire if they offer post-warranty coverage plans and what they offer.
Is Ally a good long term investment?
Yes, Ally is a good long term investment. Ally offers solid returns on investments, as well as providing access to a range of different investment options such as stocks, bonds, and mutual funds. They also have great customer service and low fees.
Additionally, Ally’s mobile app makes it easy to monitor your investments and make decisions on the go. Finally, there are no account opening or closing fees, which can save you money in the long run.
All of these features, combined with the variety of investment options available, make Ally a strong option for long-term investments.
Is extended warranty a waste of money?
Whether or not an extended warranty is a waste of money ultimately comes down to your own personal preferences and the specifics of the service you’re purchasing. If you have a reliable track record with a particular product, then you may not need or necessarily benefit from an extended warranty.
On the other hand, if you are prone to experiencing issues or malfunctions with this product, an extended warranty could help you save money in the long run by providing extra protection for repairs or replacements.
That said, even if you opt for an extended warranty, be sure to read the details carefully. Some companies will only cover certain parts of the product, while others may have restrictions in place that limit the warranty’s coverage.
Furthermore, understand the timelines associated with the warranty- how long the coverage lasts, how soon any repairs or replacements will be done, and what processes and procedures you need to follow.
In the end, it is up to you to determine if an extended warranty is a wise investment. It certainly can offer peace of mind, but make sure the cost of the warranty is offset by the protection you receive.
What is a downside to purchasing an extended warranty?
One of the biggest downsides to purchasing an extended warranty is that they can be very expensive and cost significantly more than the item itself. They are also typically loaded with exclusions, meaning that if something malfunctions and isn’t listed in the warranty, you likely won’t be covered.
Also, more often than not, an extended warranty isn’t even needed in the first place. Many electronic and appliance items are built to last longer than their manufacturer’s warranty, so an extended warranty may be a complete waste of your money.
Lastly, some extended warranties make it difficult to use them if you ever need to, as there may be hoops you need to jump through in order to be able to submit your request or there may be long wait times for repairs or replacements.
What does Ally car warranty cover?
An Ally car warranty provides coverage for your vehicle’s repair costs due to mechanical breakdowns. It can include coverage for engine components, transmission parts, electrical systems, steering systems, brakes, and air conditioning.
Ally also provides coverage for towing costs should a mechanical breakdown occur, as well as car rental reimbursements if the breakdown makes your vehicle unusable. Ally provides comprehensive coverage, which covers over 7,000 components and in some cases, up to 8 years or 150,000 miles of protection.
They also offer powertrain coverage which covers major components like the engine, transmission, and drivetrain. As an added benefit, Ally car warranties provide repair coverage at any licensed repair shop of your choice and they have 24/7 roadside coverage as well.
What’s not covered under car warranty?
A car warranty typically does not cover damage from an accident, wear and tear, improper maintenance, and modifications made after the purchase of the vehicle. Warranties also don’t cover loss of value, meaning any repairs carried out due to wear and tear will not result in a refund of the original purchase price.
Additionally, warranties typically do not cover damage related to improper operation, such as failing to change the oil, over-revving the engine, ignoring check engine lights, and continuing to drive with a flat tire.
Finally, many warranties do not cover normal maintenance, such as regular oil changes, tire rotations, and replacement of hoses, spark plugs, and wiper blades.
Does warranty cover any damage?
Typically, a warranty will cover any damage that is caused by a manufacturer’s defect. However, it’s important to note that most warranties have specific exclusions and limitations. Commonly excluded are damage caused by misuse, neglect, accident, modification, improper installation, and normal wear-and-tear.
Additionally, some manufacturer’s warranties may not cover damage caused by; shipping, lightning, or any other acts of nature. If any damage is covered by the warranty, in most cases, the manufacturer will repair or replace the item at their discretion, depending on the situation.
Therefore, it’s important to review the terms of the warranty to ensure that damage caused matches the coverage provided.
Does warranty mean repairs are free?
No, a warranty does not necessarily mean that repairs are free. A warranty typically provides protection for a set period of time, usually ranging from one to five years, and covers normal wear and tear on a product, but does not cover all repairs.
Depending on the terms of the warranty, the manufacturer may cover parts and labor for repairs, or may simply cover the replacement of defective parts and require the customer to pay for the labor. In some cases, the warranty may cover labor only if the customer has the product repaired at an authorized service center.
It is important to read through the warranty details carefully to fully understand what is and isn’t covered.