Why Should You Get an Extended Warranty?

The rising prices on new and used cars means that more people are keeping their current vehicles longer. Some manufacturers are responding to this consumer trend by extending warranties beyond the basic three years/30,000 miles. However, this still doesn’t help when it comes to the increased wear and tear that today’s car owners face.

Getting an extended warranty may help you avoid the cost of a major repair, which often won’t be needed until long after the original warranty runs out. They can be purchased for new or used cars, and most dealerships offer a choice in coverage. The flexibility and longer protection may also give you peace of mind.

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Is There Any Reason Not To?

That depends on a couple of things:
How much risk are you willing to accept?
How much you’ll be able to pay out of pocket for a major repair.
An extended warranty is like insurance in that you might think you’re paying for something you may never use. There are also limits put on even the most robust warranty. You might only be able to use certain repair shops or be limited in your choice of parts or systems.

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There’s a lot of fine print to read before you commit to any type of contract. Before you decide on whether to purchase a new or used car warranty, answer these questions:

• How long do you plan to keep your car?
• What type of driving do you do?
• How many miles do you usually put on a vehicle?
• What is the cost versus the possible benefits?

Cars are more technologically advanced than ever before. This means even the simplest repairs could end up costing you a lot. Don’t forget, a basic manufacturer warranty likely won’t cover normal repairs for things such as brakes, tires, or batteries. An extended warranty, however, can.

If you’re looking to save money as a car owner, get more information about Extended Warranties here.

You’ve picked out your new car purchase and secured the auto financing, and now the keys are jingling in your hand. You can’t wait to take your new toy home and be the envy of your cul-de-sac.

But then, a chill trickles down your spine: What if it breaks down? Will the factory warranty cover it? Will you be able to afford extra repair costs? The horror!

Even the most reliable cars can run into unexpected problems. While factory warranties may provide basic protection, the right extended car warranty can cover a wider range of repairs, malfunctions, and replacements. This will turn a potential auto emergency into a minor inconvenience.

Don’t Overlook the Value of an Extended Warranty

Some drivers scoff at the idea of an extended warranty. They assume that their factory warranty will provide all the protection they need.

However, factory warranties usually expire within three years or 36,000 miles, and they may not provide the full coverage your car needs. Savvy car owners know that most major repairs generally occur when a car is several years old and has spent a lot of time on the road — usually long after the manufacturer’s warranty has expired.

Learn How to Save Up To 60% on Auto Repairs

A car extended warranty can help bridge the gap and give you peace of mind. You’ll know that your new car purchase is well protected.

The “Hidden” Benefits of Extended Warranties

Protect your budget: There are few things more stressful or disruptive to your life than having your car suddenly break down. An extended warranty safeguards your budget against surprise repair costs, providing financial peace of mind when you most need it.

Enjoy your car for longer: Modern cars can be expected to last longer than 100,000 miles — well beyond the typical 36,000-mile factory warranty. An extended warranty will help keep your car financially protected well into the future.

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Cover more complex problems: As automotive technology continues to evolve, car repairs are becoming more complex, and costs are continuing to rise. The risk of a costly breakdown can be daunting for a new car buyer, but an extended warranty can help ensure that your car keeps running smoothly when you need it.

Improve your car’s value: Extended warranties often increase the resale value of your car. Not only are many warranties transferable to a new owner, but they can also give a prospective buyer confidence that your car has been well-maintained over the years.

Keep Your Car on the Road With the Right Warranty

Car repairs always seem to pop up at the worst time — like when you least expect it and have minimal savings. For example, a transmission repair or an engine replacement can cost several thousand dollars.

Luckily, your car’s extended warranty has your unexpected repair costs covered without adding extra stress to your budget. You can rest easy knowing that you’ll be back on the road in no time.

Protect Yourself with Extended Auto Coverage

Give yourself the gift of peace of mind today, and find an extended auto warranty that can protect your new car purchase for years to come.