Every car buyer wants to get the best value for their money. While you can’t avoid the cost of repairs after you drive your car off the dealership lot, you can take steps beforehand to reduce that expense as much as possible. An extended car warranty is one way to do just that. The warranty is offered by a third-party company and covers any out-of-pocket expenses related to covered repairs after your vehicle’s standard manufacturer warranty expires. Here are five reasons you should get one.
Affordable Payment Plans
When you purchase an extended car warranty from a reputable company, several payment options are available. A good policy will offer you a choice between a monthly payment plan and an all-cash arrangement; some extend the option to include multiple cars.
Regardless of your choice, it will be affordable, granting you access to repairs without delayed payments or increased interest rates.
Covers Accidental Damage and Coverage
Vehicle buyers often overlook the fact that damage caused by accidental causes falls under the coverage of most extended warranties. If your car was damaged in an accident where another driver was at fault, most warranties would cover it. This makes for peace of mind for those who drive their cars daily and worry about incurring damage from others’ mistakes on the road.
Extended warranties also protect against vehicle theft or vandalism. Other coverage includes weather-related conditions like hail damage and unsafe road conditions. As a car owner, you must understand what your extended warranty covers.
It is Easily Customizable to Your Particular Needs
Most extended warranties come with a number of different parts to cover. While each of these parts has its coverage limits, they also have their terms and conditions that you would need to read and understand.
Depending on your type of car, you can tailor your coverage so that it best reflects your insurance needs. For example, if you own a Dodge, you can get Dodge extended warranty to cover your particular car.
Extended Coverage for Maintenance
Most warranties only cover the parts covered by the manufacturer’s warranty, excluding items like tires and windscreens. An extension allows you to purchase additional coverage for these items and actual wear and tear of your car’s parts and bodywork from normal use. You get to save money on maintenance charges.
Enjoy Peace of Mind on High-Mileage Vehicles
This coverage protects against unexpected repair costs for high-mileage vehicles where the manufacturer’s coverage may not extend to extreme wear and tear. The high mileage can lower the value of your car and make it more expensive to repair.
An extension will ensure these vehicles are covered from safety issues to breakdowns, including those related to operating with a damaged part or collision.
When you buy a new car, there are several cost-effective ways to protect your investment. Extended warranties are offered by manufacturers and third-party vendors for a set price. The warranty is an additional period of protection for your car that lasts beyond the standard manufacturer warranty. They are an ideal safeguard for your purchase regardless of the car model. You only need to know what it covers.