Your vehicle is an investment in your future. It takes you where you need to go as you pursue your dreams. Autos are often seen as status symbols and they are usually a sign of independence for teen drivers and young adults. They give us the freedom to go almost anywhere that we want to go.
Regular maintenance is important to help keep your car running for as long as possible. Oil changes, tire rotations and fluid checks are just some of the routine tasks that should be performed every several months. Replacing tires, windshield wipers, and other parts are necessary expenses for peak performance.
One thing that car buyers should consider are warranties. Warranties usually cover basic maintenance items from top to bottom over the period of about three to five years or so. They are a great option for first-time car buyers or people who don’t have the time or aptitude to perform basic car maintenance and repairs by themselves. There are also extended car warranties that are available on new and used vehicles.
Car warranties can vary by car make, model and manufacturer. There are many companies that offer car warranties. Here’s a guide to the most reputable extended car warranty companies. Take some time to read through the terms and coverage options carefully before signing any paperwork. This can help you be prepared for any out of pocket costs that may not be covered by the warranty.
Extended car warranties can be a good option for many car buyers. Here are some advantages that they provide:
1. They cover repairs that can be expensive.
One of the main reasons why people buy extended car warranties are that they cover repairs and replacement of parts and technology. System failures can be difficult to diagnose for those who are not proficient with the latest automotive sensors and related equipment. Such repairs can be costly in terms of both time and money. Having an extended warranty protects car buyers from having to shell out big bucks for these expenses. They can rest easy, knowing that such problems are covered and will be repaired correctly by qualified professional technicians.
2. Extended warranties can be customized to meet your needs.
Another advantage of having an extended warranty is that you can usually choose what services are going to be covered. You could opt for roadside assistance, additional bumper to bumper protection or a longer time for powertrain warranty coverage, for example. These are just some services that you can opt for. If you’re planning to keep your car in the family for a decade or more, choosing more services to extend the vehicle’s useful life can be very beneficial.
3. Dealerships handle the processing and paperwork.
Most dealerships that offer extended warranties strive to make such transactions as hassle-free as possible for their customers. This means that the dealership takes care of the paperwork and processing any scheduled maintenance or repairs. The car manufacturer pays the dealership, and not the consumer, for any repairs or recall work. Such warranties usually allow car owners to have repairs and maintenance done at any dealership that sells the same car brands and works with original equipment manufacturers.
4. It’s an affordable option for car leases.
If you decide to lease your car instead of buying it outright, the extended warranty will usually roll over into your existing loan. You won’t need to shell out additional dollars up front for the warranty or any repairs or maintenance issues that may occur. This can be an affordable option for people who only plan on having their current vehicle for a certain number of years.
5. An extended warranty provides peace of mind.
Many car owners start to worry about having to pay for expensive repairs in the event of an accident or when parts break down after the original manufacturer warranty expires. Buying an extended warranty can alleviate most of the worry and stress. It gives both new and used car owners the satisfaction of knowing that such issues will be repaired in a timely manner without having to take out a loan or seek alternative ways to fund such repairs.
These are just some benefits to having an extended warranty for your vehicle. Such warranties can be expensive, but they can pay for themselves in time in terms of regular use and upkeep. You may never need to use it, but it’s good to have when you need it. An extended car warranty removes a lot of the worry and guesswork when something goes wrong with your vehicle. It allows you to go on living your life and continuing to make progress towards your goals and dreams.