The Surprising Truth About Extended Warranties
This Much-Maligned Car Purchase Add-On Has Hidden Merits
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.