The Benefits of an Extended Warranty

October 30th, 2018 by

A decision to buy a new or used vehicle is quite overwhelming at times. You need to decide the budget and the best vehicle that fits it. This can be a daunting task and you may miss some important features. There’s a lot to be contemplated for making the right decision. An extended warranty is one of those factors that you shouldn’t overlook. It covers your vehicle against severe repairs even after the original factory warranty expires. Without any deductible, proper maintenance and repairs will be provided by the dealership if you opt for this warranty. Benefits of choosing an extended warranty coverage include:

Additional Coverage

With every vehicle sold, certified dealerships provide a limited period assured warranty. This warranty is enforced by the manufacturer to cover some specific damages inflicted on the vehicle. Due to its limited coverage defined by the number of years or miles traveled during that period, it is hard to rely completely on this original warranty. It works only if it is valid for a specific issue. This is where an extended warranty provides comprehensive coverage to keep your car protected for a longer time. Even after expiry of the initial warranty, you will get complete coverage for an extended period.

More Cost Savings

Some vehicle repairs can break your bank if you do not have warranty coverage. An extended warranty relieves this financial stress. It covers many necessary expenses that your car may need over time. You do not need to pay anything for these repairs if they are covered by the warranty you buy. All you need to do is pay a small monthly premium amount to avoid potential huge repairs at a later date.

Dependable Customer Support

When you purchase an extended warranty, you will receive complete support and assistance from the knowledgeable staff of the service provider. It proves effective if your car breaks down suddenly in the middle of nowhere. In such circumstances, you don’t need to be an auto expert to understand underlying conditions of your vehicle. Rather, you can call the company to seek their support for dealing with the nearest local mechanic. These executives will explain the issue properly and remain connected until it gets rectified.

Emergency Backup

During emergencies like engine failure or transmission problems, it can be hard to get back on the road immediately. Towing itself can be an extremely costly service. However, if you have an extended warranty coverage, you’ll be covered for all these expenses. It assures an extensive coverage for expenses made on hotel stays and rental vehicles to drop you at the desired destination. The certified dealership will ensure immediate solutions for the issue that led to the emergency breakdown.

Resale Value

Apart from other benefits, the extended warranty also increases the resale value of your vehicle. If you want to sell this vehicle for buying the latest model, you’ll get a higher price if your vehicle is backed by this coverage. It assures the new buyer that car was maintained with the utmost care and timely repairs to avoid potential severe damages.

This warranty comes with a lot of perks for the car owner. Ponder these reasons to help you make an informed decision.

 

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