Extended Car Warranties: An Expensive Gamble

Most of the new car buyers have a question that Extended Car Warranties are an Expensive Gamble or not. They have also some doubts they should purchase an extended warranty for their new car or not.

For getting rid of this confusion, we are providing some basic information about the Extended auto warranty. Like what an extended auto warranty and its benefits?

An extended auto warranty is just like an insurance policy on your car, it protects you from unseen expensive repair costs in the future even after the expiry of the original factory warranty of your vehicle.

It is also known as an extended service agreement, vehicle service agreement or a service contract.

If you get an Extended warranty, it will give a soothing of your mind. You will have not any type of stress about your foreseen car repairing. The extended warranties also help the customers to repair their car in their budget. It works as a security against the huge expenses on repairing and save the customer from any type of financial stress.

In addition to repairing facilities, sometimes extended auto warranties also offer many other services like lost-key services, towing, car rental discounts and trip advantages. These services help the customers against unexpected expenses when they are somewhere else and their car suddenly stops working.

Universal Protection Extended Auto Warranty

But when you are availing of the extended auto warranties, you will have to take care of your extended warranties facilities. Because not all the auto warranties are the same, they may be different from each other.

So, always take a look at the exclusions section to determine which facilities are covered or not by your extended auto warranty.

Sometimes warranties are moveable to the one customer to the others. It gives the benefits to both the buyer or seller, it increases the resale value, and it also gives security to future customers. The transfer charges of the extended warranty are not so high.

If you don’t want to spend too much and can’t tolerate the high amount of repairing bills of your own vehicle then extended auto warranties will be proved a panacea for your peace of mind and expensive repair bills. It will help you to keep your vehicle in warranty after the factory warranty of your vehicle.

All the Extended auto warranties have their own term and conditions like other insurance policies. It depends on the prices and your needs. So, whenever you are going to take an extended auto warranty for your vehicle. First of all, review your factory warranty then choose an extended warranty according to your budget and your vehicle’s needs.

We offer several types of extended auto warranties plans. Some are exclusionary and some are inclusionary. With the help of an Exclusionary contract, you can get benefits of other items that are excluded from your warranty coverage. But in the Inclusionary contract, you can only get the benefits of listed items in your extended warranty contract.