Are you trying to determine if longer warranties are worth the cost? Extended car warranties will protect you from unexpected repair costs and offer coverage that isn’t provided by the original factory warranty.
You might not think that buying an extended warranty on your vehicle is essential. However, once the original factory warranty ends, then you’ll be to cover any costly repair costs.
Here are five reasons why warranties with extended duration are well worth the cost:
Impressive Cost Savings
Many people are unsure if extended warranties on cars are worth the cost, given that they need to be bought separately from the vehicle. Most of the time, you will save significant dollars by purchasing an extended car warranty.
If you drive a high-end car, such as Lexus or BMW, extended warranties could save thousands of dollars on expensive components. A cylinder head replacement for BMW 328i models can cost as much as $11,000, and that’s more than times the cost of extended warranties.
Although vehicles from Ford, Chevrolet, and Toyota may come with less expensive prices, the cost can add up fast when your car’s reliability declines with time, a problem which is made worse when you delay repairs to the future. If you have a brand new Mazda or Toyota that has more than 60.000 miles, the extended warranties are worth the cost.
Peace of Mind
Whatever your situation, whether it’s a new or pre-owned vehicle, extended warranties are an excellent option for those who require additional coverage or aren’t able to afford the cost of unplanned repairs. When a manufacturer warranty expires, it can be challenging to cover the costs of repair, parts replacement, and even labor without the protection of an extended warranty.
For example, a longer-term auto warranty, like one by industry-leading CARCHEX, is a way to eliminate anxiety and helps protect against expensive repairs. Also, it removes the hassle of lengthy paperwork and having to negotiate with mechanics to get the most reasonable cost.
Overlooked Benefits
There are a few less-known ways in which warranties for cars prove their value by helping clients out of stressful circumstances. Assistance for roadside issues, rental vehicle reimbursement towing, trip security, and affordable payments are just some of the benefits you get when you purchase a car warranty from CARCHEX.
Roadside assistance is offered 24/7, So you don’t need to fret about finding the technician or making accommodation in the situation of a mechanical failure.
BENEFITS SUBSTITUTE EXTENDED WARRANTIES ON CARS Worth it
- Affordable payment plans
- 24/7 roadside assistance
- Rental car reimbursement
- Towing requirements
- Protection against trips
- Accommodations and meals
- Transferable plans
Unmatched Flexibility
In contrast to manufacturer warranties, extended car warranties offer the most flexibility.
A third-party warranty allows you to compare to discover the most affordable insurance options.
Greater Resale Value
Most extended car warranties can be transferred for a minimal cost, meaning you can offer the new owner complete protection for your vehicle. Buyers from the individual market may notice additional value to your car because of the service agreement, leading to a higher interest rate and an increase in the overall cost.
What’s covered under an Extended Warranty?
Contrary to your manufacturer’s warranty replacing it with an extended warranty provides extensive protection that lasts for an extended duration.
With certain agreements, you might get wear and tear protection in addition to road hazard coverage, as well as gasket and seal coverage.
All plans include 24/7 roadside assistance, which provides service for rental cars or towing. They also offer accommodation and meals needed following breakdowns that occur more than 100 miles away from home.
Extended Used Car Warranty USA 