5 Reasons Why Every Driver Needs Extended Auto Protection

 

Buying an automobile is a significant investment you make that either leaves a dent in your savings or uses up a sizeable chunk in the form of investment. Considering the high prices of cars in the current market, be it used or new, anyone who is looking to purchase a vehicle should consider an extended auto protection plan.

It is a service contract that provides the driver with the protection of their vehicle after their basic warranty expires. The prices of cars are soaring; adding the maintenance cost to that can make it unmanageable if not dealt with smartly. This is where Auto protection programs come in. Users of the plan do not need to worry about repair bills; these contracts promise to pay for specific repairs on your automobile according to the policy coverage. Thus, it would be best if you get extended auto protection for the following reasons:

1- Your Car is Protected Despite Insurance

The way a vehicle protection plan works is by providing protection for repairs even after the factory insurance ends. Many new car insurances are limited by the number of miles or years of ownership. If you want extra coverage that you might have enjoyed through your factory powertrain, this type of extended car warranty is a way to do.

2- It Saves You Money

Why pay costly repairs from your own pocket when you can rely on a company to do it for you? There are times you might not have liquid cash to get your car fixed or for immediate repairs. Having an auto protection plan eliminates that factor. And you will only have to worry about your standard deductible.

3- You Have Coverage Variety

Bumper-to-bumper and powertrain warranties do not let you choose a variety of coverage plans. Third-party plans that have extended warranties can give you more variety and limits on your plan. This makes it easier for you to manage your own savings, personalize your extended warranty to your vehicle and your needs.

4- You Can Extend Your Warranties

If you want to extend the benefits of your factory warranty, you will have to negotiate with the manufacturer. However, having an auto protection warranty can extend the coverage limits of a factory warranty. For example, if a warranty lasts three years, with 36,000 miles, automakers can extend it to five years and make it 60,000 miles.

5- Extended Warranty Increases Resale Value

Deciding to sell your car before the extended auto protection plan ends can transfer the warranty to the new owner for a small fee. The warranty will incentivize the car and give the buyer peace of mind while buying a used vehicle. It is also likely to increase the resale value for the seller.

Comments

Post a Comment

Popular posts from this blog

Advantages of Extended Car Warranty

Image
  Most automobile purchasers are ecstatic to get their hands on a new car and aren't thinking about warranties. However, as experts in this field on the advantages of an extended warranty, it is our goal to assist the buyer in appreciating its worth.  Extended Warranty protects your customer from the cost of unexpected mechanical repairs. If a customer is on the fence about buying these  Auto Warranty Services , show them this list of Extended Car Warranty benefits to persuade them that they shouldn't leave the lot without one! Save Money from Expensive Repair We all know that today's cars are significantly more technologically advanced than those manufactured just five years ago.  In fact, a single-vehicle today has more lines of code than the first rocket to the moon, which is a frightening reality for a new car buyer.  While this is an exciting period for the automotive industry, these technical improvements also bring more complexities and, unfortunately, an
Read more

Will an Extended Car Warranty Save Me Money?

Image
Purchasing an extended auto warranty is a big decision that requires careful consideration of your budget, driving habits, and repair needs. With so many options, terms, and fine print, it can take time to determine if an extended vehicle warranty makes financial sense for you. This article explores the key factors to consider when deciding whether an additional vehicle protection plan is a wise investment that could save you money. We’ll look at the pros and cons, do some math on potential repair costs, and provide tips for getting the best extended warranty coverage at the right price. Let’s dive into the details! What is an Extended Vehicle Warranty? An   extended car warrant y , a vehicle service contract, is an optional protection plan that extends your factory warranty after it expires. Most new cars come with a three-year/36,000-mile manufacturer’s warranty. Once that coverage ends, an extended auto warranty protects you from costly repairs for a specific period or number of add
Read more

Key Factors to Consider When Evaluating Car Extended Warranty Contracts

Image
Here are some key factors to consider when evaluating car extended warranty contracts: Coverage Level The first thing to consider when looking at an extended warranty contract is the level of coverage it provides. Some contracts may only cover major mechanical components, while others may offer more comprehensive coverage that includes items like electronics and interior components. Be sure to read the contract carefully to understand exactly what is covered and what is not. Duration of Coverage The duration of coverage is also an important factor to consider. Some extended warranties may only last for a few years or a certain number of miles, while others may offer coverage for the life of the vehicle. Consider how long you plan to keep your car and choose a warranty that provides coverage for that period of time. Deductible Amount Like insurance policies, extended warranties often require the payment of a deductible when making a claim. Be sure to understand the deductible amount and
Read more