We have a profound love for our cars. Our cars take us everywhere we go, and we rely on them for day-to-day life. However, some cars are more reliable than others, and some may cost thousands more to repair than others.
Vehicle repairs are something owners just have to deal with, especially after your factory warranty expires. Thankfully, an extended auto warranty can help cover these costs for consumers who have less-than-reliable cars.
If you have a less-than-reliable car, here are 4 reasons you should consider purchasing an extended auto warranty.
No Budget Surprises
No matter how reliable you think your car may be, there is always a chance of a large and expensive repair that will need to be carried out. Modern cars are also extremely complex and feature extensive computing technology. This means that not only is there an increase in the likelihood of these parts breaking, but that they will require expensive repairs conducted by trained technicians.
Forgot to change your oil? An engine replacement can cost you $4,000 in parts alone, with tens of hours of labor costs, which can easily go over $100 an hour. Most consumers budget themselves strictly and may not have the ability to cover the cost of an expensive repair. Thankfully, an extended auto warranty policy can help cover any costs associated with expensive.
Increased Sales Value
Extended auto warranties are oftentimes transferable to the new vehicle owner. It can make a used car much easier to sell if you can guarantee that the new owner will not have to pay for any repairs out of pocket. Depending on the auto warranty provider, you may be charged a small fee to transfer the warranty over to the new vehicle’s owner.
An extended auto warranty policy can also help you get other car-related perks. For instance, many providers offer 24/7 roadside assistance for free.
Auto warranty companies are also known to provide additional perks such as rental car benefits, free towing services, and much more. This can help you be sure that no matter when and where your vehicle breaks down, you will always have coverage.
Like other consumers, many of us that need an auto warranty are “gas and go” consumers who never maintain their car besides filling up on gas. With an extended auto warranty, you won’t have to worry about the small and large services your car needs to run its best. When purchasing a car warranty, you are fully protected while driving.
Finding an auto warranty that best fits your needs can help you save thousands in unexpected repair costs. Extended warranty plans are extremely affordable and can be a great investment for those who have sunk thousands into car repairs. An extended vehicle warranty can give you peace of mind when driving, knowing that any repair, no matter how large or small, will be fully paid for by the warranty provider.