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The Benefits of An Extended Warranty
The process of buying a car can be stressful at times due to so many considerations that require your attention. Apart from price, features and specifications, you need to ponder over factors like the warranty as well. Most vehicles come with a limited warranty that expires after some time. Extended coverage can be purchased from a certified dealership to keep your vehicle safe even after this initial warranty ceases to exist. There are many benefits of an extended warranty.
Peace of Mind Guaranteed
After a hassled process, you want to enjoy a pleasant experience of driving your car. Although the initial warranty keeps you covered in the first few years, it has a limited scope. However, an extended warranty has extensive coverage to provide protection against any unexpected repairs required by your vehicle. It assures complete peace of mind even if your car suffers from an unexpected breakdown. The coverage plan includes towing charges, your hotel stay and cost of getting you back on the road in a rental vehicle.
Comprehensive Coverage for the Vehicle
Assured protection of an extended warranty comes with comprehensive coverage. Unlike the original Limited Warranty that expires after a few years, this warranty remains effective for a longer period. It may differ from one provider to another in terms of coverage and features. Whenever your car needs expensive repairs after the expiry of the original warranty, you can rely on the extended coverage to keep your car in the best condition. The coverage is extensive to include major and minor repairs. It also includes repairs for engine or transmission failures.
Better Resale Value
When selling your car after several years of usage, you should try to get the best return on your investment. An extended warranty assures better resale value. It implies that the vehicle was protected with proper coverage with timely repairs and maintenance. A well-maintained car always fetches a higher price even in the used car segment. The transferability of an extended warranty is easier if you choose to buy from a certified dealership.
Proper Customer Support System
With a vehicle purchase, you receive reliable customer support from the certified dealership. If you buy extended coverage from a third-party provider, you should choose a company that provides this support system. It proves effective whenever an emergency breakdown happens. Even if you lack technical knowledge about your vehicle, you can guide a mechanic for proper repairs. The knowledgeable staff of the provider equips you with information related to basic conditions of your car and steps to be taken for its repairs.
Save More Money
The cost of ownership is a major factor in your car-buying decision. You should look to lower it by opting for extended warranty coverage. It helps save a lot of your money on potential repairs needed over time. If a serious engine failure occurs, it can drain a lot of your money. However, an extended warranty can save this expenditure for a small monthly premium to be paid by you.
With these benefits, extended warranty coverage keeps your car protected in a proper shape for a longer time.