Regular servicing and maintenance will help alleviate these problems, but not entirely. What can you do then, to avoid a potentially expensive fault? A Service or Maintenance Plan will look after specific wear and tear issues but a Car Warranty will ensure that your major car problems are covered financially.
What is a Car Extended Warranty?
First, let's discuss what a Manufacturer's Warranty is. This is an insurance product provided when you purchase a car, which covers any mechanical damage and electrical faults. However, these are only valid for a certain period of time or distance driven. Once the Manufacturer's Warranty expires, you are left with having to cover the costs of faults yourself, and as a car ages, the condition of its parts decline, causing a greater possibility of problems. This is where an Extended Warranty will help you. This is an extension of your warranty to cover specific mechanical and electrical problems.
What are the benefits of an Extended Warranty?
The most noticeable benefit of having an Extended Warranty plan in place is peace of mind. Imagine never having to worry about "what if's"? Imagine knowing that most major problems your car experiences that aren't caused by motor vehicle accidents will be taken care of, both logistically and financially? For a small payment every month you will be covered. What would happen to you if your car was un-drivable? You need never go through the humiliation of asking friends and colleagues for lifts or having to take unreliable and often dangerous public transport.
Another big reward to having an Extended Warranty is the financial relief. Very few people have the financial stability and strength to take care of major problems when they happen. They already pay for their car finance and insurance - how can they save up "just in case" their car suffers a mechanical problem? You won't need to in order to keep your car on the road. Your monthly installments are your financial responsibility, and fixing your car is your service provider's.
Your car will also be in better shape for having an Extended Warranty. You are required to have your vehicle serviced as recommended by the car manufacturer and to look after it well. This will improve and maintain the car's condition. Also, when mechanical errors do occur, leaving them for any period of time is detrimental to your car. The sooner the problem is fixed, the better, especially if a car with a fault is still driven around after the fault has been discovered. This is extremely bad for the condition of the car and will worsen it. Any major faults will be taken care of quickly and efficiently.
The Internet is an excellent place to search for Extended Warranty providers. Usually, you can enter your details into a service provider's website and they will call you and discuss the plan and what your commitments will be. If you don't have an Extended Car Warranty, ask yourself, are you financially prepared for major mechanical damage or electrical faults? If not, one of these plans can provide an affordable and easy way to keep your car on the road, where it should be.
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