Why You Should Invest In Extended Warranties

You should consider investing in extended warranties for several reasons. Heres taking a closer look at the same.

By Carandbike Team

1 mins read

Published on November 29, 2021

Highlights

You should consider investing in extended warranty plans above all else.
They come with several benefits for customers.
However, not everything is covered under these warranties.

Warranties are standard offerings available with every car, indicating that the company will be replacing faulty components whenever required. There are various types of warranty options on offer. However, what is the best way out once the warranty expires? You will have to get hold of a good extended warranty plan. Purchasing extended warranties is very important, especially for those looking to use the car for a long period of time, outstripping the regular warranty. You can purchase your extended warranty via your authorized dealership. There are several offers available. You should ideally purchase the extended warranty after the expiry of your standard warranty. This extended warranty covers electrical damages and the engine although it does not offer coverage for regular parts under wear and tear. The labor costs are also majorly covered, which means that complex repairs will often be absolutely free of cost. However, extended warranties do not cover everything, i.e. you cannot expect this to cover the general car servicing including regular parts like clutch, brake pads, suspension setup and other electrical components. Servicing the vehicle outside any authorized service centre, the addition of aftermarket components and modifications of the electronic components, scratches on the paint, accidental, flood or similar damages and all will not be covered. Why you should invest in the same Purchasing an extended warranty is always good if you are looking at owning the car for a longer duration. Agreed, some issues and components may not be covered, although you will get a lot more bang for your buck. Sometimes it may cost a slightly high amount although it may save you a lot of money in the future as well. Hence, opting for an extended warranty is always a smart move on your part, something that you should always keep in mind above all else. This will be a form of security for car owners, especially after the standard warranty expires from the car manufacturer. Keep all these aspects carefully in mind while choosing whether or not to go for the extended warranty.