It is difficult to anticipate when your car will require repairs. There are instances when your car requires repairs, which are quite costly and you may not be able to cater for the costs. It is important to get an extended vehicle warranty to cover your car against costly unforeseen repairs.
An extended vehicle warranty works similar to a vehicle’s initial auto warranty. It is however thought of more as an insurance policy than a car warranty. They do cover a car’s repair costs during a given period of time and to a given extent similar to initial auto warranties. They are however purchased separately and are not included in the cost of a car as with initial car warranties. Extended warranties can be purchased at the same instance when a car is being bought or at a later date. These warranties can also be purchased to cover used cars. It is wise to know what to expect from an extended vehicle warranty in order to make an informed decision before purchasing one.
The extent to which the warranty will cover your repair costs is very important when deciding to purchase one. It would be wise to consider whether the car you have will require repairs according to track records. If you hold an initial auto warranty it may sufficiently cover your car’s maintenance and getting an extended vehicle warranty may not be necessary. However, if your car requires constant repairs and is not comprehensively covered by the initial auto warranty, then it would be wise to get an extended warranty. It is better to think of an extended warranty as a precaution taken to protect your vehicle and your finances from future costly repair requirements. You may end up not needing the warranty but it is always better to be on the safe side.
A vehicle extended warranty may require the repairs to be undertaken by the dealer who sells it or the vehicle manufacturer. Manufacturer extended warranties are usually weightier and safer. In the instance that the dealer is to undertake the repairs it is hard to determine whether the dealer will still be operating when your vehicle requires repairs. It is therefore important to opt for a manufacturers extended warranty if possible. Manufacturer warranties usually come with recommendations, which the car owner is to follower, failure to which may render the extended warranty void. The period which the warranty covers your car should be important especially if you do not plan on keeping the car for a long time.