As a car owner, you might have heard about the term extended warranty. And there would be occasions you have been offered an extended warranty of some kind. The question here is, should you consider an extended warranty on a new or used car? Indeed, it depends on a lot of factors. Here are some facts that help you to take the decision is to choose the extended warranty for your car.

What is an extended warranty?

Extended warranties are agreements to cover auto repairs after standard warranties have expired. Some plans include extras, like towing, roadside assistance, or trip interruption protection. They typically will cover your vehicle for a number of years, miles, or both.

Extended Warranties for new cars

If you think about an extended warranty for your new car, you should have an idea of how long you plan to keep the car and how many miles you drive each year. If you hope to keep your car for 10 years and it only comes with a warranty that doesn’t have much coverage on kilometers and years, you might consider extended warranty coverage after your new car warranty expires.

Extended warranties for used Cars

If you’re looking at a car that isn’t reliable in the long run, getting an extended warranty may save you money. You can also get a lot of information about a used car’s future reliability from a pre-purchase inspection by an independent mechanic. They’ll note the problems that the vehicle currently has, as well as issues that they think will cost you money down the road.

Things to consider when choosing an extended warranty plan

Selecting an extended warranty for your car is a complex choice, as every plan covers different things and has a different pricing. The questions you have to ask yourself is, how you will be reimbursed for repairs and how fast, will they work directly with the machine shop or you have to bear the expenses from your pocket and wait for the claim to arrive. Also, check if the warranty is transferable if you decide to sell your car. It increases the resale value of the car with the transfer option.

Do I need an Extended Warranty?

If you feel like to continue the warranty after your car warranty is no longer valid, and are worried about the expenses you might be facing after the warranty expires, then extended warranty is a good choice. Moreover, if it seems that the costly repairs hit your budget, then it is a good option to opt for an extended warranty for your car.

Which company should I prefer to buy?

Owning an extended warranty for your car is worth since it covers you for the extra expenses you would have to spend on the repairs and protect your budget without causalities.

There are providers who sell various extended warranty plans to the clients. You can better choose the one that provides plans with greater features and has the faster claim processing. AAA Warranty Services stand best among the providers that exceed the customer expectations. AAA Warranty Services is internationally licensed to offer the warranty plans for vehicles.

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