logo
logo
Sign in

What is Extended Car Warranty and It's Benefit?

avatar
John Davis
What is Extended Car Warranty and It's Benefit?

The process of buying a car from an auto dealership can be a bit daunting and sometimes confusing and especially when the dealer offers add-ons that are advertised as must-haves to ensure your car is protected. One of these includes an extended guarantee, which is designed to prolong the warranty period of the original vehicle but is it worth the cost? This article will help you understand what an extended warranty is and give the best price for your money.


What is the procedure for extending a car's warranty function?


Every new car comes with the warranty set by the manufacturer to protect you from any potential defects or repairs the vehicle will face during the time frame specified in the guarantee. Extended warranties occur in the case when a buyer pays an amount to obtain an extended warranty that is beyond the terms the manufacturer or dealer has made. But, customers must be aware when buying extended warranties because some dealers might confuse them about the advantages they can get.


What are the potential advantages of an extended warranty?


The majority of guarantees offered by dealers typically come with an expiration date or distance that they'll cover the vehicle for. Another issue is that the coverage will differ between states. So, determining what warranty your car is under will help buyers plan their budgets better.

Basic coverage is offered for vehicles older than 10 years and has traveled 200 km. There are additional Standard and Comprehensive warranties for five years old and less than 125,000 miles. An extra-long warranty will allow you to extend the length of time and distance that you are covered. Be sure to check what warranty applies to the state you reside in.


What if you have an old car?


It is possible to obtain an extended warranty on second-hand motorbikes and cars. The law allows you to the same guarantee, but there might be some restrictions, for instance, having a warranty with smaller limits. Be sure to weigh the advantages and disadvantages when you consider the option of extending a warranty on a used car to determine whether it is economically viable in the long term.


Becoming aware of these aspects will allow you to create your budget to cover a deficit in the maintenance and repair of your vehicle. Be sure to review the disclosure of the product to find out what information is relevant to your particular circumstance.

Extended warranties do not take the place of the insurance on your car, which is crucial for every car owner to protect themselves from the costs that result from the car getting damaged.


collect
0
avatar
John Davis
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more