The sound of a new car or buying your first car is always exciting. But you should know which warranty will benefit you the most. The question is, will you be satisfied with the manufacturer’s warranty or should you consider getting an extended warranty? Most manufacturers’ warranties cover three to five years for 150,000 to 100,000 kilometers approx., or up to 10 years maximum for 200,000 kilometers in rare cases. Though these manufacturers offer warranties, they don’t cover all the repairs and maintenance or give you extra benefits for the vehicle. This is where an extended warranty gives you a hand.
This is a vehicle contract service which gives buyers relief from the cost of repairs when a standard manufacturer’s warranty period expires. Or, in other words, it provides an extended warranty period and benefits over the standard manufacturer’s warranty. If you plan to keep your vehicle for a longer period, then you should consider buying an extended warranty. Also, if your work demands frequent travel, then an extended warranty will be an ideal option.
For a new car, it’s better to buy an extended warranty than the manufacturer’s standard warranty, which fades away quickly. You can get more benefits from an extended warranty than from a standard warranty. Even if you plan to buy a used car, you can get an extended warranty because the standard warranty period may be on the verge of extinction.
This extended warranty also has benefits like towing to a safe location when your car is broken down, providing emergency accommodation benefits if you are 200 km away from your residence, if your car’s repair is not completed within 24 hours, and a lot of other options.
An extended warranty allows you to customize your plan so that you can stay within your budget. So don’t forget to go through the Product Disclosure Statement (PDS) to know what all parts are covered in an extended warranty.
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