4 Questions to Ask about Extended Car Warranties
Every new car that you buy has a factory warranty, which is in place to essentially ensure that in case of breakdowns or malfunctions, the cost will be covered by the dealer or the manufacturer. However, factory warranties have an expiration date. As soon as your factory warranty ends, all costs of repairs have to be covered by you. However, if you want to retain the coverage of a factory warranty after its term, you can buy an extended car warranty. An extended car warranty is different from an auto insurance policy, but can seem to play a similar role. In case of a mechanical or technical issue, the repairs are paid for on the condition that the issue is included in the warranty. Providers of this service offer a lot of extended car warranty benefits. Yet, knowing the right questions to ask is essential to getting these benefits. Here are some key answers you need before going for an extended warranty on your vehicle. 1. Do you really need an extended warranty? Knowing if you need an extended warranty or not is just subject to your ability to manage finances with regards to the repairs and maintenance of your car in the future.