Reasons Why Extended Warranty Service Contracts Are a Smart Move

Automotive

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As many of you will know, when purchasing a vehicle there are many add-ons which you will be offered. Initially this is something which puts most people off, and the majority of us say no to just about everything that is offered. One add-on which you shouldn’t say no to however is that of extended warranty service contracts. Your vehicle will come with a warranty from the manufacturer and then they will offer you an extra year or two for a small price. Many of us don’t like the idea of paying for something now which won’t be of any use for another 4 or 5 years, but this is actually a shrewd move and one which will benefit you. 

Full Coverage 

Ultimately an extended warranty is an additional piece of cover which you will receive for those extra years. The manufacturer usually guarantees the car for a certain period of time, after that it is possible that something with the car could go wrong. If you have an extended warranty in place then any costly repair work which needs to be done in year 4 or 5 will already be covered for and the absolute most which you will have to pay is a deductible, if there is one in place. Auto Auto provides five-star comprehensive extended warranty cover, which also offers for used car extended warranty.

Peace of Mind

Having rainy day money as a vehicle owner usually means that you have some money set aside for a repair on your vehicle. When you have a warranty however this is something which you no longer need to worry about and there is a certain peace of mind which you’ll get when you know that you have a warranty on your side. 

Added Value 

When offered an extended warranty there are many who think that they will not be needing it as they plan to change cars after a couple of years. What many fail to recognize however is that you can sell the car with the extended warranty and simply change the name on the warranty contract. This makes a car more attractive to a buyer and it also means that you should be able to get more or less that money back on the sale of your car. 

Similar Feelings to Insurance 

Ultimately the thing with a policy like this is that you feel the same towards it as you would do insurance. Insurance is frustrating if you have paid for an annual policy and then nothing has happened which requires its use. With this being said the first time that something happens and you need to call on the insurance, or in this case the warranty, you will be thanking your lucky stars that you made the decision to pay the money and sign on the dotted line. 

Think about this well before you decide to say no to your extended warranty contract, because there are in fact a number of benefits which you can count on with this option. 

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