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Cars will always remain to be the most highly valued assets that are so much demanding on the
maintenance side. That is because cars are depreciating assets hence the need for extra care and
maintenance in order to keep them running and feeling as new for the longest time possible. Car
damages will always be costly and that could turn out to be unbearable depending on the extent of the
damage. We all know that with the current cost of living being brought in by inflation, the cost of car
maintenance is a burden.
Gladly, extended warranties are here to aid those car owners who are struggling to see their car through
difficult moments. Extended warranties are agreement between the car dealerships or third-party
provider with a car owner. The provider covers the car from costly maintenance. In an event where the
parts that is covered fall prey to faults, any expenses that builds as repair or replacement fee is covered.
However, before deciding to ignore an extended warranty or rather purchasing a plan, here are some
few things you might need to grasp.
Extended warranty prices are not fixed
Extended warranties come in different prices and not a fixed price as some false sources might indicate.
Therefore, just like any other ordinary shopping, many will want to shop for items whose prices can be
negotiated on. The same also applies to extended warranties since the plans offered differ in prices.
Prices per plans offer depend on the types of parts you need covered and also the specific number as
well.
A-protect Warranty Corporation extended warranty plans
Our extended warranty plans for instance are categorized into the following;
- Diamond- $5,000 per claim
- Top up- $5,000 per claim
- Premium and special- $3,000 per claim
- Premium- $3,000 per claim
- Luxury- $1,000 to $2,500
- Powertrain warranties- This include; Platinum, Silver, Gild and Bronze ($750 to $2,500 per claim)
These plans cover different parts while the Diamond plan covering all major parts in a car and only
excluding the parts that are not listed. Besides, the price of these plans can also be negotiated and also
made to the preference and desire of the customer.
Dealerships aren’t the only extended warranty vendors
It is always tradition that when shopping for vehicles through dealerships, they always will introduce you
to add-ons such extended warranties. Since most new time buyers may not be conversant or familiar to
the terms, they might ignore that or get exploited. Car owners are advised to seek extended warranties
from other sources such as extended warranty. Understanding the extended warranty market before
diving into agreement unknowingly will reduces chances of being scammed.
Extended warranties become effective once the factory warranty expires.
All brand new car from the factory will always come with a factory warranty attached. The factory
warranty works exactly as the extended warranty but expires and is not that extensive in coverage. Most
car manufacturers always put a maximum coverage of up to 5 years on all new cars. An extended
warranty becomes effective only after the factory warranty has expired.
Extended warranties come with a deductible
As a car owner willing to purchase an extended warranty, you have to understand well how coverage
works. Naturally, most extended warranty provider will always need a you to pay an extra cost besides
the cost of the price. That will be in the form of a deductible or monthly payments.
Can be rarely used
Did you know that one can rarely use their extended warranties. That applies mostly to those who have
purchased coverage policies while the car is still new. Besides, the extended warranties omit other car
parts such the wear and tear parts one including Brake and the clutch.
There are plenty of extended warranty scams
Here in North America and Canada to be specific, there have been a number of extended warranty
scams reported. Some fake extended warranty providers masquerade as real providers and end up
vanishing with customer hard-earned cash. Therefore, when dealing with extended warranty providers,
ensure transparency and trustworthy is upheld.
Extended warranties can be transferred to the next owner
When you plan on reselling your car and you are worried about how to transfer the extended warranty
to the new owner, then stopping thinking too much. That is because one can now easily transfer
ownership of an extended warranty contract to the new owner of the car.
Used and Certified pre-owned car can also be covered by an extended warranty
Extended warranty can also be purchase for used car and certified pre-owned one. When shopping for a
used vehicle, always confirm whether the vehicle is covered by an extended warranty.
Payment of a car warranty varies
The payment of car warranties is not fixed to one method. The flexibility of car warranties makes it
much easier and accommodative since it varies. A customer can choose to pay for an extended car
warranty either by a downpayment, monthly or rather a one-time lump some.
Conclusion.
A car warranty is essential in keeping your car and your wallet secured from all costly maintenance
issues. However, you need to fully understand a lot on how a car warranty works, who are the best
providers and what policies works best for your car. Once all that is at hand, then you can go ahead and
secure the ultimate protection you have been waiting for.
A-protect Warranty Corporations boasts to be the best extended warranty provider with affordable and
flexible plans. We are just a phone call away and you can get in touch with us for a free quote and more
assistance. Email us via info@a-protectwarranty.com or call +1-866-660-6444(toll free)