Auto warranty plans let you drive without stress

While most of us dream of buying a new car, what we tend to ignore is the investment in an auto warranty.  For many people, having a car is an important asset. Well, equally important is its maintenance.  Investing in an extended auto warranty is a decision you will never regret. Such protection policies help you at an eleventh hour when your car suffers an unexpected damage and you need to get it repaired. For those who shoe-string budget, these warranties are no less than a blessing as you can save money. If you are all set but an auto warranty plan then you should make sure you get the most bangs for your money.

Basically, there are two types of auto warranties available in the market. One is the standard warranty that was given to you at the time of purchase. This type of warranty usually lasts anywhere from one to five years, or for a particular amount of mileage, whichever occurs first. It is important to know that this warranty usually comes with the purchase of the car, and is also non-negotiable. Remember, what you see is what you get. Ensure you spare out sufficient time to read all the terms and conditions pertaining to the warranty you are planning to invest, and understand the details including what all is covered.

The other most commonly available is extended auto warranty. This is exactly where you might end up spending more money that you actually have to, if you are not alert and careful at the time of purchasing the vehicle.  You can buy this type of warranty either at the time of buying a vehicle or at any point of time after the expiry of the original manufacturer’s warranty. Be warned, it is a lot easier to purchase an extended warranty for your vehicle while it is covered under the original warranty of the manufacturer. Once it comes to an end, you might have tough time finding a new coverage. 

Extended auto warranty can be for a variable amount of distance or time – it can be as long as for years or as little as six months. Do your homework carefully and find out which one is the best for you. How long do you plan to keep your vehicle?  If you plan to buy a longer duration warranty then make sure it can be transferred to the new owner, in case you want to sell your car. Check the warranty what all it covers - does it includes all factory installed parts of drive train? Does it offer roadside assistance?

Always remember that an extended warranty for car can be purchased at the time of buying a vehicle; however ensure you read the fine print carefully. Some extended car warranties start immediately, even if the warranty of the manufacturer is in place. There are several options to avail the benefits of that coverage at the later stage, should you decide you require it.

In the end, all that matter and count is the research you will do while looking for an extended warranty. Given the kind of options available today, buying the right warranty plan can be very confusing and tedious a task. Instead of making a decision in haste, take time to read the fine print and terms and conditions. Also, see if you can get customized auto warranty. Nothing makes for a better option than customized warranty for vehicle. At Concord Auto Protect, you can easily find a range of car protection plans along with the one customized as per your budget and preferences. 

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Created on Jan 20th 2018 05:05. Viewed 570 times.

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