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Are Extended Warranties Worth It On New Automobiles?

An Extended Car Warranty is an additional vehicle service contract that provides long-lasting protection over and above the original manufacturer’s warranty. The primary reason for purchasing an Extended Auto Warranty is to save money. All new automobiles include a factory warranty right off the production line. This is the automaker’s means of protecting customers from any mechanical or performance issues that might occur in the first few years of the vehicle’s life, sometimes known as a “manufacturer’s warranty.”

Unfortunately, the average factory warranty only covers a car’s wear and tear for four years, and some only for three. You typically have to pay for significant automobile repairs on your own once the manufacturer’s warranty has run out. Additionally, if you bought a second-hand automobile, it’s possible that your warranty has long since expired.

So, what can you do to prevent high repair costs once your manufacturer’s warranty expires? One method to protect your money is by purchasing an extended car warranty. Extending your warranty coverage or buying an auto protection plan can help you avoid expensive repairs and keep you safe on the road for years to come.

Here are five reasons why buying an extended car warranty on a new automobile may be worthwhile:

  1. Peace of Mind for High-Mileage Car Owners

All automotive parts have an estimated lifespan, and the more miles worn parts have on them, the more likely it is that they will fail or require a significant repair. High-mileage automobile owners may experience breakdowns more frequently. You can, however, travel with complete peace of mind if you have a safety plan in place, such as an extended warranty.

If you do get stuck on the side of the road after a breakdown, every reliable extended warranty provider will put you in touch with a towing agency to transport you to the closest licensed car repair shop. Your warranty provider might also offer solutions for rental cars and repair costs. If you’re concerned that your used car with high mileage may have problems, an extended car warranty may provide you with much-needed peace of mind.

2.The Warranty Can Be Customized to Your Needs

Factory warranties frequently follow a predetermined template and include particular criteria in the fine print that can make them inappropriate for many drivers. However, you might be able to customize coverage to meet your particular needs if you find the right extended warranty or car protection plan provider.

Our trained team at Autopair can work with you to ensure that your plan provides the component coverage you require while staying within the price range you have in mind. We offer customized vehicle protection policies. We even cover rideshare drivers, which is uncommon among providers of vehicle protection plans.

  1. Maximize Your Resale Value

If you choose to sell your car, you’ll probably want to get the highest price. You can maintain your car and keep its worth by purchasing an extended car warranty. If you have an extended warranty that can be transferred for a minimal charge, your automobile will be far more appealing to potential buyers than a vehicle without one.

Regular maintenance keeps your automobile’s parts in the best possible shape, which can reassure potential buyers that your used car is a good investment.

  1. Minimize the Cost of Ownership

The average cost of owning a car in 2021, according to AAA, was $9,282. Being able to save money is crucial because owning a car is not a cheap investment. You can save money on expensive out-of-pocket repairs with the help of an extended warranty. While there are certain upfront expenses or premiums associated with a protection policy, your provider will cover any sizable repair expenditures incurred throughout the duration of your coverage. In addition, you won’t have to stress about high maintenance costs if you use Autopair.

  1. The Added Benefits

 Many companies, like Autopair, provide customers with extra benefits like roadside help or gift cards for movies, in addition to lowering the expense of significant repair bills.

If you’re ready to protect your car and put money back in your pocket, request a free, no-obligation quote. You can also visit the Autopair website for more information and automotive advice.

Drive with peace of mind by insuring your vehicle with a protection plan from Autopair Warranty.

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