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What to Know Before Buying an Extended Auto Warranty

When you buy a new car, it comes with a factory warranty for a certain number of years. You can get coverage for an extended car warranty from a dealership or another warranty company that specializes in vehicle protection. But once this guarantee expires, it can be a good idea to invest in an extended auto warranty to deal with unexpected repair expenses brought on by mechanical failures or breakdowns.

If you’re a first-time buyer or just starting your search, you may be wondering what to look for in a good car protection plan, where to find the best coverage, whether buying an extended warranty is beneficial, and how to choose between plan options from various providers online.

In this blog, we will discuss the best process for buying an extended car warranty online and what to know before buying an extended car warranty

Buying An Extended Car Warranty

An extended warranty plan reduces out-of-pocket expenses in case of a mechanical breakdown and helps in covering the cost of specific auto repairs. Extended warranties often do not cover costs associated with daily maintenance or damage caused by collisions, but these plans give drivers peace of mind that breakdowns or part failures due to workmanship issues will be covered.

Autopair offers an extended auto warranty in Canada with a range of coverage and benefits, from basic drivetrain coverage to complete bumper-to-bumper warranty coverage. We offer coverage for both new and used cars with several warranty plans. Many drivers believe that an extended auto warranty is worthwhile because it protects them against unexpected and potentially expensive repair charges.

Things to know before buying an extended auto warranty

To find out what factors drivers consider most important when buying an extended warranty, our team recently conducted a survey. The cost was the main factor, according to a survey we conducted of 1,000 individuals who had purchased or were considering purchasing a vehicle protection plan. Here’s a closer look at the top six most important factors:

  • Cost: The most important factor influencing consumers’ decisions to purchase an extended car warranty is cost. The cost of an extended warranty is determined by a variety of factors, including vehicle type, provider, length of coverage, level of coverage, and others.
  • Warranty term: For many customers, the warranty term is a crucial factor. Owners of cars are especially interested in extended warranty providers that provide flexible term lengths or month-to-month subscription plans.
  • Covered components: The number of plans offered by a company can be telling, but buyers also look for the parts and components that are covered by the warranty. Many drivers care about having affordable access to comprehensive coverage.
  • Company reputation: Consumers feel more secure making extended warranty purchases from companies with positive industry reviews. It can be wise to search for providers with great scores from agencies.
  • Customer service: Excellent customer service and stress-free coverage are priorities for consumers. Many car owners will choose companies that have received favorable customer service reviews from sites like Google Reviews, the BBB, Trustpilot, and others.
  • Ease of claims process: Nobody wants to deal with waiting months for a warranty provider to pay for car repairs or arguing with them about what is covered. We advise picking a company that pays repair costs directly to the shop or mechanic, especially if you’re a first-time customer.

Benefits Of An Extended Car Warranty

When considering the benefits and drawbacks of extended car warranties, it can be difficult to decide whether you’ll wind up saving more money in the long run. Always consider the cost, level of coverage, and reputation of the company while evaluating your contract options.

The following are some benefits of buying an extended auto warranty:

Prices and coverage that are flexible: When purchasing an extended warranty, you have the opportunity to select the level of coverage and pricing that works best for you.

Saves you money: You save money because companies like Autopair’s extended car warranties are typically less expensive than warranties from the manufacturer. With longer-term protection that will cover repairs for a specified period of time and/or mileage, you have the opportunity to save more money.

Provides you with comfort: You won’t have to stress about how much the expense of an auto repair will be if you have an extended warranty. Additionally, benefits like towing, roadside assistance, and reimbursement for a rented car provide you with additional peace of mind in case your car breaks down.

If you want extra security and protection for your car after the manufacturer’s warranty ends, it may be worthwhile to buy an extended auto warranty, and Autopair can help you with that. Visit our website for more information.

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