Protect Your Vehicle Against the Rising Cost of Repairs
Changes in the automtive industry in recent years have created complex, high tech automobiles. With these changes come increasingly higher repair costs.
These common repairs can cost thousands of dollars and are rising as technology evolves.
You should consider an extended warranty to help protect you from unexpected and costly repairs.
Did you know that the cost of an extended warranty is alomst equivalent the cost of just a single major repair?
Extended warranties can help to cover the cost and inconvenience of mechanical and electrical failures that occur once a manufacturer’s warranty expires. But is an extended car warranty really worth the upfront cost when your car seems to be doing just fine for now?
To help you decide if an extended car warranty is worth the investment, here are the most common reasons vehicle owners choose to purchase a warranty for a used car.
Avoid paying out of pocket for breakdown costs
“What’s the point of investing in coverage right now? Couldn’t I just put money aside every month to cover repairs?”
This is probably the most common question vehicle owners ask when they’re sizing up the value of an extended car warranty.
And truth be told, yes—you absolutely could put money into a rainy day repair fund for your used car. But do you have the resolve to follow through? And will the money that you’ve saved be enough to cover all of the costs associated with your car breaking down?
Repair costs can add up
Some repairs might sound simple...until you get a bill for thousands of dollars. Here's a look at how repairs can stack up.
Maintain coverage once the manufacturer warranty expires
With most Canadians holding onto their vehicles for an average of 9 years, cars are a long-term investment. Unfortunately, most manufacturer warranties don’t last that long.
An extended car warranty can provide coverage from when your manufacturer’s warranty expires to when you sell the vehicle. That way, you ensure coverage for as long as you own the car.
Peace of mind
An extended warranty isn’t just an investment in your vehicle. It’s an investment in your peace of mind.
Typically, an extended car warranty is often the right solution if you’re someone who worries about things like:
- Paying for unexpected, expensive car repairs
- Living without your vehicle while it’s in for repairs
- Ensuring your vehicle lasts a long time beyond the factory warranty
You’ll get peace of mind in knowing you’re prepared for the unexpected. For many car owners, this kind of assurance is priceless.
Call our Business Office today for more details at (888) 755-6906.