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Auto Warranty
What
is an extended service plan?
What is an extended
auto warranty?
Should
I purchase an extended service plan before my manufacturer
warranty expires?
What if I decide to
sell my vehicle privately?
Why do
I need an extended auto warranty?
What is
an extended service plan?
Most automobile manufacturers offer a bumper to bumper factory
warranty which is limited either by years and/or by mileage.
Extended auto warranty plans which provide coverage beyond the
factors of most manufacture warranties including accrued years
and mileage. As well as supplementing a current factory
warranty, an extended auto warranty provides your vehicle with
continuous coverage after the factory warranty expires.
What is an extended
auto warranty?
An extended
auto warranty is an agreement between the car owner and auto
warranty company, obligating the warranty company to pay for
repairs covered by the contract for a specific period of time.
With an extended warranty you are protecting yourself from the
unexpected cost of mechanical breakdowns. One major repair often
ends up costing as much, or even more than the entire cost of
the warranty.
Should
I purchase an extended service plan before my manufacturer
warranty expires?
As your vehicle accrues age and miles, the price for an extended
service plan will rise as do the repair costs that you would
experience for an older, out-of-warranty vehicle. Capitalizing
now on your vehicle’s newness and low mileage is the most
logical approach as you plan for inevitable future repair costs.
An extended service plan from e-warranty solutions will provide
you with peace-of-mind protection regarding such expenses.
What if I decide to
sell my vehicle privately?
An extended auto warranty
enhances the value of any automobile, so it is a great feature
for anyone who is going to sell their vehicle. The extended
warranty is transferable to the new owner of your vehicle. The
extended auto warranty will give the buyer peace of mind knowing
that should something go wrong with the vehicle that they will
be protected, just as you will feel when you purchase an auto
warranty.
Why do
I need an extended auto warranty?
Common mechanical repairs to your automobile can cost thousands
of dollars, protecting your automotive investment can be done
with an auto warranty.
Automobiles have more than one thousand parts that can fail or
breakdown. Below are some samples of typical repair costs for
parts and labor.
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REPAIR |
EXPENSE |
|
Transmission |
$1900 and up |
|
Engine |
$2900 and up |
|
Power Steering |
$1000 and up |
|
Drive Axle |
$1200 or more |
|
Heating / Air
Conditioning |
$900 and up |
|
Seals, Gaskets,
Fuel System Suspension, Electrical System |
$800-$1600 or
more |
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