One of the the many perks of buying a new car is the warranty that it comes with. Extended warranties can be helpful as well. However, many consumers don’t fully understand what they are paying for or how warranties work.
There are many types of car warranties and they each can work to benefit you differently.
Extended Warranties cover certain maintenance aspects for a specified period of time. They are add-ons and do not come included in the price of the vehicle. When you go to look for an extended warranty be sure to ask yourself a few key things
- How long do I plan to own the car?
- Is this car known to be reliable?
- What is the deductible?
- What are the terms?
These warranties come in handy for any problems that may leave you stranded on the side of the road. It’s one of the perks of the new car agreement.
The basic car warranties that often come included in the purchase of a new car typically cover the things that are not subject to wear and tear. Hybrids and EV’s often come with battery warranties as well. Depending on the car and manufacturer, the restrictions and services will vary. Always check into details before depending on the warranty.