In the year 2012, the average new car costs more than $ 30, 000, as per the national study. This indicates an rise in price of nearly $ 2,000 from the last year. Surprisingly enough, the price of pre-owned or used cars has also increased because of their high demand in present times of recession hit economy.
The way in which things are going, buying a new car can be an expensive affair. Also, maintaining it can be challenging too. As if your pockets were not strained enough, the cost of vehicle repairs have increased drastically in recent years.
In short – More expensive car components + Labor rates all time high = One heck of a repair and replacement bill.
With an extended auto car protection plan, no longer car owners and drivers have to worry about repair bills and parts replacement cost. Concord Auto Protect offers a range of warranty plans that are available in the form of a vehicle service contract. These agreements or contracts are a promise to pay for particular repairs on your car depending on plan coverage. So, why exactly does this bother you?
Here are top two reasons why you need to invest in an auto car protection plan.
Everyone requires coverage
There are many people out there who would say – “Well, my vehicle is perfectly fine. Why should I buy an extended car warranty? While your vehicle might be perfect today, what about tomorrow, may be day after tomorrow, or a few months or years from now? There is no better time to invest in a car warranty plan than today. As car warranties do not cover pre-existing conditions, you would qualify for the best policy and be fully protected.
You can save money
Why to pay for costly car repairs when someone else can do the same for you? Who wants to shell out additional money for vehicle repairs every now and then? A rebuilt transmission can run you upwards $ 18,000 and water pump replacement would cost you a minimum of $600. Of course, with the average hour labor rate of the nation which is increasing and is as high as $103.40 per hour, there is no better time to protect your wallet and car. With extended vehicle protection, you only have to worry about standard $100 deductible.