Here are five reasons why an Extended Car Warranty can be worth the cost even in 2022:
Impressive Cost Savings
Many are skeptical about whether extended warranties on cars are worth the cost, given that they have to purchase the car separately. Most of the time, you will save a significant amount of money by purchasing an extended auto warranty.
Peace of Mind
No matter if you own a new or used vehicle, an Extended Car Warranty is an ideal choice for those who require additional coverage or cannot afford the expense of repairs that aren’t expected. When a manufacturer warranty expires, and you are no longer covered, it may be difficult to pay for maintenance, repairs, and even labor, without the benefit of an extended warranty.
The purchase of an extended warranty for your vehicle, like a plan from the industry’s leader Concord Auto-Protect, eliminates the stress and safeguards you from expensive repairs. It also eliminates the stress of lengthy paperwork and having to negotiate with mechanics over an affordable cost.
There are a few less-known ways in which car warranties show their worth by helping clients out of stressful situations. Assistance with roadside emergencies, rental car reimbursement towing, trip insurance, and cost-effective installment plans for monthly payments are only some of the benefits you can enjoy when you purchase a Car Warranty from Concord Auto-Protect.
Assistance for roadside emergencies is available 24 hours a day, and car owners do not need to think about finding an auto mechanic or having to pay for accommodations in the case of a mechanical malfunction.
In contrast to manufacturer warranties, extended car warranties offer the most flexibility. For example, Concord Auto-Protect allows you to bring your car to any repair shop that is authorized by Concord Auto-Protect, while a warranty issued by the manufacturer typically requires that the vehicle be brought to a particular dealership.
A third-party warranty lets you search for the lowest-cost coverage options. Concord Auto-Protect is a good example of this by providing you with a variety of top-rated warranties.
Increased Resale Value
Most extended car warranties can be transferred for a minimal cost to no cost, meaning you can offer your new owner comprehensive protection for your vehicle. Buyers from the individual market may notice additional value to your car due to the service agreement, which could lead to higher interest rates and an increase in the overall cost.