Chances are you've probably heard of an extended car warranty and wondered if it is worth getting, especially if you are in the market for a used car. An extended car warranty can potentially save you hundreds, even thousands of dollars on repair costs, giving you peace of mind.
An extended warranty is an agreement between the car owner and Warranty Company, obligating the warranty company to pay for repairs covered by the contract for a specific period of time.With an extended auto warranty you are protecting yourself from the unexpected cost of mechanical failure.One major repair often ends up costing as much, or even more than the entire cost of the warranty.
Since common mechanical repairs can cost into the thousands and these costs are rising rapidly; protecting your automotive investment should not be taken lightly.Whether you own a new or older make/model, an extended auto warranty will provide you with peace-of-mind protection regarding costly mechanical repairs that can happen at any time during the life of your vehicle.
Buying an extended auto warranty today will allow you to avoid paying higher rates later due to price increases and required surcharges due to the multitude of issues that develop as the vehicles becomes older.
As your vehicle accrues age and kilometres, the price for an extended auto warranty will rise as do the repair costs that you would experience for an older, out-of-warranty vehicle. You are only buying total kilometres coverage, not addition of mileage to your current total.
Capitalizing now on your vehicles newness and low mileage is the most logical approach as you plan for inevitable future repair costs. An extended auto warranty will provide you with peace-of-mind protection regarding such expenses. The Extended Warranty is transferable, allowing for increased vehicle resale value.
Powertrain Warranty: Covers the engine, transmission, and other parts of the Drivetrain only, which is defined as the major parts of the vehicle through which oil flows.
All Mechanical Electrical and Electronics Warranty: Covers nearly all of the mechanical, electrical and electronic systems of the vehicle; except for those on the "exclusion list", listing the parts that are NOT covered by the extended warranty. It is much easier for a consumer to see a short list of items that are not covered and know that everything else is. Named Component Warranty: Covers the major mechanical and electrical systems of the vehicle from breakdown and failure. If the part is not listed, it's not covered by the contract. Consumable items, such as brake pads or windshield wipers, are not covered.
Many consumers do not realize that even after the manufacturer's warranty has expired, their vehicle is still eligible for extended coverage. You can generally receive coverage on vehicles that have less than 100,000 kilometres on the odometer. A vehicle out of its original warranty is more apt to have mechanical failure compared to a newer vehicle. For this reason, vehicle inspections are required.
If your vehicle breaks down or is in need of a repair, take it or have it towed to any authorised repair facility and present your service agreement to the Service Department. After they diagnose the problem with the vehicle, they will contact the claims administrator of the Warranty Provider and receive repair authorization for all your covered repairs less a deductible where applicable.
Visit the AutoCon website and register your Inquiry. We will contact you and guide you to cover your vehicle with the best possible coverage.