#Endurance warranties drivers
#Endurance warranties driver

This is an important question that a potential buyer should be aware of, as they need to clearly understand what will and won’t be covered by their extended protection plan.Īlthough every car service contract differs from one another, it is the buyer’s responsibility to read the contract thoroughly and ask the representative any questions they may have.

What Does Extended Warranty Protection Cover This is why it is highly recommended for all car owners to consider placing coverage on their vehicles. Be sure to pick a coverage provider you can trust.Īfter choosing a good provider, it is important to understand that all the benefits coverage for your car would provide in the long run far outweigh the small initial investment. Though the door of opportunity is open and the extended vehicle protection industry has improved greatly over the last decade thanks to the establishing of the Vehicle Protection Association, there are still some bad apples out there. Especially since the majority of high-ticket items will begin to fail after this short period of factory warranty coverageĪftermarket Auto Warranty – Even though car dealerships are well known to offer this service to customers, even independent companies and third parties are also starting to offer extended car warranties to vehicle owners.Īs a result, consumers have found themselves granted access to a variety of coverage options and an online marketplace to compare prices and coverage terms. If you’re looking to use the vehicle for more than this period of time before purchasing another car, then paying for extended vehicle protection could be really worth the investment. Manufacturer’s Warranty – Most major automobile manufacturers offer what they like to refer to as a “bumper-to-bumper warranty”- this coverage is commonly referred to as the “ factory warranty” and spans for 3-years or 36,000-miles, whichever comes first.

#Endurance warranties driver

Why Every Driver Needs Extended Vehicle Protectionīefore making the final decision on whether one really needs extended protection for their car or not, there are a few factors which one should take into consideration to determine whether they would really benefit from the extra investment or not.įirst, let’s identify if what coverage you have or will need.

#Endurance warranties drivers

This means that your monthly payment will never increase.Īnother distinguishing factor is that many drivers actually pay off their policy early, which gives them the remainder of the policy’s term completely payment-free! Whereas the price you pay for your extended vehicle protection is merely the cost of the policy broken up into equal and affordable monthly payments. Although a vehicle service contract may sound synonymous with automobile insurance, the main distinguishing factor between it and insurance is that with insurance, your claim is directly proportional to the amount which you have paid for, and often customers who pay less do not receive good coverage on their investment. Just as we did not manufacture your car, we cannot call our policies an “extended warranty,” so our protection plans are referred to as a vehicle service contract. Because the dealer did not manufacture your vehicle, most likely, they will provide you with a third-party provider. We know this may sound strange, but for coverage to actually be referred to as an “extended auto warranty,” the manufacturer must provide it. However, one major thing must be said about extended car warranties: they aren’t actually a warranty at all. With technology advancing so much in the past few years, many minor repairs have become an enormous fix with extravagant costs.Īs a result, the demand for extended car warranties has surged throughout the past decade. The primary reason car owners consider purchasing this extended service is because after spending nearly $30k on a new vehicle, they expect to get a trouble-free operation from it and vastly extend the life of their vehicle. While we cannot speak for every dealer across the nation, it is a well-known fact that any warranty purchased from a dealer will result in higher prices and stricter rules and regulations than purchasing from a direct-to-consumer aftermarket warranty provider. This is why many car dealerships have started to offer customers the option of purchasing an extended auto warranty for any vehicle sold.īut how much will this dealership warranty cost you? And a better question would be: What is the average cost of an extended car warranty? By securing the very best deal possible, it gives you better assurance about the after-sale services you may be in store for and the extent to which your coverage, if any, will apply. When buying a new, used, or any motor vehicle, most drivers strive to get the best deal and value for their money.