Extended warranties are a popular option for new car buyers, providing additional protection and peace of mind. But what exactly do they cover? And how can you make the most of this valuable benefit?
An extended warranty is a contract between you, the vehicle owner, and the manufacturer or dealer. It provides coverage for parts and labor beyond what's normally included in the standard warranty period.
The extended warranty typically lasts for one to three years, depending on the terms of the contract. During this time, you'll have access to roadside assistance, repair services, and replacement of certain components, such as tires or brake pads.
Benefits of an Extended Warranty:
Costs and Value:
The cost of an extended warranty can vary depending on the manufacturer, model, and terms of the contract. However, many experts argue that the added peace of mind and potential savings make it a worthwhile investment for new car buyers.
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