Isn't it weird how your vehicle seems to be problem free until the moment your warranty expires? No one wants to know the regret that goes along with allowing a warranty to lapse and then having to invest in a major vehicle repair. This means you have to carefully consider what you want to do when your properly maintained, virtually problem-free vehicle is about to reach the end of its coverage.
Look at the Maintenance Record
Take some time to think about the vehicle's maintenance record. What does the dealer tell you about the car? Or, not tell you, for that matter? Common wear and tear, recurring problems and persistent noises that you have been putting off in terms of repairs could be a problem. Prior to the warranty running out, be sure to ask your mechanic if there have been any recalls on your vehicle or common issues that should be addressed. All of this needs to be considered and looked into prior to the vehicle warranty running out.
What Does Your Existing Warranty Offer?
The basic and current manufacturer warranty could be extremely basic. Prior to time runs out and if you don't currently know, do some homework so you know what is covered and what you may need covered down the road. If you have been paying warranty payments each month, then you are used to the expense and are able to keep your vehicle running properly without a huge repair bill. If the warranty runs out, you may save a few bucks from month to month, but the cost of a single, serious repair could hurt your wallet quite a bit.
Selecting a New Vehicle Warranty
Don't suffer the consequences of high repair costs and no warranty.
Purchasing an extended car warranty can be confusing at times. It is a good idea to determine exactly what is covered, if there are mileage limitations and what exclusions are present. Reading the fine print is paramount when it comes to purchasing an extended warranty for any vehicle.
Most people heavily rely on their vehicle to get from place to place on a daily basis. If you don't take the time to look into the warranty before it runs out, you may face some rather large repair bills. With the information here you will be able to determine if extending the warranty is worth it and who you should choose for this future coverage.
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