With this growing trend, extended warranty service has become more appealing. Because many manufacturer warranties expire between 36,000 and 100,000 miles, drivers see an extended warranty (or extended service contract) as the right answer.
Before you jump into a decade-long commitment, let the experts at Christian Brothers Automotive Woodmen & Powers shed some light on the situation. Below are three pros and three cons of extended warranty service.
Pro #1: You can pick and choose your extended warranty plan
Many independent warranty providers offer different levels of coverage (such as silver, gold and platinum) because they have more room to vary their coverage. Whatever your needs, it’s possible to find the right plan for you.
Pro #2: Extended warranties cover complicated technology
Modern cars are becoming bogged down with fancy new technology, and it can be hard for the vehicle to keep up. As the cars themselves become more mechanically reliable, an extended warranty could protect you against the expense of a technological system repair.
Pro #3: Our friendly staff helps you with the details
Our Colorado car repair shop wants to make service as easy as possible. To do this, we make the necessary phone calls and put in the legwork for you. With our help, extended warranty service doesn’t have to be a hassle.
Con #1: You pay more upfront (which could cost you long-term)
Extended warranty coverage is a lot like health insurance. You’re betting the price of repairs maintenance services will one day outweigh the initial cost of your extended warranty plan. Sometimes, you win and the plan was worth it. Sometimes, you lose.
Con #2: Service contracts are not cure-alls
While many providers represent the extended warranty as comprehensive and all-inclusive, no company can cover all possible car problems. Add in the fine print, and you could be paying for service that doesn’t provide the coverage you need.
Con #3: You may never file an extended warranty claim
In another similarity to health insurance, you may never end up needing your extended warranty. This especially applies if your car is totaled in an accident, or you end up selling the vehicle before the coverage kicks into gear.
When it’s time for a repair or maintenance service, trust your friendly neighborhood experts. You can rest easy knowing your car is in our capable hands. To check on your extended warranty service, call Christian Brothers Automotive Woodmen & Powers in Colorado Springs, Colorado today. Notice the nice difference!