An extended car warranty is also known as an extended service contract. The coverage is purchased to pay for repairs that your vehicle may need once the manufacturer's warranty expires. However, each extended car warranty has its own scope of coverage. Such variations can make it hard for a new car owner to select the best extended service contract. This article discusses some tips that will help you to make the best decision about the right extended warranty for your car.
Don't Be In a Hurry to Buy
Some car dealerships may suggest that you pay for the extended car warranty as you purchase your new car. However, it may be good for you to take your time before choosing an extended warranty provider. This caution will help you to compare several providers so that you select the one that gives you the best coverage at a cost that you can afford. You should not feel anxious if you don't buy that extended warranty immediately because your car will still be covered by the manufacturer's warranty for a defined period indicated in the purchase agreement that you sign at the dealership.
Opt for Comprehensive Coverage
An extended car warranty should give you the peace of mind that you will not incur a heavy cost to repair your car should it have a major problem, such as a drivetrain problem. It may, therefore, be self-defeating if you go for coverage that has a limited scope. Such limited coverage may not be helpful when a component that isn't covered fails. It is much better to get comprehensive or bumper-to-bumper warranty coverage so that you increase the chance that any problem will be covered by the policy you paid for.
Pick a Provider With a National Presence
Another helpful tip that you should remember is to choose a provider who will cover you throughout the country. This is particularly helpful if the extended car warranty that you get has a roadside assistance component. You should rest assured that help will be sent to you if you ever have a car problem in any part of the country.
An extended car warranty can be helpful especially if you intend to own your car for several more years once the carmaker's warranty has expired. Pay attention to the contents of the contract that you are given before you sign it and confirm that the contract addresses the issues raised in the discussion above.