Extended Car Warranty Plans Explained
Extended car warranties tend to be filled with jargon and have a negative vibe overall. The robocalls and constant pushing to buy from traditional warranty companies has left a sour taste in the mouth of consumers.
Chaiz wants to remove the stigma and open up the world of extended car warranties. After all, it is with transparency that we can make the best decision. Chaiz’s service is also completely online and you only get a call when you request one. In this article we are going to breakdown the various extended warranty types and the exciting added benefits that often come with them.
What is an extended car warranty?
An extended car warranty is actually the colloquial name for a vehicle service contract. A vehicle service contract supplies protection against mechanical failures once your factory warranty comes to an end. As it is not a warranty and rather a contract you have greater flexibility, coverage options, and more added benefits to alleviate the cost of ownership. Ultimately giving you peace of mind that you are covered.
What are the different types of extended car warranties?
Here at Chaiz we focus on three types of car warranties. The first is the powertrain warranty which covers the basics of the powertrain of your car. The second is the powertrain plus warranty that offers slightly more coverage than the powertrain plan. The third is a bumper-to-bumper warranty that is fully comprehensive mechanical coverage, also known as exclusionary or most comprehensive coverage.
Powertrain warranty typically covers the most critical arts in your vehicle, such as:
- Transfer case
- Drive box
Powertrain Plus warranty typically covers these part in greater detail and can include adjacent systems in the coverage, such as:
- Transfer case
- Drive box
- Sometimes including:
- A/C & heating
Bumper-to-Bumper typically covers all parts but NOT the following:
- Wiper Blades
- Brake Pads
- Body Panels
- Interior Trims
- Turn Signals
- Brake Lights
- Regular Maintenance
- Accidental Damage
What are the added benefits?
The warranty plans offered on Chaiz often come with great added benefits that really improve your driving experience. Particularly if you need to drive long distances. Plus no one wants to get stuck on the side of the road without fuel or a blown tire. Here are just some of the awesome benefit you could be looking forward to once you purchase an extended car warranty with Chaiz:
- Jump-start service
- Towing service
- Locksmith/Lockout service
- Fuel-delivery service
- Flat tire service
- Winching service
Should I buy an extended car warranty?
An extended warranty plan could benefit you in many ways. The plan provides protection against mechanical breakdowns as listed above and lends to saving you in repair bills. Depending on what repairs are needed and, repair costs can range from $200 to $4,000. The make and model also influence the cost of repairs and labor.
Extended warranties give you the possibility of getting repairs done in a timely manner without affecting your budget too harshly. Bear in mind that you will still need to pay for any further services such as towing. Overall there are a few good reasons to have an extended warranty, even outside of the savings aspect:
- Repairs on critical parts are covered
- If you travel frequently by car
- If you are buying a used car outside of warranty
- Option of added benefits
- Being prepared for inevitable mechanical problems