Where should I look for extended warranties?
Perhaps you are interested in a car warranty because you have heard that it is a good idea. Perhaps you are just looking for information on extended car warranties and where the best place to find them would be. In this article, we are going to look at what an extended warranty is and where the best options are waiting for you.
What is a car warranty or extended car warranty?
A car warranty is a mechanical coverage plan that one gets when purchasing a new vehicle. The warranty plan can be a powertrain warranty and/or a bumper-to-bumper warranty. The powertrain warranties cover the most critical parts of your car while a bumper-to-bumper warranty is a comprehensive package that covers all the mechanical components of your vehicle. These plans are offered for specified miles or years, whichever comes first. They are offered by the manufacturer and are there to cover mechanical defects that may have occurred during manufacturing. Every manufacturer offers the plans for different terms and offers different types of additional coverage options such as corrosion coverage.
An extended car warranty is a warranty plan that is offered by the vehicle manufacturer. They often extended the coverage of your original warranty plan that you received with the original purchase of the vehicle. These plans tend to be limited in terms and rarely include additional coverage options. Some manufacturers do not have extended warranties available and so you will need to look at an aftermarket warranty solution. There is also the other side of it where some manufacturers require you to purchase the extended warranty at the original purchase of the vehicle.
As for other options, particularly for people who are in the market for a pre-owned car, you have a little more choice at your fingertips. A vehicle service contract will be your best bet for something that offers coverage in the event of a mechanical breakdown, but not actually a warranty from your vehicle manufacturer. Vehicle service contracts are coverage plans offered by third-party providers. They have much greater flexibility and in many cases are more affordable than the manufacturer extended warranties. All of the plans come with some level of roadside assistance making the deal that much sweeter.
Where do I get Mechanical Coverage?
If you are still under warranty, then no seat at all. You will still be covered. If your warranty is coming to an end or you have purchased a certified pre-owned vehicle, take a look at what options your manufacturer might have for you and your vehicle. This can be done via a dealership with your VIN and odometer reading in hand.
Otherwise, Chaiz offers customers the opportunity to research, review, compare, and purchase vehicle service contracts through our online marketplace. Here you will find online quotes from the top providers throughout the country.
What does Chaiz Offer?
Chaiz is the first entirely online vehicle service contract comparison website, offering excellent coverage with more flexibility, transparency, and at much better rates than other sellers. For a Honda compact SUV you will be looking between $39 and $50 per month for the most comprehensive coverage. It is well within anyone’s means and provides the driver with peace of mind that you are totally covered in the event of a mechanical breakdown. Mechanical coverage has never been more affordable.
Should I buy a vehicle service contract?
Depending on what repairs are needed, bills can range from $200 to $4,000. The make and model also influence the cost of repairs and labor. Vehicle service contracts prevent you from having to get thousands of dollars for repair bills together in a short amount of time. Mechanical breakdowns tend to happen in an unforeseen manner. Keep in mind that you will still need to pay for any further services such as towing or car rentals.
Overall there are a few good reasons to have a vehicle service contract, 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
Chaiz is an online marketplace for third-party extended auto protection providers where information and rates are transparent. Offering you the chance to comfortably search for a warranty that is perfect for your model car and mileage usage.