What’s An Extended Warranty and Do I Need One? | Subaru
What Is an Extended Warranty and What Does It Cover?
They say that all good things must come to an end. And when a manufacturer’s warranty comes to an end, where does that leave you and your car? Luckily for you, that’s not the end of the road. You can always take out an extended warranty for your car to cover the cost of specified repairs. But the question remains, should you get an extended warranty after the initial one ends, and is it worth it?
An extended warranty provides cover after any mechanical breakdown for up to 10 years or 120 000km. In short terms, it’s basically insurance for your car, but for mechanical issues or electrical failures of a part that’s been covered. People like to opt for extended warranties because it provides additional cover for your car and saves you money in the event a mechanical breakdown or fault occurs.
Let’s unpack the concept of the extended warranty here, find out how they work and if you feel you should have one for your car.
Do You Need an Extended Warranty for Your Vehicle?
Extended warranties are completely optional. They are not a requirement to get after your original car manufacturer’s warranty expires.
An extended warranty is, however, always a great option to consider when an unexpected issue arises. You never really know when something inconvenient may happen with your car’s inner workings, and having this kind of contingency plan in place can safeguard you from unnecessary expenses in the long run.
Are There Any Risks Associated with An Extended Vehicle Warranty?
Cars, in their nature, tend to become more expensive over time. As the years go by, they need frequent services, routine maintenance, and general upkeep to remain intact. So extended warranties can relieve the financial burden. However, before you decide to sign and agree to the extended vehicle warranty, make sure to ask your dealership about the clauses in the agreement. For example, does the extended warranty kick in immediately? Are there any limitations or exclusions? If there are unknown limitations or delays, or requirements, you need to know about this before you end up paying an arm and a leg for every deductible part.
How To Get the Most Out of My Extended Warranty Plan
Whenever you make a costly investment, you want to make sure that you get the most value out of your money, otherwise, it’s considered a waste. And while an extended warranty can be costly, there are a few ways to maximise the value of this kind of vehicle plan. Here are some:
Avoid unnecessary spending. For example, paying for unforeseen repairs and routine maintenance can be expensive and add up in the end. Getting a vehicle protection plan can save you money and stress.
Make sure that you are well aware of what is and what’s not covered in the extended warranty.
Stay on top of things by remaining one step ahead. Update any outdated information and check any plans that are expiring.
Using a reputable provider makes all the difference. Ensure you visit one that is trusted and reliable enough to give you accurate information.
5 Ways You Can Benefit from An Extended Warranty on Your Car
There are benefits to having an extended warranty on your car; you just need to look at the bigger picture. From having peace of mind to saving money, there are 5 ways you can benefit from the extended warranty option.
Peace of Mind
By now, your car must have ramped up some kilometres – it’s not as young as it used to be. With this being said, breakdowns are more likely to happen. But with an extended warranty plan, you can have peace of mind knowing that your car is still protected against any mechanical failures or faults.
The more problems a car has, the heavier it’s going to be on your budget. Having an extended warranty in place will increase your savings and reduce your stress. No more worrying about having to cough up extra cash, the extended warranty has got your back.
Improved Resale Value
A hidden benefit of having an extended warranty on your car is that this policy becomes more valuable as the years go by. A car that is known for having a protection plan has a greater resale value as it’s more likely to be maintained and driving smoothly.
If you’ve ever experienced your car breaking down or a part breaking, you’ll know that it’s incredibly stressful and disruptive. The great thing about having an extended warranty is that it’s convenient and there when you need it. A good warranty is there for you from the beginning to the end of a breakdown.
Coverage for Newer Car Models
Even a newer car model gets the added benefits of an extended warranty. Should anything unexpected happen to your car during the time of the warranty, you’ll be guaranteed replacement of the part that’s been damaged.
Our Verdict on Extended Warranties on Vehicles
We believe that a car is a big investment and an important one too. Depending on your lifestyle, a car is both a liability and a necessity to every individual. We believe that an extended warranty can help further promote the lifespan of a car, bringing you more memories on the road, and stress-free driving.
If you want to know more information on Subaru’s extended warranty policies, contact us at + 27116220260 and our team will be more than happy to assist. If you want to test drive any of our vehicles, visit your nearest Subaru dealership today to discover your newfound freedom and confidence in motion.