It is difficult to put a price tag on peace of mind. This is much of what fuels the value of having a warranty of any kind and this, of course, includes cars. Warranties stand out as a practice, easy and effective way to guard against something going wrong with any type of product. Where cars are concerned, a warranty makes tremendous sense.
Cars are quite complex in that they have numerous parts. When there are more parts in a machine these parts receive wear and tear, it is more likely that something can and will go wrong. No matter how high quality a car may be and how good of a job you do taking care of it, something still can go wrong. However, when you purchase a warranty, you gain serious peace of mind.
In general, if you buy a new car, you will find that there are three main types of warranties: 1 year, 3 year and extended 5-year warranties. However, recently, some manufacturers have begun offering 10-year warranties. If you plan to buy a used car, is also possible to buy an extended warranty or used car warranty from a dealership.
Without a warranty, you are putting yourself and your finances in a good deal of potential peril. Whether you are extending your warranty on a new car or a used car, you will not regret making this decision.
A warranty is nothing short of savvy financial planning, as it safeguards you from having to worry about sudden and very unexpected expenses. For example, have you seen the price tag on replacing the typical transmission or, on the more extreme end, for replacing an engine? The price tag is steep, but if you have a warranty that covers power train, for example, this is an issue that you won't have to worry about.
Whether your car warranty covers power train or not, having some kind of warranty is extremely valuable. Once again, motor vehicles are very complex, and a multitude of potential problems exist. Many experts feel that driving without a warranty is something that just doesn't make sense. Some would also suggest looking into an extended warranty to be safe.
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