When people buy new cars, the units almost always come with manufacturer warranties. Then, if systems or components fail, these warranty policies take care of the repairs at no cost to vehicle owners. That can be helpful to just about anyone. After all, some auto repairs are expensive, and they can wreak havoc on budgets.
For example, research shows that the price of a camshaft replacement runs between $1,500 and $3,000.Meanwhile, if the airbags on a car deploy or malfunction, the pieces may need to be replaced. Having this done at a local repair shop could cost you as little as $2,500 or as much as $4,000.
What about after the manufacturer warranties expire, though? Do you have a plan for funding expensive auto repairs then? Doing nothing could leave you on the hook for high-dollar repairs like these. If you’d rather avoid the hassle, you can use some of the following ideas to get the ideal aftermarket warranty for your car.
Do Your Research on Aftermarket Warranties
Companies offer extended auto warranties for various prices. However, one study reveals that the average cost of a contract is $850. Of course, the actual amount you’ll need to invest upfront could vary. The figure can increase depending on factors like your vehicle’s make, model, location, age, and mileage.
It’s always best to do your research when it comes to choosing an aftermarket warranty provider. There are certainly plenty of options on the market today, and it can be helpful to read resources like Endurance warranty reviews to see what current and past customers say. These reviews can provide helpful information on important aspects such as the company’s claims process and customer service.
Ask Your Inner Circle
It can be challenging to find the right third-party car warranty, but there is something you can do to make the process easier. You can ask those within your inner circle if they have done business with any warranty providers. Those who have, whether friends, family, or someone else, will probably be more than willing to share their experiences with you.
Thus, you’ll learn about the pros and cons associated with various warranty companies. Then, you can use them to select a firm and product that surpasses your expectations in every way.
Extra Costs for Excess Mileage
Does your odometer read 100,000 miles or more? If that’s the case, significant parts could begin breaking down at any moment. That is why you need an extended warranty any time high mileage enters the picture. However, will you overpay because of those extra miles? That depends on the company you buy the guarantee from, but providers often charge customers more for excessive miles.
Then again, you might not even be able to purchase an extended warranty due to high mileage. Many companies have mileage restrictions and cut-offs of 100,000 miles. So, shop around and find a provider that meets all of your specific needs. That should ensure you land the right aftermarket warranty product for your ride.
Particular Improvements Might Void a Warranty
Aftermarket warranties aren’t perfect for everyone. Thus, if certain stipulations exist, regardless of which one you buy, it could be voided in the end. For example, when people install particular products like lift kits on their vehicles, their warranties sometimes become void.
Therefore, if you have made improvements to your ride, be sure to discuss them with the warranty company when obtaining a quote. Then, the representative should be able to help you determine if an aftermarket warranty is a suitable alternative for you or not.
Check With Local Mechanics
Additionally, it may be possible to pick the perfect aftermarket auto warranty by talking with local mechanic shops. Chances are good that you’ll want to take your vehicle nearby and not across town when it needs repairs. For one, if the car is having problems, it might not make it any further than to a shop that’s close. Or what if the vehicle has to be towed? The further away your mechanic, the more it will cost you to get your ride transported there.
Therefore, ask your local mechanics which warranty companies they deal with. Then, you’ll be able to pick a plan that your favorite shop supports. That should all but ensure that you choose the right warranty because you won’t have any trouble finding a mechanic to work on issues when they arise later on.
Some Final Thoughts
Now that you know how to choose the right aftermarket warranty, shopping for an aftermarket warranty policy for your vehicle should be a breeze. You just need to remember to do your research and shop around for quotes. Then you can get the coverage you need and start protecting your vehicle.