What you should know before buying an extended vehicle warranty
A vehicle service contract, also known as an extended warranty, can help you pay for the cost of certain auto repairs for your vehicle. It is primarily used to cover the costs of your vehicle once the manufacturer’s warranty expires; however, sometimes the two overlap as well. This warranty can be purchased at the time of buying the vehicle and in a few cases, before the original warranty expires. If you are unsure whether you need an extended vehicle warranty, then you can take cues from this article. An extended warranty doesn’t cover everything While extended warranties are quite useful in case of unforeseen vehicle damage after the limited warranty has expired, they don’t cover many maintenance costs such as oil change, wheel alignment, filter change, and even roadside assistance. It is necessary to read the agreement’s fine print to find out the inclusions and exclusions of the warranty cover. To help you decide better, here are a few benefits and drawbacks of extended vehicle warranties: Pros of an extended vehicle warranty A major advantage of an extended warranty is that it can save you money on repairs that are not covered under the original contract. The warranty provider pays for the services that are included in the extended warranty, while you pay only for the deductible instead of the entire bill.