ONCE your vehicle’s warranty expires you have three options: continue driving the car and hope nothing goes wrong, sell the car and buy a new one, or extend its warranty.
Why extend a warranty?
However, in the current market, it’s tough for many consumers to just go and buy a new car – and it isn’t always as necessary as people may think.
If you like your car a lot or if it’s in a great condition, you could invest in an extended warranty to protect yourself from costly repairs if something goes wrong.
What is an extended warranty?
An extended warranty is basically more time added to an existing warranty.
Extended warranties are governed by strict laws too as it is a type of insurance you are buying. The warranties are not necessarily cheap any more but the cover in many cases is excellent.
What else is offered?
Many offer additional benefits such as road side assist and medical evacuation at an accident scene.
