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Extended Car Warranties

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The Benefits of Extended Car Warranties

Owning a car is one of the most interesting things in life. For many people, the concept of buying a car is a major event. However, what they don't realize is the fact that you won't be able to enjoy the amenities of your car when you have a technical problem with it.
extended car warrantiesOf course, nowadays when you buy a new car, many car manufacturers are offering really great deals on warranties as the technologies for producing cars get more advanced. Nowadays, it is quite common to get 3 year extended car warranties or 100,000 km coverage warranties when you buy a new car. However, the main thing that you don't realize is the fact that most manufacturer warranties won't cover a ton of stuff and you may end up paying more in the end.

Moreover, once the warranty coverage ends, you might be left with lots of bills for any fault that may pop up right after your warranty finishes. Thus, thinking about extended car warranties can be a good idea in order to help protect yourself from such a situation. Many people realize too late that they could really have saved themselves the trouble if they had known about extended car warranties.

extended car warranties

However, the options for extended car warranties are quite diverse, as you will have to make sure that the coverage policy is sound and flexible enough to handle your needs. For example, some extended car warranties may force you to get serviced at a certain shop, while some warranties may allow you to choose your place.

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Are extended car warranties really worth the while?

As it often is with some tyes of insurance policies, many people doubt if 3rd party cover policies actually provide value for money. The AA published a report a while ago. It stated that car owners spend more than 500 pounds per year on fixing their cars. Extended covers usually start from just £99. It is likely though that you will have to pay around £200 for your policy. But as a result it can greatly cut the total amount of money you have to pay for getting your car fixed. The premium on extended car warranties can be split in neat monthly payments using direct debit. When it comes to repairing the car, you can hardly split anything and the garage will ask for the money on the spot. Definitely worth a go if you want to reduce the amount you're spending every year on motoring.

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