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How Long Should I Keep an Extended Car Warranty

How Long Should I Keep an Extended Car Warranty Image

While the idea of an extended Car Warranty makes a lot of sense when the car is new, some owners wonder if there is any real reason to invest in an extended warranty after the car is a few years old.  This is especially true when the car financing is finally paid off and the owner is thinking about buying a new car over the next year or so.  The fact is that there are several good reasons for keeping that extended warranty for as long as your vehicle qualifies for this type of coverage.

The whole idea of an extended car warranty is to provide the greatest level of benefits possible.  Assuming that the car is maintained properly, it is often possible to retain full benefits for a number of years.  Since this type of warranty offers a level of cover that can either offset or completely cover expenses related to rather costly events, all it will take is a single major event to make the investment worthwhile.

An extended car warranty is not just about saving money, although that is very important.  It is also about giving you peace of mind, knowing that if something goes wrong with the car through no fault of your own, it can be repaired without costing a lot of money.  For this reason alone, it is worth the time and the effort to hold on to your extended warranty for as long as possible.  Check your warranty plan today and see what must be done in order to keep that warranty, or check into other warranty plans to determine if you are eligible for extended coverage through another provider.

Author - Michael Barclay

published: 23/05/2011 14:00:00

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