Why an Extended Auto Warranty is a Better Deal Than Ever
One of the key benefits of an extended warranty plan is that car owners have access to those benefits for a longer period of time than with a basic warranty plan. In today's economy, this one aspect of the extended warranty makes it a better deal than at any time in the past. That aspect has to do with how long consumers are holding onto their vehicles before choosing to trade them in for newer models.
In the past it was not unusual for consumers to keep automobiles until just about the time that the car loans were settled in full, then set about the task of buying a new vehicle. Often, this meant there was still some time left on the extended auto warranty and those benefits were essentially left unused. With the economic events of the past few years, more consumers are choosing to hang onto their older cars for more years, making those benefits all the more important.
If you are in the market for a new car and have an idea of driving it for several years after the car loan is paid in full, do look into the advantages of an extended auto warranty. Take the time to evaluate what is included in the extended plans offered by the dealer, and compare those benefits to the overall cost before making your final selection. You will enjoy the peace of mind that comes with knowing you are protected from many events that could be quite costly, making it easier to enjoy the car and get the most from your investment.
Author - Michael Barclay
published: 14/09/2011 11:00:01