When you purchase a new automobile, odds are some kind of warranty will be included. This is excellent, but you need to make sure of several warranty specifics as well as deciding if you want to jump on that extended warranty offer.
It is important when considering the extended warranty that they are not actual warranties- rather, they are service contracts (they cost extra and are sold separately). An extended warranty may be purchased at the time you buy your vehicle; it's also possible to purchase one much further along in your ownership experience. If you're the type who likes to be prepared for all eventualities, an extended auto warranty may be just what you're looking for. Bearing in mind the ever-increasing cost of vehicle repairs, these service contracts can make a lot of sense.
Knowing your intentions for your car is an essential part of deciding whether or not to purchase a new warranty. Standard parts warranties for a new car usually run fro three years or a certain amount of kilometers. If you buy or plan to buy a new car every few years and will most likely not go over the kilometer limit, purchasing an extended warranty makes little sense.
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