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The Benefits Of Used Car Extended Warranty

The Benefits Of Used Car Extended Warranty

December 19 2020

Whether you’re in the market for a new or used vehicle, buying a car is a big financial commitment. As a result, you want to ensure that your investment is protected. You want to be sure that you’re covered for any unexpected vehicle issues or repairs.

If you’ve purchased a new vehicle, the manufacturer provides you with new vehicle limited warranty coverage. The warranty coverage timeline will vary by manufacturer, but it will cover any unexpected mechanical or powertrain repairs that are needed.

If you’re looking to purchase a used vehicle, it may no longer be covered by the manufacturer’s limited warranty, or it may be expiring soon. Fortunately, you can still protect your used vehicle with available used car extended warranty.

Used car extended warranty further protects you from unexpected mechanical repairs when the manufacturer no longer covers you, and it’s a benefit we offer at our AutoPark Superstores. There are several advantages to purchasing extended warranty, and we’ll highlight some of the most important ones for you.

Added Peace of Mind

You won’t have to worry about additional costs to your vehicle after you’ve made your purchase. You’ll feel confident in knowing that you won’t have to pay for expensive repairs out of pocket, should the need for repairs arises. We understand that bringing in your vehicle for service is already stressful and disruptive to your day-to-day life. You shouldn’t have to worry about paying for costly repairs as well.

With extended warranty coverage, you’ll also receive benefits that minimize your inconvenience, like roadside assistance and vehicle rentals.

The Ability to Stay Within Your Budget

Purchasing extended warranty allows you to stay within your monthly budget. You’ve already calculated the cost of your vehicle and the cost of your extended warranty. These costs are fixed, and you can plan your budgeting around them. Extended warranty ensures that you won’t have to pay even more for unexpected repairs. So, you can feel confident in knowing that you’ll have a reliable vehicle and you can also save to reach your financial goals.

Greater Vehicle Value

When you purchase extended warranty, you are maintaining your vehicle’s value. Vehicles covered under manufacturer or extended warranty are more likely to be better maintained and in good working order. As a result, your vehicle will have a higher trade-in value when you decide to purchase another car in the future.

What Can Extended Warranty Coverage Offer Me?

With a great extended warranty plan, you’ll receive benefits like:

Vehicle Repairs – this includes the cost of labour.
Roadside Assistance – this will include a tow to the repair shop and may also include fuel, oil or battery boost services.
Rental Car Coverage – rental car reimbursement if your repair is covered under the warranty.
Hotel Rental – in the event that a covered breakdown occurs more than 100 km from your home, and if your vehicle needs to be kept in the repair shop overnight, your warranty will cover your hotel expenses.

Experience-Based Refund Program

If you’re hesitant to purchase extended warranty because you’re unsure of how much you’ll use it, not to worry. AutoPark offers an Experience-Based Refund Program!

If you find that you haven’t made use of your warranty by the end of its coverage, you can apply to refund a portion of your policy price.

Consider Used Car Extended Warranty with AutoPark

At our AutoPark Superstores, we know how important your vehicle is to you. That’s why we offer fully-customizable, fully-comprehensible extended warranty plans that fit your needs. And with so many benefits to take advantage of, purchasing an extended vehicle warranty is a smart and easy choice.

To serve you better, we have 5 AutoPark locations across the GTA and an expansive vehicle inventory. We’re confident we can help you into the right vehicle with the right warranty coverage. Contact us to book an appointment at one of our below locations:

We look forward to seeing you soon!

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