Durability and reliability are the major factors that require attention during the purchase of the car. Along with these factors, it is essential to consider the warranty. Nowadays, it has become common to take an extended car warranty. The extended car warranty benefits users with protection against costly repairs. To know if an extended car warranty is beneficial, we have provided the top pros and cons for you to know.

When you purchase a car, the manufacturer provides you a warranty that covers repairs for a specified duration. After the expiry of the original warranty, when you buy a plan for further coverage of repairs that plan is known as an extended car warranty. It is popularly known as an extended service contract. Sometimes, the extended warranty is available through manufacturers and sometimes through third-party. Just like a coin has two faces, there are pros and cons regarding every product and service. If you are planning to buy an extended car warranty, ensure that you check the extended car warranty benefits as well as drawbacks:

1. Pros of an extended car warranty
Extended car warranty benefits are innumerable. Here is a list of the pros of purchasing an extended car warranty:

  • Customization of a plan that fits your needs: The original warranty offered by the manufacturers is for a specified duration. However, in the case of an extended warranty, you can customize it according to your needs. For example, based on your requirement and convenience, you can choose from the two years or three years plan or mile based warranty plan.
  • Coverage against costly repairs: Modern vehicles are loaded with the web of electrical wiring, software, computerized equipment and other technology that are quite complex. It is hard to diagnose and repair complex and expensive technology. The purchase of an extended car warranty benefits you in this case. You can get the repair service from the warranty provider and save on huge repair costs.
  • Enhances the car’s value: When the car is in warranty, it is more likely to be in good working condition and well maintained. Moreover, if you plan to change the car, you get a good price for it.

2. Cons of an extended car warranty
Before you get tempted by the pros of the extended warranty; do not forget to go through the drawbacks:

  • It doesn’t cover all repairs: Just like the original warranty offered by the manufacturer, the extended warranty does not offer coverage for all repairs.
  • Usage: Sometimes, the extended warranty is not used. In case it is used, the cost of repairs is quite less than the extended warranty cost.
  • Service requirements: Many warranty providers a small list of approved facilities that are covered under extended car warranty.

Before you plan to buy an extended car warranty, it is advisable to check the repair coverage and authenticity of the warranty provider. Only the right service provider would help you to get the extended car warranty benefits you deserve.