Comprehensive Coverage –A comprehensive coverage warranty is the best possible warranty one can ask for. While usual warranty plans cover only a part of repairs or is limited to a certain amount, a comprehensive plan gives you a peace of mind that you won’t have to pay any additional costs in case of any problems.
Peace of Mind –Most customers are content with the original manufacturer warranty and don’t consider buying an extended car warranty. Imagine yourself in a situation where you encounter sudden problems in your engine, gearbox or crankshaft which are not covered by auto insurance you have on your car. Having an extended warranty gives you the much needed peace of mind in case of any unwanted issues with crucial automotive parts occur.
Savings – Imagine paying up around INR 1 lakh or even more in some case for defective parts like engine, transmission, crankshaft, turbocharger and the likes. Instead of shelling out such an amount, it is wise to pay the usual premium for the extended warranty which would save you a lot of money in case of any issues with your car.
Increased Resale Value – Another reason to buy an extended car warranty or a used car warranty is the increase in the resale value of your car. Having an extended or new car warranty makes for a better selling point while selling your old car which also helps the buyer considering your car has been well maintained.