When you purchase a new car, the next thing you should think of is its protection. Purchasing the new car warranty is a great task, when made correctly you can receive the maximum benefit from it.

Most modern cars are complex and have advanced electrical and mechanical components. So handling any repairs to it without the new car warranty would be highly expensive.

So in this blog, we shall look deep into what the new car warranty covers and how it benefits the new owners.

LEARN MORE ABOUT THE NEW CAR WARRANTIES

What is usually covered by the new car warranty?

The coverage level of the new car warranty varies greatly based on the warranty plans and the provider you choose. But usually, the new car warranty plans may provide you with bumper-to-bumper coverage or powertrain coverage depending on your purchase. Have a complete discussion with your warranty provider to get the complete details on the coverage level.

But make sure your car warranty covers all such important components like the engine, transmission, suspension, and other electrical components to make your purchase more worthwhile. 

Some new car warranty plans may even come with roadside assistance support during emergencies, so try to choose in such a way that your new car warranty plan is associated with the recovery support.

Are new car warranties available for all makes and models of cars?

Yes, it does not mean what make or model hold, even if you hold an electric car or hybrid vehicle you may purchase the new car warranty either from the dealerships or from third-party car warranty companies based on your preferences.

What are the three important things to look for while purchasing new car warranties?

When purchasing a new car warranty, it’s crucial to carefully consider several factors to ensure that you get the coverage that suits your needs and stay protected for a long period.

  • Make sure the plans cover a wide range of components and satisfy all your needs. This is highly important because this is one important factor to be at complete peace of mind throughout the warranty period.
  • Analyze the cost of the warranty plans that you purchase, if your vehicles are highly reliable purchasing the new car warranty plans that are costlier and have exorbitant coverage can be useless in some cases.
  • Check for deductibles, if the deductibles associated with the plans are higher then try to make an informed decision.

What are the drawbacks of not having car warranties?

  • Without a warranty, you are responsible for covering the full cost of any repairs or replacements needed for your vehicle. There is no guarantee with a new car that it will not face any repairs or needs replacement.
  • A car with an active warranty typically has a higher resale value, so if you don’t have the warranty the resale value of your car will automatically get affected.
  • Planning your vehicle’s annual maintenance costs becomes highly difficult without car warranties.

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