Why exactly do you need car warranty insurance?

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It might sound like a fallacy when you go to buy a new car and get a feeling that the sales person is perhaps a bit more interested in selling car warranty insurance rather than selling the car.  Your observation is perfect. Since you are buying a new car that is already covered by the statutory warranty of the manufacturer, you might rightly feel why the hell on earth the sales person is so keen to sell the extended warranty at that time? 

The reason is simple– regardless of car makes; dealerships make good money from it. Car owners also stand to gain from extended car warranty as it comes cheap when you buy it early. Therefore, it is a dual benefit for sellers as well as car owners. Before you decide on buying a car warranty, you should be very clear about its advantages with respect to your efforts in keeping running costs under control after the statutory warranty of the manufacturer has expired.

Battling high running costs

The concept about high cost has to be cleared first before you decide on buying car assurance. If you look at the financials involved in buying a car and maintaining it, one thing will be clear that the initial one-time investment for buying a car is quite high and visible.

But the cost of maintenance and repairs that has to be borne throughout the time you own the car is not visible upfront and is also not easy to foresee. Like small drops make an ocean, these expenses also can add up to a huge sum over a period of time. Therefore, in order to keep such expenses under check, the easy way is to buy a car warranty insurance that takes effect after the expiry of the statutory warranty of the manufacturer.

Controlled expenditure for repairs

Buying a car warranty insurance means that you pay a fixed sum of money and in exchange enjoy the facility of getting the car repaired for much higher amounts than what you have paid for. This is true for all car makes.

Click4Warranty told us that your eligibility for repairs and its value will depend on the type of coverage that you choose. And the coverage will depend on the service history of the vehicle. Your spending for car maintenance is limited to the cost of buying the warranty and you are relieved of any additional expenses. Thus you are able to keep a check on car maintenance cost. Moreover, repairing costs are likely to escalate with time but the car warranty insurance protects you from its inflationary effects.

Taking proper care of the car will ensure its long life and trouble free service as ageing can start taking its toll on the performance.  Having car warranty insurance will give you the confidence that the car will be placed under proper care that will keep it healthy and ensure smooth running. This gives a lot of peace of mind which is worth much more than what you spend in buying the car warranty.

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