The cost of running a car always seems to be higher than it should be. From petrol prices to insurance, costs always seem to be rising. Is car warranty also adding to the overall cost of car ownership?
Having car warranty in place should be a good idea. The basic principle does, after all, appear to make perfect sense.
By taking out a car warranty policy you are able to take much of the stress out of owning a vehicle. If your car suffers mechanical failure then you should at least be able to rely on the car warranty company to pay for any repairs.
Indeed, good car warranty cover should do more than simply pay for the repairs. It should ensure that you have alternative transport available while your own car is off the road.
If you had the misfortune to have a breakdown a long way from home then your warranty company might well also pay for you to stay the night in a hotel.
With these undoubted benefits, it's no surprise that many of us are keen to take out extended warranties once the initial warranty period comes to an end.
The problem arises when we come to pay for our new policy. We often find ourselves paying an inflated price, even though the standard of cover is not up to scratch.
One issue is that many car warranty policies are sold via car retailers. Such policies may come at a higher price than those available from other sources.
By shopping around online, it's often possible to reduce the price that you will be paying.
A number of independent car warranty companies are prepared to sell direct to consumers online, making a great way for you to pick up a warranty policy at a cheaper price.
Don't settle for paying more than you need to.
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