The benefits of car warranty extension are many and potentially very significant to you. As a vehicle owner, it is an added risk and expense to allow your car or truck to go out of repair without an extended warranty. There are numerous elements involved in determining the purchase of a new or used vehicle. These variables include quality, value, safety, resale value, and warranty coverage. When all these factors are combined, the purchase of a vehicle becomes a very high risk or investment for both the seller and the buyer of a vehicle.
Car owners can get a percentage or “cost-back” on their extended warranties when they purchase new vehicles. New vehicles usually come with factory warranties that cover basic repair and care for the vehicle. As a car owner, the only way you can take advantage of this cost-back provision is to purchase a new vehicle with a warranty before purchasing the new vehicle. You will be able to keep the original warranty in effect and receive the benefits of car warranty extension. In many cases, the dealer will throw in a free new battery, if the warranty is not purchased at the time of purchase. In some circumstances, the dealer may also offer a discount on the price of the warranty if the purchase is done at the time of sale.
One of the obvious benefits of Hyundai warranty extension is that you can keep your existing vehicle at its current level of care. This is especially important if the car you currently own has been in a major accident. Many extended warranties have provisions that allow you to take your present vehicle to the dealership of your choice and receive a new warranty, instead of having to purchase a new vehicle. The dealer will pay the balance of your existing warranty should you choose to sell your current car. It is important, however, to realize that the price of this option will most likely be higher than the price of purchasing a new vehicle. The benefits of car warranty extension, though, extend beyond this scenario.
If you find that your current vehicle needs repairs, you can take advantage of the Hyundai warranty used car by taking it to a mechanic and receiving an estimate for the total cost. In most cases, a dealer will offer to finance the repairs. This means that you will not have to pay interest or come up with the funds for a down payment. Furthermore, the dealer’s payment should cover the cost of any labor that you need to provide to get the vehicle fixed. A representative from the extended warranty company will visit the mechanic’s office in order to make sure that everything was done correctly.