Are Extended Car Warranties really worth the price

The factory warranty that comes with a newly purchased car is prone to expiration, and its duration varies from manufacturer to manufacturer, e.g. the warranties offered frequently include Bumper-to-bumper, and Powertrain warranty. What does one do when this time period has passed? Whether one should start looking and applying for extended auto warranties before the factory warranty expires, or afterward? Are the extended warranty services really worth it? The answer to all of these questions will be explained in this article so as to assist you in making the right decision that is not only affordable but convenient for you!

1. Is applying for an extended auto warranty really worth it? Like any other thing that you spend on, nobody can really guarantee the usability of extended auto warranties. Whether the extended warranty plan that you choose for your vehicle would really come in handy at the time of need by saving some hard-earned money or you’d keep paying for something monthly that is never really put to any use, i.e. if ever your car comes to the point of actually availing the services claimed by the company and it gets repaired properly, or you not having to go down that road where your car could require using the warranty to any use altogether- given it remains well-maintained, with zero repairs necessary whatsoever. It is therefore your decision whether you’d pay for the guarding angel to save you in times of need or pay the full price for all the repairs, with zero assistance.

If you do finally decide on opting for an extended warranty plan, you are welcomed with various benefits, a few of which are mentioned below:

• Peace of Mind:  One of the worthwhile reasons to get yourself an extended warranty is to eliminate the basic source of anxiety that is faced by many people, i.e. worrying about the costly repairs that you may have to pay for if an accident is ever encountered. If on a one fine day, your car suddenly breaks down and you are all by yourself to get it running again to get to your desired location, the extended warranty will come to your rescue and take all the responsibility of getting the required repairs done, along with all the paperwork and pricing negotiations with the mechanic of your choice. Hence, having the peace of mind that somebody has got your back, in times of need, is super comforting and prominently convenient.

• Flexibility: With extended warranties, you do not have to worry about which repairs you may or may not get, because you get to choose the right plan for your car in the first place, giving you the upper hand and flexibility to select your type of repair shop, mechanic, repairing coverage, etc. An Extended warranty may not even limit your options of choosing the desired spare part for your car, saving you thousands of dollars if personally purchased from the factory manufacturer.

• Elevates the Resale Value: Since a wide majority of companies offer transferable extended auto warranties at a very trivial expense, the potential buyer would definitely get influenced into trusting you and your car that comes with all-inclusive protection. 

2. When and how to select the extended warranty that is right for you? 

There are a lot of companies renowned for offering very trustable and astounding extended auto warranties, like Fidelity Warranty, Diamond Warranty Corp, First Extended Service, Penn Warranty Corporation, GWC Warranty. The costing and coverage vary from car to car, and from customer to customer- for each customer may not have the exact same needs. The basic cost of any warranty plan may fall in the bracket of $1,000 to $3,000. 

3. GEC Extended Auto Warranty

GWC Warranty is a very considerable choice for the customers who own a new or secondhand car, in search of plans that can be customized to their budget and car requirements. This company provides coverage to all their clients, with cars driven up to 200,000 miles. If your car ever breaks down, you can visit any nearby repair workshop certified by the National Center for Automotive Service Excellence (ASE) to get the repairs necessary and then have the workshop call GWC to file a claim, which upon approval, is a beard by the company.

Packages are very flexible and consist of high-tech protection features. You can call on the company’s number 800.482.7357 to get a personal quote, and register for a customized coverage plan ranging from $2,000 to $5,000 to get 24-hour roadside assistance, Rental car towing and Trip interruption compensation along with every other desired car repairs.