If you are looking for a used car warranty, then this is why we believe our program is better. The protection provided by a used car warranty is commonly misunderstood. Because of these misunderstandings, many people have to pay out of pocket for expensive car repairs. Make a good decision regarding your vehicle, by knowing some of the different myths about used car warranty programs. When you buy a used car, you are typically given a short term warranty, with limited coverage for only three months. After this, if you do not buy an extended warranty car program, you will be liable for any repairs needed. In the case of transmission, drive train or engine replacements, this can be in the thousands of dollars. Warranty auto coverage helps protect your investment in the event your used car needs repairs after the warranty expires.
When To Buy A Used Car Warranty
The best time to purchase an extended warranty car program is while your car is still under the manufacturer’s warranty. That’s because as your car ages and accrues km, the cost for the warranty increases as does the likelihood of mechanical breakdowns and the cost for automotive repairs. It may sound counter intuitive, but the same coverage up to 100,000 km for a car with under 20,000 km is usually less expensive than buying 40,000 additional km of coverage at 60,000 km. It’s kind of like life insurance, it costs a lot less to purchase when you’re 20 than when you’re 60. So, before your factory car extended warranty lapses and you’re faced with inevitable repair costs and higher rates, it makes sense to lock in the best rate for your extended car warranty. It’s better to buy now to sleep better later.
One of the biggest advantages to having a used car warranty is that it covers the total cost of some major repairs. One of the biggest advantages of a car extended warranty policy for households is in budgeting and lowering overall auto costs. Where high out-of-pocket repair bills can bankrupt a household or cause financial challenges, an auto warranty works to help budget repairs into a financial situation by replacing liabilities for one-time costs, with manageable monthly premium amounts. That way, drivers know that they are covered for any contingency that could end up costing a good deal of money otherwise. Umbrella Warranty markets the best possible vehicle mechanical coverage at extremely affordable prices.
Warranty auto coverage helps protect your investment in the event your used car needs repairs after the warranty expires. Umbrella Warranty markets the best possible coverage at extremely affordable prices.
Disclaimer *This program is provided by Aviva Warranty Services Inc., a member of the Aviva Canada group of companies, and Moore-McLean Insurance Group is the Program Administrator. The information contained in this website is only an outline of coverage’s available and is not intended to be a legally binding agreement. For exact terms, conditions, limitations, exclusions and extensions, please refer to the final Certificate wording. This program is available to residents of Ontario only.