An extended car warranty is an optional service contract that covers the cost of certain repairs and maintenance for a specified period of time. Despite the benefits of having an extended car warranty, there are many myths floating around about them. 

 

These myths include that extended warranties are always a waste of money, that they cover every repair imaginable, and that they are only offered by shady dealerships. It’s important to do your research and understand the terms and coverage of any extended warranty before purchasing, as they can provide peace of mind and potentially save you money in the long run.

 

Read on as we will explore some of the most common myths and facts about extended car warranties.

 

Myth: Extended Car Warranties Are a Waste of Money

 

One of the most common myths about extended car warranties is that they are a waste of money. However, this is not necessarily true. If your car requires major repairs or maintenance, the cost can be significant. With an extended car warranty, you can avoid these unexpected expenses and have peace of mind knowing that you are covered.

 

Myth: Extended Car Warranties Are Only for New Cars

 

Another common myth about extended car warranties is that they are only available for new cars. Extended car warranties are actually available for both new and used cars. In fact, many used car dealerships offer extended car warranties to their customers.

 

Myth: Extended Car Warranties Cover Everything

 

While extended car warranties can cover many types of repairs and maintenance, they do have limitations and exclusions. For example, most extended car warranties do not cover routine maintenance such as oil changes and tire rotations. Additionally, some warranties may have exclusions for certain types of repairs or parts.

 

Myth: You Have to Buy an Extended Car Warranty from the Dealership

 

Many people believe that the only way to purchase an extended car warranty is through a dealership. The truth, however, is that there are many third-party providers that offer extended car warranties. These providers may offer more flexibility in terms of coverage and cost.

 

Myth: Extended Car Warranties Are Only Necessary for Unreliable Cars

 

Some people believe that extended car warranties are only necessary for unreliable cars. However, this is not necessarily true, as any car can experience unexpected repairs and maintenance. An extended car warranty can provide peace of mind and protect your investment.

 

Myth: You Can Only Use the Dealership for Repairs with an Extended Car Warranty

 

It should no longer be assumed that extended car warranties can seek assistance from the dealership for only repairs. However, with an extended car warranty, you can choose where to have your car repaired. This can be beneficial if you prefer to use a specific mechanic or if you are traveling and need repairs while on the road.

 

Myth: Extended Car Warranties Are Expensive

 

Many people believe that extended car warranties are expensive. However, this is not necessarily true. The cost of an extended car warranty can vary depending on the provider, the coverage, and the make and model of your car. In some cases, the cost of an extended car warranty can be relatively affordable.

 

Conclusion

 

There are, as we have seen, many myths and facts about extended car warranties. While extended car warranties can provide peace of mind and save you money in the long run, it is important to understand their limitations and exclusions. Additionally, it is important to shop around and compare providers to find the best coverage and cost for your needs.

 

Are you looking for the best extended warranty for your car? Empire Auto Protect is here to offer flexible, accessible, and affordable plans for your car’s needs. Get in touch with us today!