When you are looking to buy a new car you always have the choice in buying the extended warranty so that you will have coverage for whatever mechanical problems may arise. There are of course some things the warranties do not include such as replacement of hoses, and other minor car parts and issues. Mostly the vehicle warranty exists to make expensive mechanical problems such as engine problems, flat tires, fluid changes, and other things covered so you don’t have to come up with the money.

Most of us question whether the vehicle warranty is actually worth the expense. It is usually around thirty more dollars a month if you have a car loan or lease. This means that you are paying for a warranty you may never need. Another thing about vehicle warranty is that it doesn’t cover the mileage services that you need to have. Vehicle warranty is designed more often for the major problems if they arise, but taking your car in for oil changes, 10,000 mile check ups, etc., your will have to come up with money for the services.

There are definite advantages to having the vehicle warranty especially if it is on a new car. Cars “become” extremely expensive when you have a major mechanical problem. The newer model cars are built with more technology and therefore tend to be more expensive to fix with the new equipment needed to fix the problem. This means that a person who has been in an accident or has a major mechanical problem may not have the finances for repairs without having the vehicle warranty.

Let’s look at an example: The New Beetle. This car not only has a small engine with German technology, but most of the parts are extremely expensive. When you own one of these cars and need to have a moderate work done on it, most likely it will be not less than $600 dollars depending on what is wrong. Some simple hose repairs can be close to $300 for the labor as well as the parts because of the complicated engine design so the service people are spending significantly more time working on it.

Not all cars are like the above example certainly. Some of the older cars are still fairly inexpensive to fix depending on the mechanical condition. They have simpler engines without all the advanced technology implemented.

So are vehicle warranties important? I would conclusively agree that vehicle warranties in this day and age are needed, especially for the newer vehicle. Without having someone to help pay for the work needed on the vehicles of today you may have to spend more on mechanical issues than you can afford. While the vehicle warranty may seem expensive its potential makes the fee worthwhile every month. We may not realize it when we are sitting in the office going over the monthly payments and the total vehicle cost, but if you pause for just a moment and realize the expense of what could have versus the cost of the warranty if it happens then you will find vehicle warranties do serve a purpose.

Source: http://www.abccarparts.com/