What Exactly IS An Extended Vehicle Warranty?
Yesterday, we discussed the coverage that the Toyota warranty has, including ToyotaCare. The Toyota warranty covers your powertrain, basic components, rust-through, emissions, and your hybrid parts. ToyotaCare is your basic maintenance (oil change, tire rotation, and multipoint inspection). Today, we will focus on the practicality of extended vehicle warranties, also known as a vehicle service agreement. A vehicle service agreement is designed to offer peace of mind, in that it extends the length of time a customer can receive this all encompassing coverage of your vehicle service. Many people believe that you should wait to purchase an extended warranty, thinking that it is counterproductive to have two warranties simultaneously. On the contrary, extended warranties are based upon the vehicle’s age and mileage. In fact, the newer the vehicle, the lower the cost of the service agreement, so buying the extended vehicle warranty along with your new car locks in the rates at a lower price. The cost of waiting is much higher than the cost of an extended vehicle warranty. You may believe that the little things that may go wrong with your vehicle will not cost as much as the vehicle service contract. In reality, one major system could fail, and make the contract worthwhile in just one visit to Milton Ruben Toyota. The longer you wait, the higher the cost, so now is the time to cover your vehicle and your wallet with any of our extended warranty plans. Stay tuned over the next few days, as we will go into detail about the extended vehicle warranty levels, and what each one covers. The information we post will be sure to make your choice easier when purchasing the extended warranty that is right for you.
