When you purchase a new vehicle, it will most likely come with a warranty. After you drive your vehicle home, you might completely forget about it until you start getting notices in the mail saying that your warranty is about to end. So what should you do? Should you let your warranty expire or should you extend your vehicle’s warranty? Today we’re going to help you answer those questions.
What is the most common vehicle warranty?
Most basic vehicle warranties are somewhere around 36,000 miles/36 months, whichever comes first. The most common powertrain warranty is 60,000 miles/60 months. The good news is that once these milestones are on the horizon, you can decide if you should extend your warranty. This can be a difficult decision so we’ve put together some advantages of extending your vehicle warranty.
Benefits of Extending Your Warranty
- Extended Warranties Cover Costly Repairs
One advantage to having an extended warranty is that it will help cover costs for expensive repairs like technology issues, electrical wiring and computerized equipment. When these system fail, it can be difficult to diagnose and repair, which means a warranty can save you a lot of money and hassle.
- Dealers Take Care of Paperwork and Payment
Another advantage to getting an extended warranty on your vehicle is that the dealership, like Toyota Palo Alto, will do all the hard work for you. They will take care of all the paperwork and the auto manufacturer pays the dealer directly for services rendered. OEM-backed warranties will also usually allow you to get the vehicle repaired at any dealership selling the same brand. This is extremely convenient if you end up moving or need maintenance while you are traveling.
Read More: Should I keep my car or sell it?
These are just a few reasons why you might benefit from extending your vehicle’s warranty. If you have any further questions about how warranties work, specifically for Toyota vehicles, call or visit Toyota Palo Alto. We will be able to you extend your warranty or help you learn about other resources such as ToyotaCare.