There are a steadily increasing number of high-mileage vehicles on America’s roadways. Advancements in automotive technology have given today’s cars, trucks, and SUVs a lifespan that far exceeds that of their predecessors. However, along with longer life comes the higher likelihood that something will break down.
When a problem does come up with your that needs to be fixed, all of those auto advancements are sure to make for a bigger bill. With so many vehicles on used car lots approaching or exceeding six-digit mileage, it may be smart to consider purchasing a car warranty for cars over 100k miles.
Should I Get a Car Warranty?
For as many companies that offer extended warranties, there are variations in coverage. The most common things that these warranties cover are fuel and electrical systems, transmissions, and air conditioning systems.
When considering an extended warranty, you also need to take into account your vehicle’s mileage, as not all plans cover cars with 100,000+ miles. Some plans cover less and less as your car’s mileage increases, so if you are considering purchasing one, you should do it sooner rather than later.
Another thing you should keep in mind is added car warranty benefits. Yes, your plan covers repairs, but what happens while the shop has your car? You want an extended service contract that covers the cost of a rental car. Keep an eye out for extended car warranties that offer extras like roadside assistance, towing, rental cars, and gas delivery.
Car Warranty for Cars over 100k Miles
When considering a car warranty for cars over 100k miles, it’s as important to think about what the plan excludes as what it includes. You don’t want to purchase a plan that doesn’t cover common issues in cars with higher mileage. Check to see if your plan excludes coverage on repairs for oil leaks and other problems in older cars.
You should get familiar with your vehicle’s past. When purchasing a used car, it’s imperative to get as much background information as possible. Maintenance records and repair history can go a long way toward making an informed decision about the type of extended warranty to purchase.
Pros and Cons of Car Warranties
As you are weighing the pros and cons of purchasing an extended warranty for a vehicle with over 100,000 miles, take your time and compare plans side-by-side. Knowing the limitations of each plan will keep you from making a decision that could prove costly over time. You can learn more about extended warranties for cars over 100k miles at FindReviews.com.