How much money are you spending on your vehicle nowadays? With the labor costs on garages rising steadily since 2010, you would probably be spending up to £200 an hour when your car gets serviced by a main dealer. Of course, the cost depends on the location that you are in.
The rising cost of maintenance and repairs should serve as a wake-up call for British car owners. If you own the car and you want to avoid jaw-dropping hourly rates for garage repairs, it is time to take massive action and steer clear of avoidable costs for maintenance and repair. Buying a vehicle warranty can end up saving you thousands of pounds in the future.
What Main Dealers Don’t Tell You
Main dealers in the UK normally charge more money per hour of labor than independent garages that may be able to provide you the same, or even better, service. Some dealers do push for extended warranties when you buy a new car in order for you so that they can offer you discounts for the blown up rates in the dealer’s garage.
What they don’t tell you is that you have the right to shop around for the best warranty that you can get for your budget and choose your own garage, provided that you make use of manufacturer-recommended repairs and products. Doing so would not make the original guarantee become void. At the same time, you can also take advantage of better coverage with a different company.
Spend Today to Make Future Savings
When you buy a car and it goes past the manufacturer warranty, that becomes the time when you may expect to feel the increased rate on services and repairs. Many car owners avoid the initial cost of extending their warranties to save some money; however, many do not realize that they are making a huge financial risk when they skip the additional protection. What most car owners do not think about when they buy a car is that most cars are expected to have a mechanical failure in their fourth year, and most manufacturers only offer up to three years of coverage.
By choosing the right company to provide additional coverage for your car, you guarantee yourself that you would not be making any unplanned expenses in the future when your vehicle experiences a sudden breakdown. Having an extended warranty matters more if you believe that your car is an investment, and you want to make sure that you want to expand the longevity and reliability of your car. Spending a few hundred dollars now for a full year’s coverage would definitely mean huge savings for major car repairs, compared to spending the same amount of money for a few hours of service.
Apart from making huge savings, you also enable to plan your expenses for inevitable car parts failure and the need for towing and emergency travel. Having this foresight would allow you to prepare for emergencies that may happen on the road and when you do not have any extra money to spare. Having this protection provides you the peace of mind that you are safe to travel and that your investment is also protected even after the manufacturer’s warranty has lapsed.