What is a Motor Warranty?
For any car owner who takes pride in their car, a motor warranty is a must. It is staggering to think that 50% of motorists owning a car do not know if their car has a warranty plan or what kind of after-sales support can be expected. This applies across the spectrum and is not limited to gender, province or race. It has become clear that we need to familiarize ourselves with what we are signing for and what we should be getting.
A motor warranty is specifically designed to cover mechanical reakdowns up to a certain amount, so it is, essentially, insurance for your car.
Common items that may be covered by a warranty include the engine, gearbox, electric components, as well as many other key components to keeping your vehicle in good running order. Third-party motor warranties might also come with the added benefit of roadside assistance, care hire whilst your car is being repaired, as well as funeral & personal accident cover, but not all do.
Lastly, note that warranties don’t cover consumables, the cost of computer diagnostics, and do not cover any aspect of normal wear and tear, environmental damage (such as dents, stone chips to the paintwork and cracked windscreens), damage due to natural disaster or hail or fire, or damages that occur due to negligence, accidents or collisions. Should you be interested in a product may assist in keeping your car in showroom condition follow Apex Body Care.
Make sure that you read and understand your motor warranty benefits and familiarise yourself with what is covered and what is not. And remember there is no such thing as a stupid question: if you are unsure, ask. Examples are : Which vehicle parts are covered by this warranty? How long is the warranty valid for? If the vehicle is not serviced on time, how long until your warranty is cancelled?
As the owner of the vehicle, your sole responsibility is keeping your car in good health. It is very, very important to know the terms and conditions you are agreeing to. Understanding the policy you own is just as important as understanding your vehicle and not only will it keep you and your loved ones safe on the roads, but could save you a lot of frustration and expense in the future.
The above is not financial advice and should not be construed as financial advice.
Contact Apex today and we will help you find the right product for you.