Choosing the best extended warranty plan for your Mazda can be a tricky proposition, especially when there are so many third party providers making fantastic deals for your Mazda. For sure, an extended warranty insurance plan keeps you protected from unexpected repairs and maintenance costs, but at what cost? And just because you have an extended warranty plan for your car, it doesn’t mean that you are completely safe from any kind of damage that you may sustain for your car.
Better Safe than Sorry
It’s imperative to exercise extreme caution when selecting the best Mazda Extended Warranty Insurance for your car. You can choose to buy the extended care plan at the time of purchasing your car or further along at some point. Regardless of what you do, be prepared to ask questions and understand exactly what you are being covered for and at what price before you sign on the dotted line.
Here we provide you with a guide on what kind of questions to ask when getting yourself a Car Extended Warranty for your Mazda.
Do You Really Need It
The first thing you need to ask yourself is whether you really need to sign up for an extended warranty plan from your dealer. There are certain scenarios where signing up for an extended warranty doesn’t really make much sense. For example, say you bought a brand new Mazda and the factory warranty gives you coverage for 3 years or 30,000 miles. If you feel like you’re not going to use the car for more than three years and you don’t see yourself exceeding 10,000 miles a year, then signing up for an extended care program really doesn’t make any sense for you. If you’re buying a used car, you need to check if the vehicle is covered by insurance.
What is Covered
You need to be very clear about what is covered and what is not, so that you don’t end up buying an extended car warranty that really doesn’t cover for any repair or maintenance that you would actually require
Factory or Third Party
Extended car warranties are generally of two types. The first one is the factory warranty, which is provided by the manufacturer. The other one is the third party warranty or aftermarket warranty, which is provided by independent service providers. These are cheap, but they need to be checked out and verified thoroughly to check on what kind of coverage you are getting. You are at risk of getting scammed if you are not careful when selecting a third party warranty. Factory warranties are a bit more expensive; however, they have a much better track record in terms of reliability and service quality. If you’re going for a third party extended warranty program, choose an agency based on their previous track records and customer reviews. Apart from car warranties, such agencies may also provide other financial services such as Car Finance for Mazda Bad Credit Owners.
Do check on the warranty’s deductible before you buy the extended warranty. Apart from the amount of money you spend on it, you need to verify whether it is implemented per visit or per repair. Opting for a “per visit” option would save you a great deal of money, especially when you are making several repairs for your vehicle on the same day.
Can Your Warranty Be Transferred
Another matter that needs to be clarified is whether the warranty is transferrable. Some warranties expire when the car is sold to another buyer. Always opt for a transferable warranty as it enhances the selling potential of your vehicle.
You need to check whether the repairs for your Mazda can be executed at any service centre. Some warranty programs will provide repair coverage only at the dealer from where the car was purchased. This can be a problem for you if your Mazda car needs to be serviced when you are far away from your dealer.