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Is extended warranty compulsory?
The key benefit of an extended warranty is that it gives you a good protection against the failure of a major & expensive part (e.g. engine or gear box of a car). But it is also true that extended warranties are not needed in each and every case, and therefore you need to exercise some caution while going in for one.
Why is extended warranty important?
An extended warranty helps by providing warranty coverage beyond the warranty tenure to help maintain the vehicle for a longer period. The more you drive your vehicle, the more you will pay for maintenance costs and you run the risk of more repairs. Having an extended warranty saves you money in the long run.
How much does an extended warranty cost the dealer?
An extended warranty plan from the dealership will usually cost between $1,000 and $1,500. Normally, the cost of an extended warranty is tacked on to your monthly car payment. However, one drawback to is you may end up paying interest on the warranty, and it becomes more expensive in the long run.
How long does extended warranty last?
The length of the warranty varies by manufacturer, but many offer bumper-to-bumper warranties for three years or 36,000 miles, whichever comes first. Powertrain warranties may last for up to 60 months or 60,000 miles.
How long do extended warranties last?
Do dealers make money on extended warranties?
Each warranty plan a dealership sells can add up to $2,000 per purchase to its bottom line. The average dealer generally makes up to half of the selling price of an extended warranty. For example, if you purchase an extended warranty for $2,000, the dealer may make a profit of up to $1,000.
How long do I have to cancel an extended warranty?
Some warranty providers stipulate a strict time period, usually between 30 and 60 days, in which you are allowed to cancel your extended warranty without being charged any fees. Even in this case, however, you should still be able to cancel your warranty, unless your contract explicitly states otherwise.
What is the warranty on the Maruti Suzuki Vitara Brezza?
This isn’t a standard warranty, but a ‘free five-year warranty’ offer from Maruti Suzuki dealerships at no additional costs. The Maruti Suzuki Vitara Brezza comes with a standard warranty of two years and 40,000 km. It also gets an extended warranty of up to five years and one lakh kilometres as an optional extra.
What is Maruti Suzuki extended warranty program?
With Maruti Suzuki Extended Warranty program, one can avail these benefits for an extended time period. The standard warranty can be availed upto 5 years or 1,00,000 km*. To buy, Maruti Suzuki Extended Warranty, please reach out to Maruti Suzuki Authorized Dealership.
How long is the extended warranty for my car?
You can choose from 3 extended warranty plans for your car. The Royal Platinum offers coverage for 5 years of 1,00,000 km*; the Platinum extends the coverage for 4 years or 80,000 km*; and the Gold plan offers coverage for 3 years or 60,000 km*. How much will the extended warranty for my car cost me?
Is the ECM covered under the warranty?
Yes. The warranty offers coverage for your car’s high value parts, including the high-pressure pump, compressor, ECM, turbocharger assembly, steering assembly, self assembly, strut, and the engine. For warranty repairs, can I only visit the dealership from where I purchased the car?