It’s no secret that “Extended Car Warranties “ have become sort of a running joke on the internet (or meme for that matter). Anyone who owns a cell phone has had the same experience at this point. You answer a phone call from an unknown number where you’re met with a brief silence until you hear the words….
“We’ve Been Trying To Reach You About Your Car’s Extended Warranty”..
Then you hang up, all for the cycle to repeat itself within a matter of weeks or even days. Fun right? It should be no surprise when I tell you that those robo calls aren’t there to sell you anything of value let alone an “Extended Car Warranty”. But I think it’s time you learn what a REAL extended car warranty looks like & how it works.
How It Works
An extended car warranty pays for unexpected car repairs that can cost hundreds out of pocket. The warranty usually starts after the manufacturer’s warranty expires. It’s important to know that not all extended car warranties are equal. Some extended warranties will cover major components like your engine, transmission, and drivetrain, while others will only cover things like your air conditioning or audio system.
Are Extended Car Warranties Worth It?
The short answer is yes they can be. Choosing the right coverage for your vehicle is what makes the difference in your wallet. Extended car warranties are a worthwhile investment when you can find a policy that is practical. One that is willing to cover the common car repairs such as flat tires and brake pads.
Most extended car warranties often get a bad name because they overcharge you by covering rarely needed car repairs. Full warranties are guilty of this, as they charge you for all the possible repairs your vehicle might need without considering your vehicle’s history and recurring mechanical issues. The average vehicle has less than $1500 worth of repairs over a six year period, which means paying thousands of dollars a year for a full warranty doesn’t make a whole lot of sense. So here’s the key…
Buy a warranty at a low enough rate where you feel comfortable knowing that your repairs are likely to be more than that.
Do You Need an Extended Car Warranty?
Every vehicle is different, but most drivers share the same desire:
Having a functional vehicle to get from point A to point B.
The biggest benefit of an extended warranty is peace of mind. If something goes wrong with your car, you know you’re covered. That can be a big relief, especially if you’re worried about expensive repairs taking a toll on your wallet. Although newer vehicles require less maintenance and repairs when compared to older vehicles, both newer and older vehicles are vulnerable to harsh weather and other environmental risks. Whether you have a high or low risk tolerance, finding a practical warranty plan that covers common car repairs is something most drivers need.
Compare Extended Car Warranty Companies
When choosing the best coverage for your vehicle, it’s important to find a trusted provider. There are a lot of different companies out there, and it can be hard to know which one is the best fit for you. Before deciding, you’ll need to consider coverage options each company offers, pricing, and previous customer experiences.
The chart below shows the annual prices for the nation’s leading car warranty companies.
1 Year | 2 Years | 3 Years | 4 Years | 5 Years | |
Haspro | $120 | $240 | $360 | $480 | $600 |
Carshield | $1560 | $3120 | $4680 | $6240 | $7800 |
Carchex | $1308 | $2616 | $3924 | $5232 | $12000 |
Protect My Car | $948 | $1896 | $2844 | $3792 | $4740 |
Endurance | $1200 | $2400 | $3600 | $4800 | $6000 |
Most car warranty companies charge you more for covering car repairs your vehicle will most likely never need during its lifetime. Although covering transmission and engine repairs looks great on paper, the average person does not need to replace a major problem on a vehicle such as a transmission more than once in over 11 years.
The customizable plans that most car warranty companies offer are priced based on the information you provide when submitting a quote. Haspro is more transparent with their pricing and provides a low cost practical plan for all vehicles, whether it’s newer, older, electric, or gas at an affordable cost of only $9.99/month. Haspro’s plan includes very practical benefits that
every vehicle needs and saves you money over the lifetime of your vehicle. Although companies like Carshield, Carchex, Protect My Car, and Endurance provide extended car warranties with customizable plans, they charge you more for coverage you probably won’t need. Haspro provides a low cost, practical plan for everyone so you can save more and worry less.
Who is Haspro?
When it comes to vehicle ownership, Haspro has simplified the car warranty industry by designing a practical, low cost plan that fits all vehicles with no age or mileage limits. Rather than spend thousands every year on coverage you don’t need, Haspro’s plan only provides the benefits you need, including:
- Flat tire replacement
- Glass
- Towing
- Car rental
- Brake system
- Electrical
- Trip interruption
- Fuel delivery
- Lock out services
- Tire services
When you purchase a Haspro plan, you’re getting so much more than just peace of mind. With our guaranteed benefits, you’ll be in a great position to handle most major car problems that could pop up down the road.
From flat tire replacement and glass repair to towing and car rental, we’ve got you covered. Plus, our brake system, electrical, and trip interruption coverage will keep you safe and sound no matter what happens. And if you ever run into trouble on the road, our lock out services and fuel delivery will get you back on track in no time.
Who Should You Choose?
If you’re looking for a plan to protect your vehicle at an unbeatable price, Haspro is the way to go. Our month-to-month plan is the most affordable on the market, and you can cancel anytime with no risk. Haspro brings you practical benefits that cover the essentials while delivering the best possible value. Plus our online purchase process is fast and easy, so you can be up and running in just a few minutes. Try it!