Extended Vehicle Warranty | Approved Car Loans
We all know that purchasing a vehicle is an important investment, and like any other investment it should be protected. By planning now you can avoid potentially costly expenses for major repairs.
Approved Car Loans can arrange Extended Warranties for new and used vehicles, to provide you with peace of mind that your driving pleasure and security is maintained. An extended warranties provide protection in the event of a mechanical failure or defect and the confidence that comes from knowing you're protected long after the manufacturer's original warranty has expired.
Whether you buy a new or used vehicle, we can find the most flexible and cost-effective packages to suit your needs.
How do they work?
Extended Warranty is an extension of the manufacturer or statutory warranty, covering original components against mechanical failure, with the optional benefit of emergency accommodation, towing and hire car from home. A good quality extended warranty is your insurance against the cost of potential future repairs and labour.
Extended warranty coverage can be arranged at the time of purchase when you arrange your car's finance and insurance cover, or at any stage while the manufacturer's warranty is still valid. Your extended warranty begins when your manufacturer's warranty ends, so there's no overlap - you only pay for the warranty extension period.
As vehicles become increasingly complex, with sophisticated computer-assisted driving aids and high-performance engineering, repairs are also less simple. Labour hours quickly mount up, not to mention parts. Before you know it, the cost of fixing the cause of one small warning light can quickly run into the thousands. A good quality extended warranty product will protect thousands of your vehicle's components from mechanical and electrical failure with only a minimal - or even zero - excess payable.
What is covered?
Extended Warranty coverage provides comprehensive mechanical and electrical coverage for:
- Airconditioning and heating
- Engine cooling and fuel systems
- Anti-Lock brakes
- All electrical systems
- All engine management systems
- Torsions bars
- Engine mounts
- All liftgate, door & window mechanisms
- And more