New and extended vehicle warranties are designed to pay for expensive repairs to your Nissan so that your finances are not crippled.
There is always a huge question mark over whether it is better to purchase a new or used motor vehicle. Some pundits insist that it is better to purchase a new motor vehicle, while others believe that a newer used vehicle is the way to go. So, is it better to purchase a new or a newer used motor vehicle? In my opinion, one of the biggest deciding factors between the two options is the warranty that comes with a car. A new vehicle comes with a manufacturer’s warranty; however, once it has expired, you have to either repair the car yourself, or you need to purchase an extended warranty.
What is a vehicle warranty?
Any newly manufactured item comes with a limited manufacturer’s warranty. In other words, if the item breaks within a certain time frame, the manufacturer will either repair it or replace it without charging you for the repairs or replacement. The same applies to the manufacturer’s warranty that comes with every new car. The vehicle’s manufacturer guarantees to pay for repairs to your new car’s electronic, mechanical, and electronic parts for either a period of time or limited mileage.
Once the manufacturer’s warranty expires, you have the option to purchase an extended warranty. Actually, you have the option to sign up for an extended warranty at the time of the purchase of your vehicle; however, it only comes into play once the manufacturer’s warranty has expired.
How to decide whether you need to purchase an additional warranty
Should you decide to purchase a new Nissan motor vehicle to leverage the maximum benefit from the manufacturer’s warranty, you are still going to have to put a plan of action into place for when the manufacturer’s warranty expires. Are you in the position to pay cash for any repairs, or do you need to take out an extended warranty?
This is not a light decision to take as the consequences of making the wrong decision can be expensive. In my opinion, the best way to make an informed decision is to conduct some research into the topic. Here are a few snippets of information to get you started.
New and newer used Nissans come with a manufacturer’s warranty; however, it is a good idea to purchase additional warranty insurance to cover expensive repairs after the standard manufacturer’s warranty has expired. Our extended warranty is a type of Nissan new car warranty in Australia.
Talk to the finance experts at the dealership where you intend to purchase your Nissan from. They are skilled and knowledgeable about all matters pertaining to warranties and insurance policies. Finally, use Google to read up on what people are saying on the relevant discussion forums. You will soon get a good handle on whether the warranty you are considering signing up for is good or not.
The information contained in this article is just the tip of the iceberg. Should you require more information, or would like to purchase additional warranty insurance, check out this website. Have fun and enjoy your new Nissan!