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  • Reasons Why You Should Purchase An Extended Warranty For Your Brand New Volkswagen

    Published on September 6, 2019

    Every car should be considered an investment! With the amount of money you’re spending on a new vehicle and considering you are using the vehicle to improve your quality of life, why should it not be considered an investment? With the prices that Volkswagen charges, this is definitely the approach you should be taking. There is no doubt that VW is in a class apart from other manufacturers, but are you truly getting the most value for your money?

    One way of securing your VW investment is to ensure you are going through scheduled maintenance and using quality oils and lubricants in your car. However, wear and tear is an inevitable part of owning a car, and securing your investment against wear and tear is also important. The best way of doing this is to opt for an extended warranty!

    While the standard warranty may seem generous, a VW extended warranty truly protects you from exorbitant repair costs that would come up due to wear and tear. Most issues that give rise to these exorbitant repair costs tend to pop up after the standard warranty expires. We will provide you with how this is the case below. 

    This article will provide details on the VW extended warranty and the numerous reasons why you should opt for one. So without further ado, let’s get started!

    VW’s STANDARD WARRANTY

    VW’s standard warranty is advertised as the “New Vehicle Limited Warranty” which provides coverage for 3 years or 36,000 miles, whichever comes first. This warranty applies to every new Volkswagen vehicle sold in the United States. From 2002-2008, VW’s standard warranty offered a little more than the current standard warranty, where the coverage ranged for 4 years or 50,000 miles, whichever came first. 

    However, regardless of the finer differences, it should be noted that the coverage offered by VW is pretty much standard practice in the industry for any halfway decent car manufacturer. In fact, many consumers get confused thinking that the standard warranty would be a legal obligation, even though the law does guarantee protection to consumers in these cases.

    The warranty covers the entire vehicle, bumper to bumper, which includes tires as well (something all car manufacturers don’t do). Unless it is caused due to a manufacturing defect, any cosmetic wear and tear are not covered under the warranty. Repair costs will obviously fall under the warranty and you won’t have to pay for labour costs either.

    VOLKSWAGEN EXTENDED WARRANTY

    When compared to the New Vehicle Limited Warranty, the VW Extended Warranty offers much more and does so under 4 different options, all with different payment features, making it more accessible and affordable for a wider economic demographic. The most economical option is called the “Powertrain Limited Warranty” which protects your car for 5 years, or 60,000 miles, whichever comes first. The warranty isn’t bumper to bumper, but it does cover three critical assemblies, the Engine, Transmission, and Transaxle/Drive Axle. Coverage includes costs for parts and labour if the issue is due to a mechanical defect, and if the issue is due to wear and tear, then the cost for parts (only) is covered which is still a significant amount of coverage.

    The next three levels of coverage have been creatively (not so much) called the ‘Silver Plan’, ‘Gold Plan’, and ‘Gold Extended Plan’. Silver offers everything under the Powertrain Warranty and adds on by offering coverage for Steering, Brakes, Air Conditioning, Front Suspension, and Electrical Systems. The Gold option goes a step further than the Powertrain and Silver plans by providing additional coverage for ABS parts, 30+ additional electrical components, oil pan, and water pump pulley. Finally, Gold Extended adds on so much coverage for the car that it might as well be considered as full coverage.

    Fluid and oil costs associated with repairs are also covered under the extended warranty.

    REASONS FOR CONSIDERING THE EXTENDED WARRANTY 

    Statistically, most issues pertaining to critical components come up after the 40000-mile mark, and the standard warranty expires way before you reach that threshold. Repair costs for critical components can go into the thousands, with more being added on when you factor labour costs. Both these facts render the standard warranty useless, as they do not offer any practical coverage whatsoever, If you were to have any defect in your car before the expiry mark, which is unlikely with a car of VW’s calibre, only then would you be protected. 

    Furthermore, you have additional facilities which include a $75 per day meal, lodging and transportation coverage (capped at $375 per incident). There’s also a towing reimbursement of $75.

    If the financial implications aren’t reason enough to consider the extended warranty, then there’s also the convenience factor. Access to more than 5000 VW service centres is guaranteed under the extended warranty. You’ll get further perks if you visit the dealership you bought your car from.

    Even if you were to ignore the convenience and ease, the economic and commercial implications are more than enough reason to consider purchasing the extended warranty.

    CONCLUSION

    Nobody likes unexpected expenses. Suddenly having to deal with a $4000 repair bill, along with not having a car to move around, can be a stressful experience. Also, financial stress is the worst kind of stress which has been found to affect other aspects of an individual’s life, including family and children. The level of coverage offered under the extended warranty will keep you protected from these unexpected expenses and preemptively manage the stress in your life.

    There is also the convenience factor to consider. You won’t have to worry about finding a reliable mechanic as the repairs would be covered by trained and approved VW personnel. Your car’s resale value also significantly goes up when potential buyers will see the car has been maintained by the same authorized personnel of VW.

    However, before you decide to purchase, it’s best to speak to your local dealer to check the specifics and ensure that you are getting everything you paid for! Read the documentation thoroughly before signing and get everything from the company in writing.

     

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