With the constantly rising auto repair costs, the necessity to purchase warranty coverage for their cars has increased among the people across UAE.
Driving without a car warranty can have several impacts, but the extent to which it can be dangerous depends on various factors such as the age of the car, its reliability, maintenance practices, and your financial situation.
In this blog, we shall discuss some of the impacts of driving your car without any sort of warranty coverage or any other protection plan.
How helpful is having car warranties?
Car warranties cover the cost of repairs for certain components and systems, reducing or eliminating out-of-pocket expenses for unexpected mechanical or electrical failures. Some warranties or extended car warranty plans include roadside assistance, which can be a valuable service in case of emergencies such as flat tires, dead batteries, or lockouts. This can help you get back on the road quickly and safely.
When you purchase a car from the showroom it always comes with the manufacturer warranty but after which the coverage period is over, you need to look for extended car warranty plans to give better protection for your vehicle.
Extended car warranties can be purchased either from dealerships or from independent car warranty providers.
Cons of driving without warranties on the roads
Rising repair costs create financial stress without the warranty plans
One of the most significant risks of driving without a warranty is that you’ll be responsible for the full cost of repairs if something goes wrong with your vehicle. This can be highly true if something happens with the important powertrain components of the car.
The resale value of your vehicle gets drastically affected
A car with an active car warranty plan often holds a higher resale value because potential buyers are interested to purchase one that is with the warranty because having the warranty plans gives the reassurance that any repairs that arise immediately after the purchase can be handled with the help of a warranty. So ultimately without a warranty, the car’s resale value might be lower.
Reduced peace of mind is the major impact of driving without warranties
The warranty provides a sense of security and peace of mind that if something goes wrong, you have a safety net. Without it, you might worry about potential breakdowns and their associated costs.
One may neglect the maintenance of their car
People often take better care of their vehicles when they’re under warranty to avoid claim rejection since they know they’ll be financially responsible for repairs if they neglect maintenance.
So without warranty packages, people may sometimes be careless and fail to maintain their car in good condition.
The quality of the repairs get affected
During the warranty period, one may get repairs and replacements needed for their vehicle done at the dealerships or the reputed network of authorized service centers approved by the warranty provider so the quality of the repairs would be of high standard whereas without the warranty one may choose local mechanic nearby which may affect the quality of the repairs your BMW receives.
Ultimately, the decision to drive without a car warranty depends on your risk tolerance, the overall reliability of your vehicle, and your ability to handle unexpected repair costs. If you’re considering driving without a warranty, it’s a good idea to have an emergency fund set aside to cover potential repair expenses and to maintain a proactive approach to regular vehicle maintenance to minimize the likelihood of major issues.
MP Warranties – Reputed provider of auto warranties in the UAE
We MP Warranties clearly know what our customers want to give better protection for their vehicles. So we always give our best to our customers through our carefully underwritten new car warranty, used car warranty and extended car warranty plans for all make and model of cars.
The best thing is that our extended car warranty plans are specifically tailored to meet your needs and budget.
Dial us at 04 286 6222 to know more about our car warranty plans.