Mazda Extended Warranty: How to Get the Most for Your Money
Do you need a Mazda extended warranty? What will an extended warranty cover? How will it help you in the long run? These are all important questions that any new car buyer, or for that matter any car owner who does not currently have a warranty on their car, should ask themselves and try to find out the answers to. You have questions and we have answers. Read below to find out more about purchasing a Mazda extended warranty.
How to calculate the life of a Mazda extended warranty
Since the extended warranty begins when you buy it, the “life” of the warranty will be a little different, if you still have the initial warranty in place on your car. If you purchase a 5 year warranty, but have 3 years left on the warranty that came with your car, the “life” of your extended warranty will actually be only 2 years.
This is important because you want to make sure that you purchase an extended warranty that will exceed the life of your original warranty and that the life of the extended warranty is worth the price. So, with the above example, you would take the cost of your extended warranty and divide it by 2 years to determine if the cost is worth the reward.
Here is a simple formula:
extended warranty length / Life left on original warranty = Life of extended warranty
Then:
Cost of extended warranty / Life of extended warranty = “Real cost” of extended warranty
The “Real cost” is the price that you should look at when determining if purchasing an extended warranty is worth the money. For a new car, an extended warranty will usually always be a great option at the time of purchase, because that is when the warranty will be at its cheapest and when you will get the best deal for your money.
What you get for your money
With a Mazda extended warranty, you get the security of knowing that you have protection if something should go wrong on your vehicle. Your extended warranty will only cover what you pay for, so it is important that you read through all of the materials before signing and handing over any money. Some dealers will “tell” you what you’re getting and ask you to buy, but you need to see the contract in writing to avoid surprises when your copy of the warranty finally arrives in the mail. An excellent way to avoid all of this hassle is to purchase your warranty online.
Not only will you get to examine your options without a salesman looking over your shoulder, but it will also likely be cheaper for the exact same warranty you would have purchased from the dealer.
These are all important things to keep in mind when you are looking for a Mazda extended warranty. Although Mazda vehicles are generally good, dependable cars, it is always wise to have a “Plan B” just in case.
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