New cars come with factory warranties that only last a few years or a certain number of miles. After the years and miles have gone by, you’re left with no protection against expensive automotive repairs. Having an extended warranty is all about protecting yourself from putting a hole in your wallet when it comes to unexpected automotive repairs.
Extended warranties can benefit the owners of popular vehicles such as the Ford Explorer, currently named North American Truck of the Year and considered one of the most popular sport utility vehicles to date. Introduced in 1990, the Explorer managed to popularize the then-fledgling sport utility vehicle segment. The current Explorer features seating for seven passengers, full time four-wheel drive, two powerful and economical engine choices and a vast number of convenience and performance features.
In spite of the Explorer’s relatively good track record in regards to reliability, this vehicle is still subject to the unexpected mechanical issues that may pop up over the course of the vehicle’s lifetime. This includes the possibility of transmission failure due to wear or overheating, engine problems stemming from bad head gaskets or a stuck thermostat, or the premature failure of the vehicle’s four-wheel drive system and differentials. These problems tend to be very expensive to correct and most owners don’t have the money set aside to handle these problems in a prompt manner.
Having an extended warranty can help save you money on unexpected automotive repairs. A small monthly fee is all it takes to have your Ford Explorer or any other vehicle covered under an extended warranty program. With the warranty, you won’t have to worry about coming up with thousands of dollars for emergency repairs – just a small deductible is needed, plus you get to choose the shop that repairs your vehicle.