Extended Warranty Info
Extended Warranty Facts: Protect Your Vehicle the Right Way
As a new or future vehicle owner, you may receive numerous solicitations from companies such as CarShield, Endurance, and other third-party warranty providers offering extended warranties. This information is available to them from the Tennessee Department of Motor Vehicles immediately after your vehicle is registered. If you did not purchase an extended warranty at the time of your vehicle purchase, we want to provide you with important facts to help you make an informed decision.
Key Considerations About Extended Warranties
1. Coverage Differences
Extended warranties sold online may seem less expensive, but they often offer limited coverage compared to the comprehensive protection provided by Global/Plateau warranties at Jenkins and Wynne.
2. What’s Covered vs. What’s Not
Many third-party warranties focus only on what they cover, which can be misleading. Global warranties clearly outline what is not covered, making it easier to understand your protection. Many warranties that appear extensive still exclude essential repairs.
3. Repair Delays
Many repair facilities do not release vehicles until payment is received from an extended warranty provider. This can cause significant delays in getting your vehicle back.
4. Dealership Acceptance
Most dealerships, including Jenkins and Wynne, do not honor warranties from many third-party internet providers due to payment and coverage issues.
5. Hassle-Free Payment
Global/Plateau warranties pay claims via credit card, ensuring that repairs are accepted at all dealerships without delays.
6. Quality of Repairs & Parts
Third-party warranties may require you to visit independent repair shops that use aftermarket parts. Global/Plateau warranties ensure your vehicle is repaired by factory-certified technicians using genuine OEM (Original Equipment Manufacturer) parts designed specifically for your Ford, Lincoln, or Honda.
7. Expert Technicians
Repairs are completed by technicians who specialize in your vehicle’s brand, ensuring the best repair quality. General mechanics working on multiple brands may lack the expertise needed for your specific vehicle.
8. Breakdown Assistance Anywhere
If you experience a breakdown while traveling, Global/Plateau warranties allow you to take your vehicle to any dealership or approved repair shop. Global also negotiates repairs on your behalf and covers rental car expenses on covered repairs if your vehicle must be kept overnight.
9. Misleading Solicitations
Even if you’ve already purchased an extended warranty, third-party companies will continue to solicit you because they don’t know whether or not you have coverage. You may receive texts, emails, and phone calls when your vehicle is nearing the end of its factory warranty.
10. Out-of-Pocket Costs
Many third-party extended warranties cover only a fraction of the repair costs, leaving you responsible for the difference. Most dealerships, including ours, require customers with third-party warranties to pay upfront and then seek reimbursement from their provider.
11. Value vs. Cost
While lower-cost warranties may seem appealing, they often offer substantially less coverage and come with hidden limitations. If you receive an extended warranty offer, we encourage you to bring it to us for a side-by-side comparison with our Global/Plateau warranties.
Why Consider an Extended Warranty Now?
Extended warranties provide peace of mind by covering repairs after your factory warranty expires. As vehicles accumulate miles, wear and tear increases the likelihood of necessary repairs. By purchasing an extended warranty today, you lock in coverage at today’s prices, regardless of future repair cost inflation.
We’re Here to Help!
We hope this information has helped clarify the differences in extended warranty options. Our Finance and Insurance (F&I) team is happy to answer any questions or compare Global/Plateau warranty coverage to other providers.
For over 40 years, Jenkins and Wynne has trusted Global/Plateau warranties because they consistently prioritize consumer-friendly policies and high-quality repairs with OEM parts.
If you’re interested in learning more about extended warranty options, please call us at 931-538-7000 and ask for an F&I Manager, or you can email us at Sales@JenkinsAndWynne.com.