A motor warranty is a contract that covers repairs and maintenance of a vehicle for a specific period or mileage, typically provided by the manufacturer or a third party.
Repair Coverage: Covers the cost of repairs, reducing unexpected expenses.
Peace of Mind: Provides assurance that major repairs will be taken care of.
Maintenance Support: Often includes routine maintenance services.
Increased Resale Value: Can increase the resale value of the vehicle if the warranty is transferable.
Cost: Can be expensive, especially for extended warranties.
Coverage Limits: May have exclusions and limitations on what is covered.
Service Restrictions: Repairs may need to be done at authorized service centers only.
Complexity: Understanding the terms and conditions can be complicated.
