CBS MoneyWatch named the Honda Accord one of the best new cars for 2017. Kelley Blue Book editors lauded the newest model for its low ownership cost, resale value, and dependability. It’s also been given a greenlight from drivers due to its comfy ride, sleek interior, and roomy seats. It’s safe to say, the Accord is one of the most popular models on the market today.
These midsize vehicles come with a standard 3-year, 36,000-mile basic warranty or a 5-year, 60,000-mile powertrain warranty. However, with the advancements of modern automobile manufacturing, vehicles last much longer than years past. They are more durable and reliable, which is good news for car owners. Although, this also means the original Honda Accord warranty coverage may expire well before major repairs are needed.
A lapse in coverage translates to unexpected out-of-pocket expenses for car owners when the inevitable occurs. As a vehicle ages and the mileage increases, the function of individual parts begins to decline in performance. Inevitably, repair or part replacement will be required.
Vehicle repairs for the Honda Accord average around $400-$600* for parts such as a starter, timing belt, or alternator. These are repairs that cannot be delayed, since nearly everyone relies on their vehicle on a day-to-day basis. This leaves many in a difficult situation financially and transportation-wise.
Also, keep in mind the estimated cost doesn’t necessarily include the associated expenses of a vehicle repair, such as labor, towing, and rental car needs. With a vehicle service contract, members have these costs covered under their plan. There is 24-hour roadside assistance available as well, so that drivers never have to feel stranded.
Vehicle service contract eligibility is based on each car’s make, model, year, and mileage. Plans vary to accommodate different driver needs and are designed to fit into most budgets. Find one that meets your individual needs and find peace of mind knowing your vehicle will be covered for repairs when you need it most.
*Estimates from repairpal.com
A Vehicle Service Contract (VSC) is often referred to as an “extended warranty,” but it is not a warranty. A VSC does, however, provide repair coverage for your vehicle after the manufacturer’s warranty expires. A VSC is a contract between you and a VSC provider or administrator that states what is a covered repair and what is not.