Mitsubishi Motors Company began in 1917, headquartered in Tokyo. Today, the brand is primarily owned by Nissan and has manufactured popular models such as the Outlander, Lancer, and Mirage. The company continues to battle fuel mileage discrepancy reports, which allege the company has given inaccurate information on fuel consumption since 2002. Regardless, Mitsubishi continues its commitment to innovation with regards to the engineering of its vehicles.
The Mitsubishi warranty provides coverage for 10 years or 100,000 miles under its powertrain policy, which beats out warranties from its competitors by 5 years and 40,000 miles. This extensive coverage aligns with the changing trend of vehicle owners who are keeping their cars for longer periods of time. However, for drivers who put a lot of mileage on their vehicles, this policy may lapse while there is still life left in the car.
To avoid this from happening, a vehicle service contract (commonly referred to as an extended warranty) includes coverage for vehicle repairs after the original warranty is expired.
Average Repair Costs for Mitsubishi Vehicles
Why invest in a vehicle service contract (commonly referred to as an extended warranty)?
The need for vehicle repair can be unpredictable, which means a malfunction or breakdown can happen at any time. Nothing is worse than learning your vehicle is no longer covered while it’s in the shop for repairs.
Since the majority of us rely on our vehicles as our prime mode of transportation, being without is not an option. If our brakes go out or a radiator hose needs replaced, this can easily total a few hundred dollars, if not more, based on the sample chart below. This may not be expenses normally budgeted for a monthly basis. Even if you have emergency savings, it still is a financial hit that could be otherwise avoided.
|Timing belt replacement||$242 to $1,144|
|ABS wheel speed sensor replacement||$129 to $1,521|
|Radiator hose replacement||$82 to $512|
|Valve cover gasket(s) replacement||$59 to $831|
Choosing a Vehicle Service Plan
A vehicle service contract (commonly referred to as an extended warranty) can provide peace of mind as you plan for the lifetime of your vehicle. Odds are, at some point down the road, you will need to take your car into the repair shop. Will you be covered when this happens or will you be paying for it directly?
Explore the extended coverage options you have with one of our policies. We have plans tailored to the stage of life your vehicle is in, plus customization options to meet individual needs. Get a free quote and speak to one of our representatives to cover any questions you have about our policies and the value they provide.
Don’t be caught off guard due to the high cost of vehicle repairs. Instead, prepare for the future and protect yourself against the unexpected.
*Estimates from Repairpal.com