Beware of The Increasing Costs of Vehicle Repairs
It wasn’t that long ago that a fairly handy and determined automobile owner could do most of their own vehicle repairs. Need to replace an alternator? Easy — grab a repair manual or look the information up online, pick up the necessary replacement parts, and take a few hours in your own garage or backyard to complete the work.
But what if your new vehicle’s infotainment screen suddenly stops working and goes black? Well, that’s a whole lot more complicated.
Vehicles today are more complicated and specialized than ever before, and that is a trend that isn’t going to slow down any time soon. While these changes have made them more fun and luxurious, it has also made them more difficult and expensive to repair.
Here is a list of some unexpected vehicle repair claims that you may run into:
- Running board motor: $1,200
- Front radar obstruction sensor: $1,600
- Instrument cluster: $3,650
- Navigation/infotainment system: $5,900
- Blindspot monitor: $2,200
- Rear electric door lock failure: $1,300
- Back-up camera: $650
- Side-view mirror cameras: $1,050
For more information about repairs to watch out for, check out this useful database from the website CarMD.
Not all car brands are the same
It has become common in the age of the internet for drivers to research vehicles before buying them. The information that people are finding on vehicle reliability is changing the industry.
To put it simply: some vehicles break down more than others do, and some vehicles cost more to repair. For example, if you have a Ford F-150 (the best-selling vehicle in Canada) it is a lot easier to find original factory parts or aftermarket parts for it in comparison to something like a Jaguar F-Pace. To phrase this another way, the total cost of vehicle ownership can vary a lot from brand to brand or model to model.
Security against unexpected vehicle repairs
Adding an extended warranty to your vehicle could save you a lot of money down the road.
Obvi’s extended warranties are built to factor in these (sometimes huge) differences. That’s why we price all vehicles uniquely. Our costs to settle repair claims varies from vehicle to vehicle, which is why our prices vary from vehicle to vehicle. If your car, truck or SUV is proven to be reliable and easy to fix, then you can enjoy low rates for a warranty.