From top to bottom, you are steadily driving along the coastline of the Pacific Ocean and starting to approach your destination. Thanks to one of the best sports cars in the world, you feel the full power of the V12 engine under the pedal and bathe in the wonderful luxury of a well-equipped leather interior. When the car reaches a smooth stop, and you slowly look back, it is important to think about how well your superplot is protected. Considering your huge investment in a car, insuring its condition with a guarantee of top quality quality is paramount. Regardless of whether you are planning to upgrade a new or used exotic car or want to better evaluate your options as an exotic car owner, we provide important guidance to help you navigate the luxurious warranty options.
Elements of a luxury warranty plan
Many high-class cars come with a factory-made exotic vehicle warranty that can be transferred to the new owner. It is important to determine the amount and application of cover before buying a new supercar. Regardless of whether you consider a used Ferrari or want to invest in a new BMW, warranty options should be at the center of your decision making process. Maintaining a supercar with a properly structured coverage policy is much more affordable and makes the total cost of ownership quite reasonable. Keep in mind that you always need a comprehensive insurance policy for collisions, as well as to cover third-party services, since the guarantees apply only to basic vehicle repairs.
Any high-class guarantee plan is based on mileage limits, behavioral exceptions (for example, many plans do not cover accidents due to acceleration), restrictions on the territory (the ability to drive a car anywhere), and various lengths of contract coverage, Look for a guarantee that gives you the freedom to drive a car where and when you need it — getting a reliable repair from your warranty in time requires a certified service provider in your area. For exotic cars like Maybachs, dealerships are relatively rare, which may require you to send your vehicle from the state to get certified coverage.
The structure of the plans varies by manufacturer and often includes deductions (out of pocket expenses) depending on the type of repair. In evaluating complex repair options, the extent of coverage as well as the geographical coverage of the underwriter should be taken into account. Often, guarantees for luxury cars are offered by manufacturers in partnership with third-party underwriters - make sure you know exactly who “owns” your coverage and how services are provided if necessary. If you are buying a used luxury car, check to see if there is any time left for the warranty and how the policy is structured. It is often useful to purchase after-sales warranty coverage after the manufacturers policy expires to protect your investment. Always read the fine print carefully to get the full coverage and security that a good plan describes.
After you are ready to consider your options for a new or used luxury car, check out our impressive inventory. We can help you understand your options, including warranty coverage, for the car you need.
No matter which car you decide, there are three things you should always do:
1. Get CarFax
2. To inspect the car by a qualified mechanic / work center
3. Pass through a reputable dealer.
