Whether it’s due to an accident, a mechanical failure, or some other issue, there comes a time when your financed car breaks down. It’s a scary prospect, but there are several options available to help you get back on the road.
The best option depends on how much you owe and the vehicle’s value after repairs. If you’re underwater, you have fewer choices and could hurt your credit.
Research Your Warranty Coverage
Getting a car fixed can be expensive, especially if it breaks down suddenly. To help avoid this, it’s important to find out if your vehicle is covered under warranty.
Often, new cars come with a manufacturer’s warranty that lasts for a specific amount of time or mileage. This is good news because it ensures you won’t get a faulty product out of the gate.
However, this coverage may not apply to everything you need. Some major parts might only be covered if you have had them serviced by the manufacturer or a third party.
You can check the warranty on your car by calling the dealership where you purchased it and providing them with your Vehicle Identification Number (VIN). They will be able to look up the warranty and let you know whether or not it’s still valid.
Regardless of the warranty, it’s important to keep up with routine maintenance, and this includes keeping detailed records. Failure to do so could void your warranty or make it difficult to claim. This is particularly true of extended warranties, or vehicle service contracts.
Look into Roadside Assistance
No one can plan for a car breakdown, but having a roadside assistance program in place could make the situation a little bit easier. This service is offered by many companies and can be purchased through your auto insurance company.
In addition to helping drivers get back on the road quickly, it also mitigates the cost of a broken down vehicle. It can be a significant expense to hire a tow truck, but it may be covered by your roadside assistance plan.
You can find a variety of roadside assistance plans through the Internet, your auto insurance company or by calling your credit card issuer. It’s important to look into all of these options and choose the one that best suits your needs.
Regardless of what you choose, it’s important to understand what types of services are included in each plan and how much it will cost. Some provide fuel delivery, tire replacement and jump-starting, while others offer other benefits like lockout service or minor labor.
If you decide to buy a roadside assistance program, it’s best to find one that offers local mechanics. You can check reviews to get a feel for the quality of the repair shops.
Most roadside assistance programs include a certain amount of towing miles before a fee is charged. Be sure to find out how far a service will tow your vehicle, as well as whether or not you can call them more than once.
Consider Shopping Around for Repairs
Car repairs can add up fast, especially if they’re unexpected. Thankfully, there are ways to cut down on the cost of repair work.
One of the best things you can do to avoid expensive car repairs is to shop around for the right mechanic. Make sure you get several quotes before making your final decision. You may even be able to negotiate with your mechanic to get a better deal on the repair costs.
Another way to reduce the cost of repairs is to drive responsibly. Poor driving habits like slamming into potholes, riding the clutch, and hard starts and stops can wear out your vehicle’s components.
In fact, you should be able to tell when your car’s parts are going bad before it breaks down. Check your vehicle’s maintenance records regularly and look for warning signs that something is wrong.
You should also take your vehicle to the mechanic when it’s still under warranty, so you won’t have to pay for any unanticipated repairs. This can save you a lot of money on the long run.
Finally, consider using a personal loan to cover the cost of a car repair if you don’t have enough cash on hand. These loans are typically unsecured, so you’ll need to have a stable credit score and proof of income. However, you can usually find these loans with low interest rates and fees.
Get an Estimate Before Making a Decision
Before making a decision on purchasing a car, it is important to get an estimate. This will help you decide whether it is a good investment or not. It can also give you a better idea of how much it will cost to fix any issues.
Estimates are an essential part of a business, as they allow you to establish your prices and offer them to potential clients. They are also helpful in helping you maintain clear communication throughout the process.
Moreover, they can also be used to determine the feasibility of a project and whether it will yield a profit or a loss for your company. They are also a great way to build authority and win new business.
To create a winning estimate, it is important to do your research and understand the needs of the client in detail. This will ensure that you address their concerns and provide the work as per their expectations.
A detailed estimate should include all the necessary information for the client to make a decision. It should be brief for them to understand, yet complete and thorough enough to get them to agree to the project.
The process of creating an estimate can be time consuming and tedious. Therefore, it is important to use an online estimate generator to create an attractive and professional-looking estimate that appeals to your clients.
Keep Records of Any Repairs
Keeping records of your vehicle is not only useful for tracking maintenance costs, but it also helps you to avoid costly mistakes. For example, if you fail to keep track of your car’s oil change dates, you could end up paying extra money for an unnecessary service. If you’re planning to sell your car in the future, you might find it easier to get a higher price if you have records of the car’s maintenance history.
Whether you use a traditional notebook, or opt for an app like Vehicle Logbook, it’s crucial to keep a good record of your car’s maintenance activities. This will allow you to easily track and compare prices, and to make a more informed decision about which garage you should use for your next repair.
The best part is that it doesn’t take much effort to do. Moreover, you can even update the record as necessary.
To keep track of all your car’s maintenance activities, the best choice is to purchase a multi-page notebook. This can be used to record a multitude of different data points, including the date and time you had your latest oil change, the number of times your tires were rotated, and the size and parts numbers for your windshield wipers, oil filter, and air filter. You might want to add a small wallet to the front of your notebook as well, which you can use to store receipts and other important information.