Those who buy used cars are faced with the decision of whether or not to purchase a vehicle service contract, which would mean a slight increase in monthly payments but peace of mind when it comes to costly auto repairs.
When searching online for some answers to this question, I came across GWC Warranty reviews, which highlighted some of the benefits of having a vehicle service contract. The individuals writing these GWC Warranty reviews seemed to really be happy with their decision and have saved tons of money on auto repairs.
Upon further research, I learned just how costly some of the most common auto repairs can be. The parts are one thing, but when you add the expense of labor, we’re talking hundred or even thousands of dollars.
Here are some of the numbers I found on the costs of common auto repairs:
- A radiator replacement will cost about $500
- Replacing a water pump is anywhere between $300-$750
- Head gasket replacement cost $1,000-$1,500
- A suspension system replacement cost $1,500-$3,500
- A transmission replacement cost $1,500-$3,000
Paying these repairs out of pocket after an unexpected breakdown or issue can result in a hefty bill. But with a vehicle service contract you can reduce that large, lump-sum cost drastically by paying a monthly premium that fits your budget.
A vehicle service contract isn’t going to save you from the cost of every repair but it will cover most of them, especially the very expensive ones. If you want to learn more about used vehicle purchases be sure to check back with our blog, or you could always go online and read GWC Warranty reviews yourself to see what people are saying about vehicle service contracts.