What’s That Knocking Sound Your Car Is Making?
At some point or another we’ve all experienced that awful knocking sound a car makes when something is about to pack up! It sounds like, well it sound like “cash”! Cash we don’t really have lying around, which we’re going to need to find in order to sort the issue out. But thankfully there is a way to avoid this anxiety altogether, and it’s not going to break the bank either.
Unless you are driving a new car, with a motor plan
, there is always a chance that your car is going to suffer a mechanical breakdown of some sorts. Gradual wear and tear always leads to some type of part breaking or giving away eventually, right? It could be a gearbox, the electrics, or even an issue with the engine.
And so you are left with a decision to make:
- Do you accept the risk and if you experience a mechanical failure you deal with it
- Or you decide to cover that risk
But the problem with trying to run the risk (Option A), is that if something does go wrong with the car, that unplanned cost could be R50 000. The question then is, do you have the money to get the car fixed? Most of us don’t have that type of cash lying around, and if we do, we certainly don’t want to be spending it on a new engine part.
A much smarter option is to look at a Motor Warranty Plan
A Motor Warranty Plan
is an insurance product designed to mitigate exactly the type of risk we are talking about – your car experiencing an unforeseen mechanical breakdown.
The cool thing is that it’s not an overly complicated type of insurance product. The policy is broken down into basic sections of cover and the policy is priced according to the age of your vehicle, the mileage you have on the odometer and the level of coverage you want.
Provided you keep your vehicle serviced, on a regular basis (this is key otherwise the insurer could argue that the mechanical failure was due to negligence) and the component that has failed is covered in your policy, you have a valid claim.
Perhaps you’ve decided a new car isn’t a good idea at the moment and you are going to get as much mileage out of your current vehicle as possible. If that is your decision, driving an older vehicle will put you at risk of having a mechanical failure. For a couple of hundred bucks a month, wouldn’t it be a wiser choice to cover that risk?
Thanks for taking the time to read this article. Are you in the market for a quote? Apply now
The – IHound