New vehicles continue to catch the attention of tech-savvy drivers through technological advances such as self-parking, blind-spot collision avoidance assistance, and wireless device charging. Although these new updates make driving easier than ever, can they end up increasing costs when visiting local repair shops?
Even the newest vehicles need to be actively maintained, and without the proper extended warranty, these expenses can add up to thousands. However, with the launch of Endurance’s newest protection plan, EnduranaceAdvantage™, you can experience Endurance breakdown protection and maintenance coverage all in one.* Keep reading to learn more about current options for high-tech cars and how you can save money today.
Why Would High Tech Vehicle Be More Expensive?
Newer vehicles at your local dealership today are considered to be more expensive to maintain due to the sudden uptick in high-tech features that are being used compared to older models.
As one may expect, if the cost of production rises for an object, it’s retail price will also increase. The trade-off for owning a luxury car packed with cutting-edge technology is typically the price tag.
High tech vehicles have safety features, collision warning systems, blind-spot monitoring, and more that increase repair costs over time. However, there is an added benefit to owning a high tech vehicle since they are known to last longer than the standard lifespan.
This means that your vehicle may not even need to be repaired as consistently as with a standard vehicle. Though, what about when it does? To put it into perspective, a part many vehicle manufacturers are including as a standard is Advanced Driver Assistance Systems (ADAS). This system comprises a number of sensors that help prevent crashes with blindspot awareness and back up warnings. It has been estimated that even a small fender bender could result in a repair cost that is $3,000 more than a vehicle without ADS.
If your vehicle experiences a car accident, the tiny sensors built into the vehicle may need to be repaired, which may not be covered by your insurance company.
Examples of High Tech in Vehicles Today
High-tech featured today completely eclipses that of older vehicles from a decade ago. One such technology is automatic emergency braking (AEB). By using radar and cameras, the vehicle can assess the road in front of it and determine how to avoid a potential collision.
If a driver doesn’t seem to be taking action to avoid that collision, the AEB system will automatically start to brake the vehicle.
Some vehicles also utilize cameras to improve overall driving decisions. Audi vehicles, for example, feature an adaptive cruise control that analyzes the space around your vehicle with over 30 cameras and components. They can then regulate the cruise control speed and distance from the vehicle in front of it.
If any one of those cameras or components is damaged in an accident, the whole adaptive cruise control system might need to be repaired. That’s not even mentioning newer driverless vehicles in development, such as Tesla models.
While these driverless vehicles promise to improve road safety, repairing the tech within them in the case of an accident is a far more technical job than standard car repairs.
High Tech Repairs vs. Standard Repairs
There’s one big factor that makes owning a high tech vehicle more expensive to maintain beyond the repair cost itself: high tech vehicles still use many of the same parts as standard vehicles.
While an ADS sensor may be compromised and need to be repaired, a high tech vehicle may still need an engine tune-up, windshield replacement, or wheel alignment. Essentially, high tech vehicles use more technology to change the driving experience, but this also adds on more opportunity for maintenance or repairs to be needed.
Are High Tech Vehicles Costlier in the Long Run?
Certain high-tech features, such as sensors on side mirrors and throughout the body, can save you money in the long run by avoiding huge collisions. All of these advanced safety systems and other technologies help prevent costly, expensive repairs that may result from a serious accident.
As for the costs associated with repairs that overlap with standard vehicles, periodic tune-ups can serve as preventative maintenance that reduces the likelihood of those repairs even being necessary.
In the end, owning a high tech vehicle may be beneficial to avoid car accidents. As for the costly repairs, an extended warranty can cover the costs and all you’ll be required to pay is your deductible.
Do Extended Warranties and Auto Insurance Cover High Tech Cars?
With the technology used in vehicles slowly beginning to become more modern, auto protection pricing is slowly changing as well. Paying out of pocket for any of the above expenses can be difficult, so having coverage for your high tech vehicle is essential.
Unfortunately, not all providers cover high tech vehicles, or they offer only partial coverage. When it comes to high-tech vehicles, partial coverage may not be good enough in the case of an accident.
Look for extended warranties that cover all types of vehicles, regardless of the advanced tech or complexity of your vehicle. A package such as EnduranceAdvantage™ provides all-around coverage you need, no matter what type of vehicle you own.
Cover Costly Repairs With EnduranceAdvantage™
While high tech cars may serve you better in the long run, small and costly repairs may cause you to second guess your purchase decision. Choosing to invest in an extended warranty plan can help take some of this burden off your hands.
With EnduranceAdvantage™, you will have the coverage you can count on in a crisis. Our Prime and Plus packages are affordable options that can cover your high tech vehicle.
An added benefit of purchasing an EnduranceAdvantage™ is the one-year free Endurance Elite Membership deal, giving you access to benefits such as 24/7 roadside assistance and everyday driving perks. To protect your high-tech vehicle from expensive repair costs, fill out their free quote form, and find a plan that works for you today.