Anyone who has tried to purchase a new or used vehicle in the last few years can tell that prices have skyrocketed. People are paying more than ever for new and used cars, even via secondhand sales. Buying a new car is even worse, and you aren’t going to pay what you paid many years ago. Not only is volume low—you’ll notice few new cars in the lots of dealerships—getting essential parts to even manufacture cars (like semiconductors, etc.) is becoming harder and more expensive for manufacturers.
These price increases on new cars have led people to the used market, which is why there are also so few used cars on lots these days. This decrease in supply, combined with a significant increase in demand, has led to a massive surge in used car prices. If you have an extra used vehicle to sell, this is great news for you, but this is not the case for most everyday Americans. Countless people are still looking to buy a new or used vehicle, and even more have older vehicles that they will soon be forced to shell out cash for repairs or risk going into debt.
It’s Even Expensive to Repair a CarÂ
Not only has inflation pushed up the prices of new and used vehicles, but getting parts for repairs has also become increasingly difficult and more expensive. Prices continue to rise as more people seek to repair their older cars rather than pay the heavily marked-up prices on new and new used vehicles. Even if you can afford the parts, many people are being forced to wait for them to be manufactured and shipped. If you drive an imported car, the problem becomes even worse (not to mention more expensive), as parts are coming from overseas and are impacted by crises in other countries.
Getting a Loan is Often Not an OptionÂ
The bad news isn’t over yet. To combat ever-increasing inflation, the Federal Reserve continues to increase interest rates to levels not seen since the 2008 recession. While this may have some positive impacts on inflation, it also makes getting a loan much more difficult. You may think it’s a good idea to go into debt to buy a vehicle or repair your current car, but those interest rates will keep you paying off that debt for years to come if you can ever afford to.
The Most Affordable Way to Keep Your Car on the RoadÂ
The doom and gloom of inflation and interest rate hikes may scare you, but hope is not entirely lost. There is a solution that anyone can take advantage of to keep their current car on the road for longer and afford to pay nearly any repair bills that come their way.
The solution is an auto protection plan from Everything Breaks, which can cost you as little as a dollar a day.
Why Auto Protection Plans Are Your Best OptionÂ
Auto protection plans provide you with fully comprehensive coverage at an affordable rate. When an unexpected repair bill comes your way, you won’t have to worry about paying the increased price. If your car breaks down while on the road, you won’t have to worry about getting where you need to go. When something breaks on your vehicle, no matter how old it is, you can afford to repair it. You won’t have to worry about finding a new car and paying the high prices on the market today.
Auto protection plans from Everything Breaks provide you with these affordable and unbeatable benefits:
- Comprehensive coverage on more than a dozen major systems and vehicle components, including your engine, A/C and heating, brakes, transmission, axle and suspension, electrical, fuel, and even hybrid components.Â
- Coverage for all major vehicle manufacturers and vehicles up to 250,000 milesÂ
- Free rental coverage, roadside assistance, and continuation of the journeyÂ
- A fast and easy claims process with repair centers located all over the country. You get to choose the ASE-certified mechanic that’s most convenient for you.Â
- Flexible payment terms and plans that fit your budget.Â
- NO contracts, you can cancel at any time. You can even get your money back if you are unhappy (via our 30-day money-back guarantee).Â
- Other loyalty benefits the longer you stay on our plans.Â
Best of all, our plans are inflation-proof! If you sign up for an Everything Breaks protection plan today, we will lock in your rate for 30 months, regardless of how bad inflation gets. That provides you with almost three years of guaranteed protection at the same low price.
Getting an auto protection plan is the most affordable way to protect yourself against rising inflation, increasing interest rates, and unexpected repair bills that threaten to throw you into lifelong debt.
Interested in learning more about our auto coverage? Get in touch with the sales team at Everything Breaks. Make sure to ask them about how you can get free phone protection with your next auto protection plan today! Call 800-895-0842 to get started today.
