Even with the best-laid plans, our customers occasionally receive unpleasant surprises when they need critical auto repairs. Unexpected events can leave you without money or transportation. We know how essential your car is to your family, career, and overall well-being. For this reason, Belton Transmission & Complete Auto Repair provides Easy Pay payment arrangements to our clients. It will be easier to keep your car on the road if you know how you’ll handle unforeseen auto repairs, whether it comes from your personal money, credit cards, money from friends or family, or our payment option.
Unexpected Car Repairs: Can I Put Them Off Until Later?
It is not recommended that you put off auto repairs. Delaying repairs usually leads to more expensive repairs needing to be made. It also can put you and your passengers at risk of being stranded if a mechanical failure occurs while driving. We at Belton Transmission & Complete Auto Repair will give you honest advice on whether the recommended repairs need to be completed as soon as possible or maybe reasonably delayed until funds are available.
How Should I Pay For Unexpected Car Repairs?
Before being frightened by a hefty auto repair bill, consider your options, assess your financial situation, and determine the best ways to pay for your repairs.
1. Consider Purchasing Mechanical Breakdown Insurance
MBI, or mechanical breakdown insurance, is insurance that covers the cost of repairs for specific mechanical breakdowns. MBI pays for vehicle repairs not covered by standard auto insurance. Stated otherwise, in the event of an accident, your auto insurance will cover the cost of repairs; however, if, while driving to work, your engine suddenly blows up, MBI will take care of the repair and replacement.
MBI coverage usually includes:
- Electrical systems
- Oil pumps
- Timing gears
- Brakes and Valves
Wear and tear or maintenance costs are not covered by mechanical breakdown insurance; however, specific policies may cover gasoline, steering, or air conditioning systems. Generally, MBI policies come with a deductible, just like auto insurance.
2. Using a Warranty
When buying a new car, standard warranties are provided by the factory or manufacturer. Typically, they consist of many warranty classes offering varying coverages, with the only restriction being that a factory defect must have caused the covered incident.
Depending on the type of coverage offered, the various components of a manufacturer’s warranty are valid for varying amounts of time. For instance, bumper-to-bumper coverage is the first part of a factory warranty to expire but is frequently seen as the most extensive feature. After the factory warranty expires, you may purchase an extended warranty.
3. Personal Loan
You don’t have to break the bank to pay for auto repairs when you use personal loans. Your selected bank or credit union may process your personal loan application; many even provide online applications. Personal loans are frequently transferred into your bank account by the following working day.
You can also acquire a personal loan from friends and relatives, but be cautious about how personal it can get when you borrow money from someone you know.
4. Auto Repair Financing or Payment Plans
If you need an auto repair that’s not covered by your warranty or insurance and don’t have the cash on hand, Belton Transmission & Complete Auto Care offers financing through a partnership with Easy Pay.
EasyPay Benefits For Customers
- Save Money: Our 90-Day Finance Charge Cap Promotion caps the amount of Finance Charges you will be required to pay at $40 if your entire balance is paid during the first 90 days after your agreement begins. You make all scheduled payments within 30 days of when they are due, and you are not in default for any other reason. Conditions apply.
- No Down Payment: Make the purchases you need today with $0 down
- No Surprises: Fully transparent contracts with no hidden fees
- Enjoy Rewards, Not Penalties: You won’t be penalized for paying off your contract early
- Cover Big Expenses: Get financing up to $5,000 for qualified borrowers
Begin by using the Map Search to search for and select Belton Transmission & Complete Repair. The application process only takes a few minutes to complete, and Prequalification will not affect your credit score. Get approved for up to $5,000. With this approval, our technicians will complete your repair and have you back on the road.
As always, when looking for an auto repair store near me, Belton Transmission & Complete Auto Repair is here to help you keep your vehicle in excellent condition. We can ensure you have a financing option available for your convenience. Give us a call to schedule an appointment for service.