Should I Buy an Extended Warranty?

Driver signing a car insurance
 

Searching for a reliable new or used vehicle in Corpus Christi? Aside from taking steps to ensure the reliability of your vehicle, especially if you buy used, there are other ways to protect yourself against uncertainty. One of the best ways of doing so is buying an extended warranty. Learn more about extended warranties, what they provide, and whether one is right for your needs with the help of the finance center at Allen Samuels CDJR Aransas Pass.

What are Extended Warranties?

An extended warranty is an available warranty plan that most often takes effect once your vehicle’s factory warranty expires. For this reason, extended warranties are often purchased when buying a used vehicle with not much, if any, remaining new vehicle limited warranty coverage left. Still, many new car buyers also buy extended warranties to protect themselves against unexpected repair costs in the long-run. Sometimes, extended warranties also include available add-ons like towing or roadside assistance.

Extended Warranty Coverage for New Cars vs. Used Cars

As mentioned above, buyers of both new and used vehicles can benefit from extended warranty coverage. If you’re asking yourself, “Should I buy extended warranty coverage,” here’s a list of reasons why you might want to for a new vehicle purchase vs. a used vehicle purchase. 

New Vehicles

  • If you plan on keeping the vehicle for a long time (10+ years)
  • If you want peace-of-mind in the event something happens with your car
  • If you’re concerned about emergency repair-related costs

Used Vehicles

  • If you’ve purchased a used car with below-average reliability 
  • If you’ve purchased a higher-mileage used car 
  • If you plan to keep your used car for a long time 
  • If you’re worried about emergency repair-related costs
hands signing contract

Should I Buy Extended Warranties?

The bottom line is this: extended warranties are ideal for people who don’t want to have to pay out of pocket when covered emergency vehicle repairs occur. If you’re the type of person who values peace-of-mind and certainty over chaos and emergency expenses, then an extended warranty could be ideal for you! 

Explore Other Allen Samuels CDJR Aransas Pass Financing Solutions

Not quite certain if an extended warranty is right for you? Don’t hesitate to contact us at Allen Samuels CDJR Aransas Pass! We can also help you with other financing-related inquiries, like how to calculate your monthly car payments.

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