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There are many decisions involved in purchasing a vehicle, new or used. One of those decisions is whether or not to purchase an extended warranty. Are extended warranties worth it? Overall, this depends on your budget and lifestyle. For those who intend to purchase another vehicle within a few years it may not make sense, but for those who want to keep their car for a long time, an extended warranty can be an excellent option. For shoppers in Pineville and Ewing, the financial experts here at Tim Short Chrysler of Middlesboro can help you make that decision. To learn more about extended warranties, including how they work, and what they cover, contact us.
An extended warranty is an additional plan one can purchase when financing your next car or truck. It provides maintenance coverage standard policies lack, and extends beyond when the factory warranty expires. It provides additional peace of mind, as well as a safety net if the vehicle experiences trouble. Help covering unexpected repairs can come in handy down the road, but that kind of long term planning is easy to overlook in the present.
What will make or break the value proposition of an extended warranty in your case is what the warranty covers. Individual plans have some variance depending on the dealer and manufacturer, but many extended warranties include options such as:
Extended warranties can be purchased for new and used vehicles, but what exactly is offered in individual packages for a specific new or used car will depend on that car’s condition. There are a few important details to consider before making a purchase decision:
There are several factors to consider when adding an extended warranty to your new vehicle:
In the case of used vehicles, reliability is the primary consideration. These thoughts are very relevant:
If there is a large possibility that major repairs could empty your wallet, especially on a car you intend to own long term, an extended warranty is worth it. The peace of mind that comes with knowing that your vehicle is covered is worth some amount of outlay. If you need help getting your current vehicle serviced, check out our service specials, and don’t forget to schedule service! When it comes to your next vehicle and the option of an extended warranty, we’ll make sure you have all of the details needed to make the most informed decision around Harrogate. Contact us, and we would love to assist you.
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