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Are Extended Warranties Worth It?

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Whether you are looking for a new CDJR model or prefer a reliable used vehicle, the option to purchase an extended warranty is worth considering. You may be asking, “Should I buy extended warranties?” or “are extended warranties worth it?” Depending on your budget and automotive needs, an extended warranty can be an excellent option for Wheeling drivers. 

If you are planning to keep your vehicle for many years to come, an extended warranty offers great protection and peace of mind for your Moundsville travels. So, are extended warranties worth it? For many in St. Clairsville, OH, the answer is yes! Learn more about extended warranties, how they work, and what they cover below!

 

Should I Buy Extended Warranties? What Are They?

An extended warranty is an optional plan you can select when financing your new or used vehicle that provides additional maintenance coverage once your factory warranty has run its course. Individual plans will vary, but you can often add on extras like towing and roadside assistance for added support on the Glen Dale streets. An extended warranty is a great safety net that provides coverage for major repairs should they crop up after your powertrain warranty has expired. 

Extended Warranties for New & Used Vehicles

Extended warranty plans are available for both new and used car buyers, but they work in slightly different ways depending on the condition of the car. Here are some tips to keep in mind if you are considering adding an extended warranty during your financing:

New Vehicles

The primary concern when deciding whether to opt for an extended warranty is how long you plan to keep your vehicle. If you think you will want to swap for a new ride in under 10 years, then an extended warranty may not be the best option for you. If you plan to stick with your new ride for the long haul, then an extended warranty is an incredibly worthwhile investment. You will also want to evaluate the coverages that come standard with your purchase before opting into any additional plans. 

Used Vehicles

Longevity and reliability are the primary factors to consider when discerning if an extended warranty is right for you and your used vehicle. Be sure to have the vehicle inspected, and note any potential issues. If you plan to keep your used vehicle for an extended period of time, then it can be quite advantageous to opt for an extended warranty.

Do I Need an Extended Warranty? 

As noted above, the decision to opt-in for an extended warranty is quite personal and depends on a number of factors like your lifestyle and financial situation. If you prefer not to worry about the financial burden that an unexpected major automotive breakdown can cause, then an extended warranty is worth it for your confidence and budget. If you like the idea of having extra coverage to maintain the health of your vehicle, an extended warranty can provide that without breaking the bank.

Learn More About Warranties at Straub Chrysler Dodge Jeep Ram

Still wondering, “Should I buy extended warranties?” If you are unsure if an extended warranty is right for you, contact us today. Our finance team can provide you with personalized guidance to help you plan your automotive and financial future. Turn to us at Straub Chrysler Dodge Jeep Ram for all of your automotive needs!

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