If you’re thinking about buying a car, new or used, you’ll have to decide whether or not you’re going to purchase an extended car warranty. An extended car warranty is a warranty you purchase on top of your car manufacturer’s warranty (if it is still under one). So if you already have coverage, is extending your car warranty really worth it?
Whether or not extending your car’s warranty is worth it really depends on the type of car and the length of the manufacturer’s warranty. For example: If you are buying a new car that has a high durability rating and a 10-year warranty, you probably don’t need to add anything extra. However, if you’re buying a used car and you are unsure of its reliability, purchasing an extended warranty could save you big money on future repairs.
But we understand that some cases aren’t that cut and dry. You might be purchasing a new car with a low durability rating or a used car with a high durability rating. So if you’re having trouble deciding on the extended warranty, here are some pros and cons to consider:
In short, we think that extending your car’s warranty is definitely worth it. Think of it this way: If something were to happen to your car after the manufacturer’s warranty has ended, you’re covered. Without the extended warranty, you’ll be stuck paying for repairs out of pocket.
With CARCHEX, extending your car’s warranty is simple. All you have to do is enter information about your vehicle to receive an instant free quote. We offer a variety of car protection plans to meet individual needs — including coverage for cars with over 60,000 miles. And with CARCHEX, you can choose your own repair facility, pay for your warranty with a payment plan, and enjoy total peace of mind.
Plus, we offer a “No Haggle, Low Price, Every Day Guarantee™” and a risk-free, 30-day Money Back Guarantee period with each Extended Vehicle Protection plan. Call us toll free at 866-261-3457.
Money Crashers: www.moneycrashers.com/extended-car-warranty/
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