Are Extended Warranties Worth It

Whether you are searching for a new Chevrolet or GMC model or a reliable pre-owned vehicle, you may be wondering: “Should I buy extended warranties?” The answer to this question often depends on your Jackson lifestyle and vehicle needs, such as the length of time you plan to keep your car or how many miles you drive a year. So, are extended warranties worth it? Find out the pros and cons of extended warranties with the financial experts at Express Chevrolet GMC in Brownsville!

An extended warranty is an additional plan you can opt in when you are financing your new or used vehicle that provides additional maintenance coverage once your factory warranty has expired. Think of an extended warranty as an additional safety net; if your major powertrain warranty has ended, and a major repair crops up, an extended warranty will help cover the cost of having that repaired near Humboldt.

Plans can vary between manufacturers and dealers, and whether you are getting a new or used extended warranty. However, extended warranties may include or have options for coverage that include:

• Towing
• Roadside assistance
• And more

Extended warranties apply to both new and used vehicles, but they work differently depending on the condition of the car. Whether you’re looking if you should buy an extended warranty on a new or used car, here are some tips to consider for both:

New Vehicles

When it comes to deciding whether you should get an extended warranty for a new vehicle, you’ll want to consider a few factors, such as:

• Do you plan on swapping out your vehicle in the next 10 years? If so, then you may not need one, as vehicles are built to be more reliable than they were in the past.
• If you’re planning on keeping your vehicle for more than 10 years then an extended warranty can be worth the investment.
• It’s also worth checking to see what insurance coverage is included with your new vehicle purchase.

Used Vehicles

When it comes to used vehicles and extended warranties, it’s all a question of reliability. Consider the following:

• Having the vehicle inspected and an estimate created for any vehicle issues.
• Decide how long you plan on keeping the vehicle.

Extended warranties are perfect for those who are worried about breaking their budgets should a major issue come up or a repair is needed. As stated before, extended warranties are an extra precaution set in place should an unpredictable maintenance problem arise. These warranties let you have peace of mind while on the roads past Collierville or Crocket County. If you are someone who would like that extra safety net for the health of your vehicle that won’t break the bank, then an extended warranty is worth it.

Are you still wondering if you should buy extended warranties? Reach out to our team for a more in-depth look at your situation. While you’re here you can get pre-approved for financing to know how much you can spend on your next vehicle. Be sure to check out our certified pre-owned models for sale in Brownsville!