Are Extended Warranties Worth It?

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Are you wondering, “Should I buy extended warranties,” when you’re shopping for a new vehicle at Jacksons of Enid CDJR? What about if you’re buying a used car for your Kingfisher commutes? Are extended warranties worth it? Extended warranties can be an excellent investment, depending on your budget and lifestyle, and if you anticipate keeping your car for many years to come. Learn more about extended warranties and whether you should buy one to protect your investment.

What is an Extended Warranty? Should I Buy an Extended Warranty? 

If you’re asking, “Should I buy an extended warranty,” make sure you understand exactly what extended warranties entail. An extended warranty is an additional coverage plan you can choose to purchase that extends maintenance coverage in Woodward after your original warranty expires. Extended warranty plans vary, and some work in an a la carte format where you can just pay for services like roadside assistance and towing. An extended warranty is a safety net after your major powertrain warranty has ended that’ll cover major repairs. 

Extended Warranties for New & Used Vehicles

Whether you buy a new or used vehicle, you can purchase an extended warranty, although they work differently. Here’s how:

Extended Warranties for New Vehicles

Are extended warranties worth it for a new car? That depends on how long you plan to drive your car in Hennessey. If you plan to keep your new car for less than ten years, then an extended warranty might not be right for you because your car is unlikely to need much, if any, repair work in that time. If you plan to keep your car longer than a decade, an extended warranty is a great idea. The length of your new car warranty should also play a role in your decision. 

Extended Warranties for Used Vehicles

When it comes to the worth of an extended warranty for a used vehicle, the reliability of the car should be the focus of your decision. Have the vehicle inspected for possible issues, then decide if an extended warranty is right for you. You should still keep in mind how long you plan to drive the vehicle, too. 

Learn More About Auto Finance Options with Jacksons of Enid CDJR

Along with offering information about extended warranties the finance department at Jacksons of Enid CDJR can help you understand any part of the finance and insurance portion of buying a car. Find helpful articles at our Finance and Insurance hub, or contact us for answers to your questions. 


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