Purchase An
Extended Warranty

 

Most car buyers often disregard additional services being offered by the dealership when they are buying their next car or truck.  One of the services that you as a consumer needs to look into on your next purchase is the extended warranty or service contract.  Often times, even on new vehicles, a hiccup may happen with the vehicle and you'll need to get something repaired.  This can be a simple small repair or you can be looking at a multi-thousand dollar repair like a new transmission or engine.  

Make it your best interest to look into integration the cost of an extended warranty into your monthly car payments because it will give you a peace of mind, knowing that if anything happens to any of the major components of your vehicle, you will be covered.  

 

PLAN FOR THE UNEXPECTED
WARRANTIES AVAILABLE
PEACE OF MIND
INTEGRATE INTO YOUR DEAL

 

 

 

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Benefits Of Extended Warranty For Used Cars

Most of the time when you consider buying an extended car warranty it would be for a new car. It may seem senseless at first to get the same warranty for a used car but you can bet that you will use it in the first year of purchase. The most annoying thing that most second hand car owners have to deal with this the lack of proper documentation of the car. Let’s be real, most first owners will rarely keep a record of all the services and repairs done on the car before sale. Even the best insurance companies can miss some of these accidents or repairs.

If you do not have the documentation then it is always a good plan to just get the extended car warranty. In most cases you will find yourself using it in the first year of purchase. Most of the time when you buy new car it will come with a manufacturer’s warranty. In fact any extended warranty on the car is often not used until the second year of purchase. The warranty for the first 3 months from the manufacturer or car dealership is mostly useless at this point. The same cannot be said for used cars. You will find that 30% of the extended warranty in used cars is used within the first year. This number is very large in comparison to new cars. The rest of the group uses the warranty from the second all the way to the 5th year.

Most of the extended warranties will range from $700-$1000 dollars to keep the car covered. You can then be allowed to think that the cover is too expensive when you have no repairs to pay for or no services on the car. Well there is no price on peace of mind and that is what you need the most when you drive the car out on the road. You do not need to be a genius to know that you will pay a lot more when a pricey repair is required. $100 dollars will seem like petty cash when the head shaft is spoilt or you need a new clutch.

Another reason to get the extended car warranty for used cars is because it is more than necessary to have one. The warranty is good to prevent overpaying on repairs. You cannot tell how good a previous owner was to their car and you will need to keep the records for yourself now.

Some of the extended warranty can be transferred to a new owner should you choose to sell the car. You can then sell the car to another person with added value from the extend warranty.