Are Extended Warranties Worth It?

If you are in the market for a new vehicle, you have several decisions to make. One question you may be asking is, “Are extended warranties worth it?” If you plan on owning your vehicle for a long time, and you like that added peace of mind, an extended warranty may be the right choice for you. Suntrup Automotive Group would be glad to explain how extended warranties work and what is included in the coverage.

What is an Extended Warranty?

If you are worried about unexpected expenses once your factory warranty expires, an extended warranty can help you feel more confident each time you hit the roads of Arnold. Each plan varies, but if applicable, you can select additional coverage like towing or roadside assistance. This safety net can help with any needed repairs that pop up after manufacturer warranty coverage ends.

Extended Warranties: New Cars vs. Used Cars

You can opt for an extended warranty on a new or used car. Keep in mind that coverage will vary, and there are a few factors to keep in mind before making a decision:

New Vehicles

If you are considering an extended warranty for your new car, the first question you should ask yourself is, “How long do I plan on keeping the vehicle?” If you plan on driving your car for 10 years or more, an extended warranty is likely a smart financial decision. If you plan on driving a new car every couple of years, an extended warranty may not be worth the extra cost.

Used Vehicles

If you are considering an extended warranty for a used car, be sure to factor in the reliability of your vehicle. You should also ask yourself how long you plan on driving the used car before opting for something else.

Is an Extended Warranty Necessary?

Although an extended warranty is not required, it is a beneficial option for many drivers. If you have questions about whether or not it is the right decision for you, do not hesitate to reach out to the experts at Suntrup Automotive Group. We would be glad to discuss extended warranties further with you.

Suntrup Automotive Group Makes Financing Hassle-Free

At Suntrup Automotive Group, we’ll walk you through the entire financing process so you know you are always getting a great deal. Get pre-approved online before stopping by the dealership. We can’t wait to help you find the car of your dreams! Whether you’re looking for new or used cars for sale in St. Louis, we’ve got you covered! Contact us today if you have any questions.