Are Extended Warranties Worth It?

Finance Paperwork with Glasses
 

Whether you’re in the market for a new or certified pre-owned vehicle, you might have heard about the possibility of purchasing an extended warranty. Yet you might be wondering, “Are extended warranties worth it?” When it comes to your budget and needs, extended warranties can provide support if you’re planning to keep your vehicle for the foreseeable future and want extra coverage.

So, should you buy extended warranties in Springfield? That’s where Corwin Chrysler Dodge Jeep Ram FIAT® of Springfield comes in with a handy guide on this topic. Read on to learn more and find an answer to what extended warranties can provide you.

 

 

What is an Extended Warranty?

Before we delve into the question, “Should I buy extended warranties?” let’s go into some definitions. An extended warranty is an additional plan you can consider that provides additional maintenance coverage when your factory warranty has expired.

At the same time, many Republic drivers view an extended warranty as an additional safety net for keeping their vehicle up and running. If you do need some major repair work, an extended warranty can help cover those costs.

What Else do Extended Warranties Cover?

Remember that these extended warranties can vary depending on the vehicle you’re considering. Whether it’s a new or pre-owned configuration, you may have options for coverage including:

  • Towing
  • Roadside Assistance
  • And Much More

Extended Warranties For New & Used Vehicles

Extended warranties can work with both pre-owned and new vehicles, yet the condition of the car has some importance to this. Are extended car warranties worth it? Keep these factors in mind:

New Vehicles

If you’re deciding on an extended warranty for a new vehicle, the following should be considered:

  • Are you planning to get a new car at some point in the next 10 years or so? Then perhaps an extended warranty is not for you.
  • For those who are planning to keep their vehicle for more than a decade, you might have a worthwhile investment in an extended warranty.
  • Remember to always see what insurance coverage will be included with your new vehicle purchase.

Used Vehicles

For those considering pre-owned vehicles, an extended warranty can provide a lot when it comes to your vehicle’s reliability. You should always consider the following:

  • Have your vehicle inspected and get an estimate created for any vehicle issues.
  • Decide on how long you plan on keeping your vehicle.

Chrysler, Dodge, FIAT, Jeep, Ram Extended Warranty Coverage

Managed by Mopar®, Chrysler, Dodge, FIAT, Jeep, Ram vehicles have a variety of extended warranties that can help with various repairs and accessories in general. Among what we have available are the following:

  • Mopar® Maximum Care: 8 Years/125,000 Miles.
  • Mopar® Added Care Plus: 5 Years/60,000 Miles to 8 Years/150,000 Miles.

Should I Buy Extended Warranties?

Remember that extended warranties are ideal for those who don’t want to break their budget, should a major repair issue come up. These are extra precautions if a maintenance issue should arise. It’s an extra safety net that can help you out in general.

Discuss All of Your Extended Warranty Options at Corwin Chrysler Dodge Jeep Ram FIAT® of Springfield

For those who aren’t sure about an extended warranty, or whether you want to calculate your monthly payment, Corwin Chrysler Dodge Jeep Ram FIAT® of Springfield is the place to go. Whether it’s looking at an extended warranty, or how to get a better credit score, we have years of experience to assist you in everything. See you shortly at our Springfield location!

 

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