Is your Ford vehicle approaching the end of its warranty coverage? Or are you shopping for a reliable used car to drive around Collinsville? In either situation, you may be wondering: "Are extended warranties worth it?" The answer ultimately depends on your lifestyle and budget, but overall, extended warranties prove beneficial if you plan to drive your vehicle for many years. Discover your Ford extended warranty options and how they work with help from the financial experts at Auffenberg Ford O'Fallon.
What is an Extended Warranty?
An extended warranty either serves as additional coverage when you finance a new car or continues coverage when your original factory warranty expires. Extended warranty options vary, but typically they provide you with specific coverage for tires or glass, maintenance, and more. Extended warranties are useful in several circumstances. For example, if your powertrain warranty ended and a major repair is needed, an extended warranty will offset repair costs.
Extended Warranties for New & Used Vehicles
Extended warranties are available whether you buy a new Ford or a used model. However, they don't necessarily work the same, as the warranty depends on the condition of the car. Consider the following extended warranty tips for new and used cars.
New Vehicles
- Consider how long you intend to drive your vehicle in Fairview Heights. Extended warranties make the most sense if you plan to keep your car for 10 years or more.
- Check what your new vehicle warranty covers so that you don't accidentally double up on coverage with an extended warranty.
Used Vehicles
- Reliability of a used car is the key indicator of whether extended warranties are worth it. Have the vehicle inspected prior to your purchase.
- As with new vehicles, how long you plan to drive the car will influence your extended warranty decision.
Should I Buy Extended Warranties?
As we've mentioned, whether or not you should buy extended warranties comes down to the vehicle itself, as well as your lifestyle and financial situation. Of course, extended warranties will save you money down the road if a major issue comes up and a costly repair is needed. Plus, there's nothing better than driving through Granite City with the peace of mind that you're covered in case of malfunction.
Discuss Your Financing Options at Auffenberg Ford O'Fallon
Still asking yourself, "Should I buy extended warranties?" Then you may need to consult Auffenberg Ford O'Fallon for additional guidance! Get in touch for more information, and feel free to start the financing process online before you visit us.