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Are Extended Warranties Worth It?

Signing Finance Documents for Car

When you’re shopping for a new vehicle, you have plenty of options to consider – and you might wonder “Should I buy extended warranties with my new car?” Many Red Bank drivers want to know are extended warranties worth it, and the answer depends on your wants and needs. Extended warranties offer terrific coverage for those who plan to keep their vehicle for years to come, and these plans provide excellent peace of mind during Freehold travels. Read on to learn how warranties work and what they cover, and stop by Acura of Ocean for more information.

What is an Extended Warranty?

An extended warranty is extra coverage that protects you after your factory warranty has expired. These plans are optional and often customizable, which means you can also add services like towing and roadside assistance. Extended warranties act as a safety net on the road. If you run into an engine failure or a major repair after your original warranty is long gone, you’ll still be protected – and you won’t break the bank to keep your car going!

Extended Warranties for New & Used Vehicles

Should I buy extended warranties for my new or used vehicle? It’s important to think carefully about your car’s condition and your driving plans for the future. Here are some things to keep in mind:

New Vehicles

How long do you plan to keep your car? If you want to keep your car around 10 years or less before upgrading, an extended warranty plan might not be necessary. Most vehicles will maintain their performance throughout that time period, but if you want to keep your car past 10 years, extended warranties are a great idea. We also recommend double checking your new vehicle warranty when you purchase a new vehicle to make sure you know what is included.

Used Vehicles

Are extended warranties worth it for a used vehicle? That depends on your car’s reliability, condition, and your length of ownership. It can be difficult to assess a used car’s reliability and condition without training, so be sure to get an inspection at a good service center. Then, think about how long you intend to own the vehicle.

Should I Buy Extended Warranties? 

So, should I buy extended warranties? The answer depends on your car, lifestyle, and financial situation. Extended warranties act as an extra precaution to safeguard your wallet against major repairs. Some Asbury Park drivers find that the extra cost is well worth the added peace of mind, while others prefer to save their money. If you have room in your monthly budget, we think the benefits are worth the cost.

Find Out More Coverage Plans with Acura of Ocean

Still not sure are extended warranties worth it? Allow the financial experts at Acura of Ocean to help! Our team can provide you with personalized financial advice, so contact us with any questions and we’d be happy to assist you.

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