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Why You Should Buy an Extended Warranty on Your Car

March 7, 2020 by Tristan Leave a Comment

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Whenever you buy a new car there is just a massive desire to drive it away and not listen to optional extras like an extended warranty, this protection, that protection or any other coverage and assistance which is being offered, you just want to get in your new car and go. It may seem on the face of it that the car dealership are just trying to make money out of you with all of these optional extras but the reality is that there are some which are well worth your time, and one of those is an extended warranty.

When you get a car you may get 1-3 years warranty outright, but with an extended warranty you can get up to 5 years of coverage, and here is why it makes sense for you to do.

Repairs are More Costly

In all likelihood your car is going to be facing some problems between years 3 and 5, simply through usage of the vehicle prior to that time. During this time you may have to shell out for certain repairs and you can bet your bottom dollar that those repairs are going to be far more expensive than the cost of the extended warranty. It just makes financial sense for you to get this extra protection and you will be thankful in the long run.

Keeping the Car

Most people buy a car with the idea of keeping it for at least 5 years, so why would you leave yourself open for those final 2 years? Even if you only have a 3 year plan in your mind for how long you will keep the car, there is nothing to say that you are going to stick to it, which is why it makes sense to get yourself that extra cover and give yourself the peace of mind.

Optional Extras

Companies who sell extended warranties are aware of the fact that many people don’t think that they are a good idea and so in order to help encourage more people to opt for the extended warranty, they will throw in some extras to sweeten the deal. This could range from addition 24/7 roadside assistance and recovery, free products from their partners such as home appliances or even cashback on your warranty purchase. The extended warranty makes sense on its own, so you might as well consider these extras as bonuses.

Increase Resale

If you do decide to sell your car before the warranty expires then don’t worry abut having lost that money, because you will be able to add this onto the price of your car when you sell it. The warranty can be signed over to the new owner, and they will be happy to pay more knowing that there was a warranty protecting the car for the duration of its life with you.

You may be rushing to get off the forecourt, but make sure that you’ve signed up for that warranty first.

 

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Welcome to Street Talk Live, I’m Tristan and I hope you find the information I blog about useful. I love to travel and explore the world. I believe it is important to learn about other cultures and keep up to date with the latest news in the world. Read More…

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About Us

Welcome to Street Talk Live, I’m Tristan and I hope you find the information I blog about useful. I love to travel and explore the world. I believe it is important to learn about other cultures and keep up to date with the latest news in the world. Read More…

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