Are Extended Warranties Worth It?

When you are shopping for a new or used car in the Dalton area, you want to be sure that you are protecting your investment for the long haul. New vehicles come with warranty coverage, but regardless of whether you buy new or used, you have the opportunity to add on an extended warranty. Are extended warranties worth it? It’s a common question we’re asked here at Riverside Chevrolet of Rome, and it truly comes down to your personal preference. If you plan on driving your vehicle for many years and want to drive with complete peace of mind, an extended warranty is likely an excellent investment. Learn more about extended warranty coverage in the guide below from Riverside Chevrolet of Rome. 

What is an Extended Warranty?

When you are financing your new or used vehicle, you can tack on an extended warranty that provides additional maintenance coverage once your factory warranty has run out. Should I buy extended warranties? Extended warranties are like a safety net in the event that your vehicle requires major repairs after its initial warranty coverage has ended. Extended warranties help to cover the cost of those repairs. 

Plans often vary depending on the dealership or manufacturer and whether you are getting a new or used extended warranty. Many extended warranties include options that cover 

• Towing
• Roadside assistance
• And more

Should I Buy Extended Warranties? – New Cars

If you are trying to decide whether an extended warranty makes sense for your new car purchase, consider the following: 

• Do you plan on driving this vehicle for less than 10 years? If so, an extended warranty is likely not needed. 
• If you’re planning on keeping your vehicle for more than 10 years, we recommend an extended warranty to protect your vehicle against costly repairs that often occur with an older vehicle. 
• Be sure to familiarize yourself with your vehicle’s new car warranty. Some brands have shorter coverage periods where an extended warranty could be beneficial.

Should I Buy Extended Warranties? – Used Cars

If you are purchasing a used car, it’s also important to think about how long you plan to drive the vehicle and its reliability. We recommend having the vehicle inspected and getting an estimate of any required maintenance costs. 

Do I Need an Extended Warranty? 

Extended warranties are ideal for drivers who are worried about covering the cost of unexpected (and often pricey) repairs. If you want to drive with confidence on the roads of Rockmart and Adairsville, opting for an extended warranty ensures you won’t get caught off-guard by expensive service visits. 

Learn More with Riverside Chevrolet of Rome

Are extended warranties worth it? We encourage you to reach out to our finance experts to see whether you can benefit from an extended warranty. Contact us today for more information.