Are Extended Warranties Worth It?

“Should I buy extended warranties?” It’s a common question we receive here at Sawyer Chevrolet, Inc., and it’s not hard to see why. For many Hudson and Saugerties shoppers, a vehicle is a major investment. While new vehicles are backed by warranty coverage, that initial coverage only lasts for so long. Many used vehicles are not backed by warranty unless part of a certified pre-owned program. However, you can choose to purchase an extended warranty for added peace of mind. Are extended warranties worth it? We believe so! Sawyer Chevrolet, Inc. dives into the basics of this coverage below. 

What is an Extended Warranty?

When you are purchasing a new or used vehicle in Windham, you can opt for additional maintenance coverage once your factory warranty has expired. If your new vehicle’s powertrain warranty has ended and a major repair is needed, an extended warranty will help cover the cost of this service. 

Do I Need an Extended Warranty?

Are extended warranties worth it? If you are worried about covering the cost of major repairs down the road, you may want that extra safety net when driving around Windham. Extended warranties apply to both new and used vehicles, but they work differently depending on the condition of the car. 

New Vehicles

If you are considering an extended warranty for a brand-new car, consider the following: 

• Vehicles are lasting longer than ever. If you do not plan to keep your vehicle for 10 years or more, the extra cost of an extended warranty may not be as beneficial to you. 
• If you plan to drive your vehicle for more than 10 years, an extended warranty is highly recommended. 

Used Vehicles

Vehicle reliability comes into play when considering an extended warranty for a pre-owned car.

• Have your vehicle thoroughly inspected before deciding on an extended warranty.
• Decide how long you plan on keeping the vehicle to determine if the added coverage is worth the investment. For many Catskill drivers, it is. 

Explore Your Financing Options with Sawyer Chevrolet, Inc.

Are you still asking yourself, “Should I buy extended warranties?” Do not hesitate to get in touch with the finance experts at Sawyer Chevrolet, Inc. to discuss your options. We’d be glad to help you weigh the pros and cons of this added coverage to see if it’s the right fit for you.