There are Pros and Cons to purchasing an aftermarket warranty. It might be a great idea or it might be a waste of money….You need to review your situation and make a determination. Let’s look at some of the Pros and Cons….
Pros: The warranties can save you a lot of money on major repairs. Out of pocket expense can be painful. So being prepared by buying an aftermarket warranty…could be a great idea. No out of pocket expense. (Although you may have a small deductible, like $50 or $100 .)
You’ll have longer coverage on the car which means you can keep it for another year or two. That saves you money , by not purchasing a vehicle as often.
You can put the money you save toward something else…there’s always another expense in life. This may allow you to save for that day.
Cons: It costs more money …NOW. It’s money you may or may not have. and it adds to the monthly payment.
You may be paying for something you NEVER use….Your car may never have a major expense..????
There may be some items,,,that are NOT covered under the extended warranty. Check the policy…BEFORE you buy it.
No matter what you decide…Extended Warranties are good today. They do what they say and will be useful in the right situation. Whether you want a New or Used….Car,Truck or SUV….Better Call 503-643-4585 or Click Bob @ BestCarDealinTown.com. You’ll find a “Better Way to Buy Any Car!!”