Are Extended Warranties Worth It?

2019 Honda Accord LX
Whether you’re in the market for a new or used model at Voss Honda, you have the option to purchase an extended warranty with your vehicle. So, are extended warranties worth it? It depends on your budget and lifestyle. Overall, many drivers feel that the extra coverage is worth the added peace of mind in Dayton – especially if you are planning to keep your car for many years.

What is an Extended Warranty?

Before you ask yourself “Should I buy extended warranties?”, it’s important to know exactly what an extended warranty plan entails. Extended warranties are additional plans that you can purchase when financing your new or used vehicle. While plans vary, a basic extended warranty will add on extra maintenance and repair coverage once your original factory warranty has expired. This acts as a safety net, protecting you from any costly repairs that could occur after your warranty period.

New vs. Used Vehicles

New Vehicles

Are extended warranties worth it for new vehicles? Think about how long you plan on keeping your new car. If you plan on keeping your car for 10 years or less, your vehicle might not need the extra coverage. But if you want to keep it longer than a decade, an extended warranty is a great way to protect your investment for the long run around Troy. Either way, it’s a good idea to double check your New Vehicle Warranty Plan to see what’s included.

Used Vehicles

Are extended warranties worth it for used vehicles? It depends on the reliability and condition of your vehicle. Before you commit, be sure to have the car inspected for any underlying issues you may miss on first glance. Then, you can determine whether you would benefit from extra coverage. And once again, think about how long you plan on keeping the car.

Do I Need an Extended Warranty?

  • Financial Protection: An extended warranty helps protect you from financial catastrophe if an unexpected repair is needed, so you don’t blow your monthly budget.
  • Peace of Mind: An extended warranty can help you feel more comfortable with your investment, so you can drive with confidence throughout Sidney.
  • Long-Term Investment: If you want to commit to the same car for a long period of time, it’s worth the extra money and time to keep your car in the best shape possible.

Find Out More with Voss Honda

Not sure if you should buy an extended warranty? Contact us with any questions. You can check out our breakdown of the MSRP of your preferred vehicle to ensure your next ride fits your budget. Our financing team can advise you based on your unique needs, so don’t hesitate to reach out!

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