We have all read or researched the pros and cons of adding an Extended Warranty on your new or used vehicle purchase. We see the negative spin that 55% of the people that purchased an extended warranty did not use them. But we don't hear the 45% who purchased a new or used vehicle and an unexpected problem occurred where purchasers were extremely happy to have the added value of an extended warranty to cover the expense.
The reality is that most used and new vehicle buyers keep their vehicle for over 5 years. With that in mind, consider your monthly family budget, could you handle a major repair with no warranty on your vehicle? Do you want the peace of mind that if something happens to your vehicle, you have the reserve in your monthly family budget to cover the issue. It's like purchasing medical insurance, we never know when something major may happen, and you want to be prepared.
The beauty of a new vehicle manufacturers warranty is that you are covered for a period of time. And with most used vehicles you may see factory warranty for a short period of time based upon the previous owner purchase date. And currently with the market of higher mileage used vehicle purchases, is it a chance you want to take with no factory warranty. It's simply a decision that should be made by you and your purchasing characteristics, you know owning a vehicle is a major family budget expense along with your everyday needs for you and your family. And do you have the monthly resources to cover the cost of a repair.
At Vestal Buick GMC, we pride ourselves with complete transparent extended warranties that will fit any budget and deductibles. You will find warranties that cover just exactly your requirements. And keep in mind, an extended warranty is like a service contract. It cover the cost of specific repairs after the vehicle's manufacture warranty expires. Our Finance and Insurance Managers will be glad to talk with you and send you more information. Just email or call us. We understand the pros and cons of extended warranties.
Research: CarFax, Auto Trader, Consumer Reports, Edmunds