The debate goes on about whether or not we should purchase an extended vehicle warranty for our cars. The only way to figure out if it’s worth buying an extended vehicle warranty is to do comparisons of quotes. You can find lots of extended warranty companies online, so you’re options are quite extensive. Now, when it comes to buying an extended warranty through a dealership — it’s definitely not worth it. There, you’ll end up spending up to $2,000 more than you have to. A lot of great deals are out there on extended warranties — some even pay just $200 for full benefits. Looking around will allow you to find something that fits within your budget and that you feel is worth purchasing.
The first comparison to make is between the dealership and the actual extended warranty company. Would you rather pay $2,000 for a warranty or $200? Of course you picked $200, so it only makes sense to do your search online instead of dealing with dealership extended warranties. Even the most minor of repairs could run you hundreds of dollars; this will make you see that having a warranty could be very beneficial. Mechanics these days run between $50 to $100 per hour. Even repairing your air conditioner could end up costing you more than a 36 month warranty that covers your entire car.
What you’ll pay for your extended vehicle warranty all depends on where you purchase it from. Of course, if you’re buying it from a dealership, you can expect to pay a whole lot more. Luckily, there are a lot of legit extended vehicle warranties out there that you can get great deals from; and they’re all waiting for you to find them, so that they can give you a quote. When you begin searching the internet for extended warranties, compare the quotes and coverage offered to see which of them is the best to go with.