Are you getting ready to purchase a used vehicle? Then it is time to consider an extended warranty. We’re going to look at some important reasons to purchase a warranty any time you are getting a used vehicle, some circumstances that may make the purchase even more important, and some statistics that reveal the purchase is not the risk some sites may have led you to believe it is.
2 Important Reasons to Get a Warranty for Your Pre-Owned Vehicle
The further we get into the age of over-complicated electrical components of vehicles, the more important it is to protect your used vehicle. A car that is just a few years old may have complicated electrical components that could cost thousands of dollars to repair.
The other important element to consider is the rising cost of auto repair labor. When you start adding $85 to $125 per hour on top of expensive parts, you have the recipe for a nightmarish invoice. A warranty is the best way to avoid adding repairs bills to your monthly car payments.
2 Things to Keep in Mind When Considering Protective Coverage
You should definitely add coverage to your vehicle if either of the following things are true. First, check to see if the vehicle you are purchasing has a history of necessary repairs. You may love a particular make and model, or it may be the only thing that meets your budget, but if that year’s line is known for transmission troubles, you definitely want powertrain coverage.
The second thing to look for is exclusion coverage. This allows you to have greater peace of mind. Unless the exclusion is the specific thing that goes wrong with your car, it’s covered. There’s no guesswork. On the other hand, you also want affordable coverage, so if you are working with a limited budget, you may need to focus on the coverage features that are most important to you.
Statistics Show that an Extended Warranty Is a Good Purchase
The following two statistics show the benefits of extended warranties:
- 84% – Percent of persons who purchased a used car and had every filed claim accepted
- 82% – Percent of people who say they would consider purchasing an extended warranty again
Vehicle Service Center is proud to offer the type of coverage that can actually be of benefit to used car owners. To learn about the different coverage options we offer, and to have one of our vehicle protection specialists help you find a plan that meets your needs and your budget, call 1-800-280-6708.