Sixty-four percent of consumers are buying used cars as of 2019. This number has been growing since 2017, according to Cox Automotive.
Used cars are a great way to invest in an awesome vehicle that you love without breaking the bank. But anyone who has thought about purchasing a used car might have some concerns.
What if the car breaks down? What if it’s not as advertised? What if it constantly needs to be serviced?
These are just a few questions that might be running through your mind.
Have you considered getting yourself a used car extended warranty?
There are many benefits to purchasing one that will protect you as you enjoy your used car. Here are five great reasons to invest in one when you’re ready to buy.
1. They Don’t Break the Bank
If you’ve ever purchased a used car, then you know that it can be stressful to make sure that you’re getting a good deal.
This is where extended warranties can help you out. By purchasing one, you are ultimately saving yourself money later. They can offer you a layer of protection when it comes to keeping your car performing its best.
Repairs and maintenance are very costly. If you find yourself heading into the shop frequently with your used car, it will all start to add up.
In some cases, these costs can even add up to more than what you pay for the warranty.
Choosing the right extended warranties on a car will mean that you’re covered for everything that comes up. It could be as small as a ding on the bumper to something as large as a problem with the engine.
In short, paying for the extended warranty will cost you less if something happens later.
2. Don’t Stress, You’re Covered
When purchasing a used car, you want to make sure that you have all your bases covered. It’s important to look toward the future and anticipate what could potentially go wrong.
Extended warranties are great for easing your mind when going through the purchase process. This peace of mind will last for as long as the warranty does.
Sometimes, unavoidable accidents or problems occur when you least expect them. You’d most often panic at the thought that you’ll have to spend more money that you never anticipated to spend.
If you get a used car extended warranty, then this won’t take a toll on you any longer. You’re covered for the maintenance or repairs that come up, allowing you to relax and be glad that you invested in one.
3. Invest in Better, Longer Coverage
Most vehicles come with a standard cookie-cutter warranty from the manufacturer. Warranties such as these aren’t extensive when it comes to protecting you and your car. Only certain parts are covered, and the warranty doesn’t last long.
When you buy an extended warranty, you can choose to have much more covered. That means that if anything breaks, you don’t have to stress over the cost. Bringing it into the repair shop will also be much less stressful.
Car extended warranties give you more coverage over time, too. Instead of one year, you can take advantage of them for three or five years. It gives you a chance to figure out how long you plan to use the car and pick a warranty that fits that timeline.
Before purchasing an extended warranty, it’s a good idea to look at the full picture. Check into what you’re looking to have covered and for how long you’ll need it for. Choosing the right extended warranty for you is key to making the most of it.
4. They Keep the Value High
What does the future of your used car look like for you? Will you be interested in selling it in five years?
This is important to think about when purchasing an extended warranty.
Usually, you would get one to cover repair costs, but did you know that it can also be helpful if you plan to sell the car later?
If a buyer is interested in your car, you can inform them that you have an extended warranty. This will tell them a few things.
First, they’ll know that you’ve taken good care of the car. If anything was to come up, it would have been covered by the warranty.
Second, this also means that there’s less likely to be damage or any severe problems with the car. For a used vehicle, this is important for buyers to know.
In turn, this means that the resale value of the vehicle is more likely to go up rather than down. It’s a win-win for everyone!
5. They’re Accessible
When you visit the dealership to buy your used car, you can also ask for an extended warranty there.
It’s easy, accessible and something that you should always ask for some information on. If something is unclear, you can ask the salesperson about anything that you’re unsure about.
At Monster Cars, you can feel comfortable asking about extended warranty options.
We can present you with a few different options and help you decide on the one that makes the most sense for you.
It will give you something to think about while pondering on your used car. Remember, it’s there to protect you and your purchase!
It’s a great opportunity to take advantage of to make the right decision, so don’t forget to ask about it when you come in!
Should I Get a Used Car Extended Warranty?
The benefits of a used car extended warranty are all great reasons to get one.
If you have worries about the future when it comes to your car, you might find value in purchasing one. You’ll always have peace of mind knowing that you can fall back on the warranty if anything comes up.
At Monster Cars, we pride ourselves in serving Pompano Beach, Florida, with our incredible service. We’re the place to go if you’re looking for a used car.
Have you decided that a used car extended warranty is right for you? Contact us to ask how we can help you with your purchase!