Are Extended Warranties Worth It?

Mans Hand Reviewing Car Extended Warranty

Let’s say you’ve just found the perfect vehicle for Tacoma travels, but now you’re working through the paperwork. You’ve picked out your trim, you’ve chosen your favorite options, but what about your warranty? Are extended warranties worth it for the average Bonney Lake driver?

The answer depends on your budget and driving habits. Generally speaking, extended warranties are a great idea for extra peace of mind. These plans allow you to keep your car in top shape, year after year without stress. Let’s go into the basics, so you can determine for yourself!



What is an Extended Warranty Anyway?

An extended warranty is an optional warranty package that you can select during the financing process. Whether you choose a new or used or Certified Pre-Owned model, you can choose this add-on to provide extra protection once the factory warranty expires. Many drivers think of an extended warranty as a safety net against headaches in the future. If your powertrain warranty ends, your extended warranty will keep you covered. Plus, some plans even include perks like towing or roadside assistance.

Tips for New and Used Vehicles

Nearly any vehicle you choose is eligible for an extended warranty, but each plan will vary slightly based on your car’s condition. So when you’re shopping around, consider the following:

  • New Vehicles: How long do you plan to keep your new vehicle? If you want to trade in your car after 10 years or less, then you can probably skip the extended plan. But if you want to keep your car for the long run, an extended plan is a great idea.
  • Used and CPO Vehicles: When dealing with a used model, be sure to get a good inspection. Your technician will tell you about any chronic issues the car may have, so you can see whether or not you’ll want to invest in an extended plan. And like a new car, think about how long you plan to keep your used model.

Should I Buy Extended Warranties?

So, should I buy extended warranties? Once again, think about your budget and driving habits. Nervous drivers may appreciate the extra peace of mind that comes from an extended warranty. No need to worry about a major issue popping up and draining the bank account. This safety net will cover you in case of any unexpected calamities. But, if you like to upgrade your cars frequently, your basic coverage may be plenty. As always, feel free to contact us for more personalized recommendations.

Find Out More with Bill Korum's Puyallup Nissan

Whether you want to learn more about extended warranties or first-time buyer tips, the experts at our finance department would love to help. Want to find out more? Discover the difference between used vs. CPO cars or learn how to finance a car with no credit. We’d also love to help you compare the Nissan Frontier vs. Toyota Tacoma.

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