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Should I Buy an Extended Warranty?

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When you’re getting ready to purchase a new or pre-owned vehicle for your Sparta Twp adventures, one of the most important things to consider is its reliability. When you purchase a new Honda vehicle, you’re getting the benefit of comprehensive warranty coverage for added peace of mind.

But, what happens when your warranty coverage is over? Or, maybe you’re considering a pre-owned vehicle instead? That’s where extended warranty coverage comes in. So, should you buy an extended warranty? The answer depends on your specific needs and what you expect out of your vehicle. Today, the finance experts at Sussex Honda will help you take a deep dive into extended warranties and help you answer:

  • What is covered under an extended warranty?
  • Are extended warranties worth it?
  • Should you buy an extended warranty?

Extended Warranty Coverage

You’ll have the option to go with an extended warranty when you’re financing a new or pre-owned vehicle. Most of the time, extended warranties help protect your vehicle after the factory warranty has expired. In the event that any service item or major repair comes up as you’re driving around Hackettstown, the extended warranty can help cover those unexpected costs. Depending on the exact extended warranty you choose, coverage can include:

  • Roadside assistance
  • Towing costs
  • Cost of parts
  • Labor prices

Are Extended Warranties Worth It?

We mentioned that extended warranties are available for both new and pre-owned vehicles, but is it worth it for what you’ll be using your Denville daily driver for? Before we can help you determine if it’s worth it to get an extended warranty, here are some things you should consider:

New Vehicles

  • If you like to regularly trade in your vehicle for the latest ride, it may not be necessary to opt for an extended warranty.
  • Do you like to keep your vehicles for a long time? An extended warranty may not be a bad idea.
  • New vehicles don’t always have reliability ratings because there’s simply not enough data.

Pre-Owned Vehicles

  • If you don’t have time for a pre-purchase inspection, an extended warranty could help protect you.
  • How long do you plan on keeping the pre-owned vehicle? If it’s a long time, it may be smart to get an extended warranty.
  • The maintenance history of a pre-owned vehicle may not always be well known.

The Bottom Line: Are Extended Warranties Worth It?

At the end of the day, are extended warranties worth it? Depending on the exact needs and usage you expect from a vehicle, it’s probably a good idea to opt for an extended warranty. They can help cover unexpected repairs that may come up with any new or pre-owned vehicle.

Discover Extended Warranties With Sussex Honda!

Looking to add extended warranty coverage on your next Newton daily driver? Visit Sussex Honda today, and we can help you get protected with an extended warranty. If you have any questions, please let us know how we can help!

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