Are Extended Car Warranties Worth It?
If your original factory warranty is about to expire, you may be wondering if an extended car warranty is a smart investment. With repairs becoming increasingly expensive, an additional protection plan seems appealing. But are extended auto warranties really worth the money or just an upsell? We'll examine the pros and cons to help you decide. Why Consider an Extended Auto Warranty? Once your included manufacturer's warranty runs out, usually after 3 years or 36,000 miles, you become liable for all repair bills out of pocket. Things like the engine, transmission, electronics, and A/C often start needing repairs after this coverage period. An extended warranty can protect you from these major expenses down the road. Benefits of extended warranties include: Coverage for thousands in future repair costs Protection from unpredictable breakdowns Peace of mind driving knowing you're covered Ability to choose your preferred repair shop Options for rental car reimbursement 24/7 roa