Are Extended Warranties Worth It?

Signing Finance Documents for Car

If you’re considering a new GMC vehicle, or even a certified pre-owned car, you’ve probably heard about an extended warranty being purchased. As a result, some Fairmont buyers might consider the question, “Should I buy extended warranties?”

 

 

At Dan Cava's GMC, the question, “Are extended warranties worth it?” has come to us on numerous occasions. Depending on your budget and needs, an extended warranty is something to consider if you want to have your car for years to come. So should you buy extended warranties? That’s what we’re going to find out below, read on to learn more.

What is an Extended Warranty?

So what exactly is an extended warranty? This is an additional plan you’ll be able to opt into whether you’re planning to finance a used or newer GMC vehicle. Such an offer allows you to have additional maintenance coverage once the original factory has expired. Think of your extended warranty as an additional safety net. If you’re in need of a major repair and the primary warranty has ended, an extended warranty can greatly assist.

What Else do Extended Warranties Cover?

While these vary between dealers and manufacturers, alongside whether it’s a new or used vehicle, Extended warranties can off options related to coverage including, but not limited to:

  • Roadside Assistance.
  • Towing.
  • And More.

Extended Warranties For New & Used Vehicles

Remember that the question of “Are extended warranties worth it?” will depend on whether you’re seeking a newer or used vehicle, alongside the car’s condition. Here’s some things to consider in between the two:

New Vehicles

  • Are you planning on swapping out this car in the next 10 years? Then perhaps an extended warranty isn’t for you.
  • For those considering ownership of a vehicle beyond 10 years, an extended warranty is well worth the investment.
  • It’s also important to see what the insurance coverage includes when you purchase a new vehicle.

Used Vehicles

As with all used vehicles, an important element is the topic of reliability. Remember before looking at used vehicles to do the following:

  • Having the vehicle inspected and an estimate made for any potential issues that need to be fixed.
  • Decide how long you’re planning to keep your vehicle in general before you purchase it.

GMC Extended Warranty Coverage

If you’re considering a new GMC vehicle, General Motors offers a 5-Year/60,000 Miles Coverage for all their Buick and GMC models. Yet that’s not the only coverage option as the following are also available from them:

  • GM Extended Limited Warranty – 5 Years/60,000 Miles.
  • GM Platinum Protection Plan – Up to 5 Years/60,000 Miles.

The first offers bumper to bumper coverage, extending to all vehicle parts, while the platinum plan is endorsed by General Motors and is offered by AMT Warranty, covering a variety of options for your vehicle as well.

Do I Need an Extended Warranty Around Bridgeport?

If you’re worried about breaking your budget or dealing with a repair, an extended warranty is a great option. Rather than losing money on account of a severe repair, it’s best to have an automotive safety net that can handle things when they come up.

Discuss All of Your Financing Options at Dan Cava's GMC

Now that you know about the answer to “Are extended warranties worth it?” consider your financing options at Dan Cava's GMC. As you explore our new vehicles and ponder extended warranties, you can also learn about different automotive maintenance on our website.

Whether it’s how much to replace brake pads or How to clean leather car seats, we have answers for you. No matter if it’s extended warranties or a new vehicle, Dan Cava's GMC is here for you. See you shortly!

 

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