The Risk of Not Having an Extended Warranty

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Many people feel that an extended auto warranty is just another way for dealerships to make extra money off you. What they don’t realize is that an extended warranty can potentially save you thousands of dollars.

Out of Pocket Cost

Not having an extended warranty means that you will be responsible for the cost of repairs, which could cost in the thousands, should any problem with your car arise.

Car’s Longevity

Many people who do not have an extended warranty wait till the last possible minute to get much needed repairs performed. Often times, they are trying to save up the money to have the repair completed. The longer you wait to have an item repaired, the worse the problem can get. Not only will this probably increase the cost, it can also affect how your car will run in the future. If you have an extended warranty, you are more likely to have the problem taken care of right away since all you pay is the deductible.

Peace of Mind

You never know what could happen to your car in the future. It could out live you, or it could have a mechanical failure that could cost thousands. If you don't have an extended auto warranty, you don't get the same peace of mind knowing that in the event of a mechanical breakdown you are covered.