When purchasing a used vehicle, there is a chance that the original factory warranty has expired. This means if you need to pay for any unexpected repairs, it would have to come straight out of your pocket. An extended warranty helps protect you from having to cover the cost of hefty repair bills! If you’re deciding if an extended warranty is worth it, check out the following 5 reasons why we think they are:

An Extended Warranty Helps Save Money in The Long Run

Purchasing a vehicle can be expensive – so the last thing you may want to think about is having to spend an additional amount on the extended warranty. However, the small cost of the warranty can end up saving you thousands of dollars! Let’s say you buy a luxury vehicle, and down the road, you need to replace a part. You could be looking at a price tag of over $10K just for that one part, which is a substantially higher cost than the extended warranty. Used vehicles tend to need a little more TLC than a new vehicle, those repairs add up, and extended warranties cover those costs and save you money in the end.

There Is Always Peace of Mind

There are a lot of things we pay for monthly/annually such as home insurance, car insurance, health benefits, etc. that give us peace of mind in case anything were to happen. Extended warranties provide the same protection, no need to constantly stress about the potential costs of repairs, part replacements, or towing. You can drive knowing that your extended warranty has you covered.

Bonus Benefits

What many people don’t know is that extended warranties can also offer roadside assistance, towing, and even rental car reimbursements. Overall, the extended warranty can ease your worries and stress! You never know what life will throw at you, it’s best to be prepared.

Flexible Options

The best thing about an extended warranty compared to a factory warranty is that you can customize the warranty to suit your needs. You have the ability to tailor the plan to make it just right for you! Review all the options, and decide what you can afford, and what services you require.

We’ll Handle The Paperwork

At KO Auto Finance, we offer extended warranties on all of our used vehicles. Let us help you with setting up the payments and the paperwork. Having to deal with all the paperwork and red tape involved when purchasing a warranty can be stressful and confusing. But with an extended warranty purchased directly through us, you can be assured that everything will be taken care of.

In conclusion, opting for an extended warranty offers several benefits that can safeguard your investment and provide financial and emotional peace of mind. By extending the coverage period beyond the manufacturer’s standard warranty, you protect yourself against unforeseen repair costs, potentially saving money in the long run. Furthermore, the convenience of having support when you need it most cannot be underestimated, making an extended warranty a wise choice for those looking to ensure their purchases remain protected for years to come. Whether it’s for electronics, appliances, or vehicles, considering an extended warranty could be a prudent decision to maximize the longevity and value of your valuable assets.

Contact us today to learn about our extended warranties!