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Monthly Archives: July 2021

Are Aftermarket Warranties Worth It? What You Need To Know

Are Aftermarket Warranties Worth It? What You Need To Know

Extended warranties are a kind of service that drivers can purchase when their car's original manufacturer's warranty expires. It is not an extension of the manufacturer's warranty. This type of warranty is an optional type of warranty you pay into that will be used for future auto repairs to a vehicle's major systems. Extended car warranties, in the end, can save you major money if you ever run into significant car problems. While they can do this, about half of drivers see themselves never using their extended warranty or having a repair cost less than the warranty. In this case, it would make sense to just set aside money yourself for potential auto repair needs. But before making any decisions, it is crucial to understand the pros and cons of extended car warranties.    Pros 1.     Save Money  If you do need a costly repair, extended warranties could cover the repair. So, instead of paying the entire bill, you would only need to pay ... read more

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