When Should You Consider an Extended Warranty for Your Vehicle?

Here at Poquet, we get a lot of questions about our extended warranties. What do they cover? When are they a good idea?

An extended warranty is a service contract that will cover the cost of certain repairs and services after the factory warranty expires.

Below, we’ve put together a list of answers to common questions, from what an extended warranty is to choosing the one that’s right for you.

3 Times When an Extended Warranty is Right for You

1. You Plan on Driving the Vehicle for a While

If you plan to turn around and sell your new car within the next year or two, an extended warranty probably doesn’t make sense. However, if you want to enjoy your luxury vehicle for a little longer, it may be worth the investment.

An extended warranty will supplement the factory coverage while it lasts, and then take over once the factory warranty expires. However, don’t wait to purchase an extended warranty – prices often go up dramatically after your first year of car ownership, so it’s a good idea to buy while the price is low.

2. Repairs are Pricey

You love your new Audi, Mercedes, or other luxury vehicle. You’re especially grateful for the new tech features available to you, like backup cameras and advanced driver assistance programs. And you’re thrilled that cars today are more reliable than ever, decreasing the likelihood of repairs.

Not so fast, says Poquet General Manager Dave Martin. A car is just another piece of machinery, after all, and “you never know” what might happen. Machines break.

It’s true that repairs are fewer and farther between with newer vehicles. However, their average price has gone up dramatically as technology has gotten more complex. If you’ve invested in the latest and greatest in technological advancements, protect this investment with an extended warranty.

3. You Want Peace of Mind

At the end of the day, an extended warranty provides the peace of mind you need to enjoy your vehicle without worrying about unexpected expenses it may cause. Whether you’re gearing up for a holiday road trip or just enjoying a luxurious commute to work, an extended warranty means you can rely on your vehicle for years to come.

If you hate surprises – especially pricey auto repairs – an extended warranty may be right for you.

How to Choose the Right Extended Warranty

When you’re shopping for an extended warranty, keep in mind that they’re not all created equal. Even if two different retailers promise “bumper to bumper coverage,” this phrase may mean vastly different things according to who you’re talking to.

Here at Poquet, we’re proud to offer extended warranties that cover everything from dead key batteries to headlights. This coverage is much more comprehensive than your average dealership. You can rest easy knowing that your car will be cared for at Poquet.

One Final Tip – Invest in the Right Car

If you’re considering an extended warranty, these tips will help you make an informed choice.

However, don’t forget the most important step: make sure the vehicle in question is worth insuring.

If you’re in the market for a vehicle, used luxury cars are often a smart investment at the price you need. Looking for a hardy vehicle to get you through the Minnesota winter? Call us at (763) 522-2000 or visit our website to discuss our inventory of winter-ready, hardy used luxury cars.