Are Extended Warranties Worth It?

Should I buy extended warranties? Whether you’re shopping around Minneapolis for a new Range Rover or a reliable used vehicle, purchasing an extended warranty will come up during your visit. Are extended warranties worth it? The answer varies, depending on your budget and lifestyle. Learn about extended warranties, how they work, and what they cover with the financial experts at Land Rover Richfield. Feel free to contact our finance team if you have any questions.

What is an Extended Warranty?

This is an optional plan that offers additional maintenance coverage nce your factory warranty expires on your new or used vehicle. Your extended warranty is an extra safety net in the event that your major powertrain ends, and a major repair or replacement comes up, the extended warranty helps cover the cost to have it repaired.

What Else do Extended Warranties Cover?

The plans vary between dealers and manufacturers, and whether you’re getting a new or used extended warranty. However, they could include or have options for coverage, such as:

• Towing
• Roadside assistance
• And more

Extended Warranties for New & Used Vehicles

Extended warranties are available for both new and used vehicles, but work differently depending on the car’s condition. No matter if you want to add the extended warranty on your next car, below are some tips to think about:

New Vehicles

Torn between getting an extended warranty on a new vehicle ear Eden Prairie, consider these factors: 

• If you’re planning on swapping out your vehicle in the next 10 years, then an extended warranty may not be needed since vehicles are built more reliable than ever before. 
• If you’re planning on keeping your vehicle for more than 10 years, then an extended warranty can be worth the investment. 
• It’s recommended to check and see what the insurance coverage is included with your new vehicle purchase. 

Used Vehicles

When it comes to used vehicles and extended warranties, it’s all about reliability. Consider these factors: 

• Having the vehicle inspected and an estimate created for any issues. 
• Decide how long you plan on keeping the vehicle. 

Land Rover Extended Warranty Coverage

With Land Rover Richfield, there are excellent new and used extended warranty options. Check out our inventory and opt in to an extended warranty and enjoy benefits and coverage like:

• Comprehensive coverage for mechanical and electrical vehicle failure
• Overseas Travel Protection
• Unlimited claims or equivalent to the total purchase price of your Land Rover SUV
• Genuine Land Rover parts and Land Rover Approved technicians
• Retain Land Rover Assistance for years to come 

Do I Need an Extended Warranty? 

Extended warranties are excellent for drivers who are worried about breaking their budgets on service issues that could come up and expensive repairs are needed. As we’ve mentioned above, extended warranties provide an extra safety net that’s set in place to protect you should an unpredictable maintenance problem arise.

Get More Financing Tips at Land Rover Richfield

If you have any questions about extended warranties, don’t hesitate to give us a call. We work hard to make your car-buying experience efficient and stress-free.