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So you just bought a used car and now you’re excited to drive it around the city. But before you do so, how well do you know the used car you just bought? Do you know if your car has the proper coverage in case of any car troubles in the future? Do you think that it will last until 2021 without getting any car repairs?

More often than not, people don’t realize how expensive and stressful car repairs can be. When you buy an extended car warranty for used cars, you are not only buying additional coverage for your car but you are also buying peace of mind for yourself.

How much does an extended car warranty for used cars cost?

Depending on where you’re planning to get your coverage from, extended car warranties for cars like Ford Escape can cost from $750 to well over $1000. Most direct car dealers charge more of what the actual cost is making its retail value spike up to more than $2000. For a more budget-friendly price, consider a third-party extended car warranty for used cars.

Choose the right coverage for you

There is a lot of car warranty coverage offered and each one covers a wide range of car parts and components. The best choice you can buy for a used car warranty is to know the exact coverage you need. If you have doubts about whether you can identify what your car needs, ask your trusted mechanic to help you figure it out.  

Choose the right dealer for you

There are two types of dealers where you can get an extended car warranty for used cars. One is offered by car dealers themselves and the other one from third-party dealers. Before you sign that contract with your car dealer, make sure that you’ve done your research. Ask around first, third-party dealers are the best people to fish out useful information concerning a used car warranty. They simply will give you an unbiased opinion. I’m not saying that direct car dealers are scammers, they’re not. In fact, they’re very reliable when it comes to car repairs, but they’re most likely pricey.

Choose the right budget for you

There are a lot of factors that determine the cost of your warranty like the kind of car you have, the mileage, and your driving behaviors. Knowing all of the basic factors will let you arrive at a cost you’re willing to pay versus the kind of coverage you will get.

This might seem a bit tedious to do, but knowing what you need and how much it might cost will save you a lot more cash. Some people might be thinking that buying the cheapest or less expensive car warranty is the best way to go, but it’s not. Doing this might do more harm than good to your wallet. When you opt to buy the cheapest, the inclusions on that warranty might not cover the exact parts you actually need to be covered.

Why is there a need to buy an extended car warranty for used cars?

More and more people are now opting to buy used cars over brand new ones since it allows them to save more money. Compared to brand new cars, used cars come with some wear and tear without a doubt. It won’t be a matter of “if” the car will break down but instead “when” the car will eventually break down specially if you’re driving in cold weather. Used car warranties will help you rid yourself of all your worries whenever you’re on the road.

Key Take-away

Our main goal when we buy a used car over a brand new one is to save more cash. With this, always remember that used cars already have some sort of history. May it be a good one or bad, we should be prepared to expect unexpected car repairs in the future. Especially if you’re planning to keep the car till the wheels fall off, buy an extended car warranty for your used car. It won’t be a matter of “if” the car breaks down but “when” it does. Until then, buy yourself some peace of mind, buy an extended car warranty for used cars.