Are Extended Warranties Worth It?

Whether you’re buying a new vehicle or a reliable used model, you might be asking, “Should I buy extended warranties?” Many Chicago buyers have come to us wondering, “Are extended warranties worth it?” Depending on your budget and needs, a Ford Extended Service Contract can be a great option for those planning to keep their vehicle for many years and want more coverage. 

In the following guide, Sutton Ford answers the question, “Should I buy extended warranties?” how they work, and what they cover. Remember, you can also contact us online or reach out at +1(708) 934-1080 for any other car-buying questions. 

What is an Extended Warranty?

Before answering, “Should I buy extended warranties?” let’s discuss what this option involves. An extended warranty is an additional plan you can consider when you are financing a new or used vehicle that provides additional maintenance coverage once your Ford factory warranty has expired. Consider an extended warranty as an additional safety net; in the event that your primary powertrain warranty has ended, and a major repair comes up. In these circumstances, a Ford Extended Service Contract can help cover the cost of repairs.

What Else do Extended Warranties Cover?

When asking, “Are extended warranties worth it?” it’s important to remember that plans vary depending on dealers or manufacturers, along with whether you’re getting a new or used vehicle. However, an extended warranty has, or may include options for coverage for the following:

• Towing
• Roadside assistance
• And more

Extended Warranties for New & Used Vehicles

You can purchase an extended warranty for both new and used Ford vehicles, however, they work differently depending on the car’s condition. Whether you want to tack this option to a new or used vehicle, here are some tips to consider: 

New Vehicles

When it comes to deciding whether you want an extended warranty for a new vehicle, you should consider the following factors: 

• Do you plan on swapping out your vehicle in the next ten years? If so, then you may not need one, as vehicles are made to be more reliable than they were before.
• If you want to keep your vehicle for more than ten years, then an extended warranty is definitely worth the investment. 
• It’s also worth considering what insurance coverage is included with your new vehicle purchase. 

Used Vehicles

When it comes to pre-owned Ford vehicles and extended warranties, reliability is a major aspect to consider. You have to debate: 

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

Ford Extended Warranty Coverage

At Sutton Ford, our Ford Extended Service Contracts can cover both new and used models. New Lenox and Hammond drivers have come to us for their next vehicle for many years. Browse our current inventory and add an additional warranty to get the following protections:

• Covers service for engines, transmission, front-wheel, and rear-wheel drive, steering, brakes, front suspension, high tech, and more.
• Uses genuine Ford OEM parts for any replacements/repairs.
• 24-hour roadside assistance.
• No out-of-pocket expenses – For covered repairs, you only pay an applicable deductible.
• Your coverage is transferable.

Discuss All of Your Financing Options at Sutton Ford

So, are extended warranties worth it? That’s for you to decide. At Sutton Ford, we spotlight all of your Ford Extended Service Contract options that are available for you. You can also browse our new and used vehicle specials, or use our payment calculator to determine your monthly payments. Come down to our Matteson dealership and get all your car needs solved!