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When purchasing one of the pre-owned cars in Anchorage, most dealerships try to sell you a variety of added features to increase the total cost of the vehicle. Many of these extra costs aren't worth the money, but what about extended warranties? An extended warranty covers the cost of certain repairs, protecting you from costly bills should something happen to the vehicle. Is it worth the price? Should you get it? To help make the decision, here are some of the pros and cons of getting an extended warranty. Pros The greatest benefit to getting the extended warranty is that it offers security and protection in case of expensive repairs. Most dealerships allow car buyers to customize the warranty in order to better meet their needs. If a person is considering purchasing a warranty, going through the dealership is convenient and easy, especially since the salesperson handles all of the necessary paperwork and monthly payments for you. Another great benefit to getting an extended warranty is that it increases the resale value of the vehicle. For people who only plan on keeping their vehicle for a couple of years, the extended warranty is a great investment to help sell the vehicle. Cons One of the biggest disadvantages to purchasing an extended warranty is the fact that it's expensive, and it may never be needed. It's a lot of money to spend on something that you might never use. Also, it's important to read all of the fine print for the warranty to find out which mechanics and repair shops can be used and what repairs are excluded. When purchasing one of the pre-owned cars in Anchorage, review the pros and cons of getting an extended warranty. If the pros outweigh the cons, then it's a good idea to move forward with the purchase and receive the peace of mind that it has to offer.
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