Autopair Everything You Need to Know About Auto Warranty | Page 11

 Improved resale value: Considering that you can transfer an
extended warranty, it becomes easy to ask a higher amount
from the buyer. Generally, a car with an extended warranty is
likely to attract more willing buyers. The more they are, the
higher the chances of finding someone who’s willing to pay
extra.
 Peace of mind: Lastly, an extended warranty gives you
absolute mental peace. Though you may not use it just like
health insurance, you don’t have to live each day worrying
about what will happen when your car breaks down and you are
not able to meet the repair costs.
Though a Consumer Report finding shows that 55% of car owners
never get the chance to use their warranties before their expiry,
you can argue that an extended car warranty is worth buying if
you consider the above benefits. This is despite the fact that you
may pay more than you’ll ever enjoy as direct financial benefits.