What Is An Extended Service Plan?

When you purchase a used pickup truck at our dealership, it’s commonly covered by a manufacturer warranty for a certain number of miles or years. Once the coverage expires, you’re responsible for covering the service repairs of your vehicle. This is why many drivers often ask, are extended service plans worth it? Learn more about an extended service plan in this handy guide from the team at Truck Ranch. Our team is standing by if you have any questions.

Benefits of an Extended Service Plan

So, are extended service plans worth it? Once your manufacturer warranty ends, get the added peace of mind with an extended service plan, which can roll the cost of your service throughout the loan. While these plans are not for everyone, it’s essential to consider the plans, cost, and whether or not they’ll be beneficial for you.

What Is An Extended Service Plan?

Also known as an extended warranty, this optional plan prevents you from expensive repairs once the manufacturer’s warranty expires. These plans are often offered by third-party providers and dealerships at affordable rates. With the extended warranty, you’ll pay a small amount each month and a deductible when services are needed.

What is Covered?

Several different extended service plans cover different repairs. Comprehensive coverage is similar to a drivetrain, powertrain, corrosion/rust, or bumper-to-bumper warranties. Extended services often include additional perks like towing, rental car reimbursement, and roadside assistance.

How Much is the Extended Service Plan?

The cost varies depending on your vehicle and the provider that you decide to go with. Below is a look at the different factors that determine the cost of your extended service plan:

• Age of the vehicle
• Mileage of the vehicle
• Buying from a dealership versus a third-party provider
• Vehicle year, make, and model
• Level of coverage
• Number of high-tech components in the car
• Driving habits
• Routine vehicle maintenance

So, are extended service plans worth it? There are typically more pros than cons, but if you’re worried about paying for costly repairs, it’s worth considering. When you visit our dealership to purchase your next pickup truck, we’ll go over your options to help you decide which one is best suited for your needs.

Get Additional Tips at Truck Ranch

Want to know more about an extended service plan? Don’t hesitate to give us a call! We’re proud to serve as your go-to destination for all of your automotive needs.