By Eve Chen () - April 22, 2019
When you purchase a car you will typically be asked whether you want to buy an extended service contract (ESC.) An ESC provides coverage for repairs needed after your manufacturer’s warranty expires. Should you go for that extra peace of mind an extended warranty provides? Or, should you save your money and put it directly toward future repairs. There is no one “right way” to answer this question.
Be sure to speak with your dealer’s sales rep or finance manager with questions, or contact the policy provider directly. Understanding the detail is the key to getting maximum value!
If you did not get an extended service contract but have changed your mind, you can always add it if you refinance your vehicle down the road! Refinancing can be a great option once you have been making multiple payments and when your credit score is around 600 or higher. If you feel like this describes you, try reaching out to RefiJet to see what you may qualify for now! Plus, your rep can walk you through extended service contracts and help you decide what’s right for you.