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Is the Jaguar extended warranty worth it?
I’m going to buy a new Jaguar, and the salesman keeps pushing for an extended warranty. I’ve heard bad things about how extended warranties are a waste of money, but I also know how much imports are to repair. Is it worth my money to buy a Jaguar extended warranty?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Whether or not you should buy a Jaguar extended warranty is entirely a matter of preference and your current financial situation. You may want to buy an extended warranty if:
- You plan on owning the car beyond the 5-year, 60,000-mile new car warranty from Jaguar.
- You can’t afford to pay for major repairs.
- You have little disposable income or are planning to make a large purchase such as a house in the near future.
The extended warranty plans from Jaguar typically run from about $2,500 to $5,000 depending on the model and the length of the warranty. You can always roll this into your
car loan
, but then you’d have to pay interest on it. Alternatively, you can start a repair maintenance fund and set aside some cash to pay for future repairs.Either way, you can put more money in your pocket by lowering your
Jaguar insurance costs
. Just shop for car insurance with the Jerry
app!Jerry is a
trustworthy super app
that collects quotes from over 55 top-rated insurers in under a minute. After you find a great rate, Jerry can help you buy new insurance and cancel your old policy. Users save an average of $800+ per year.View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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