Understanding extended warranty on car reddit requires examining multiple perspectives and considerations. Are extended warranties ever worth it? On a new car (2018), is it ever feasible to buy an extendedwarranty or are they essentially fraud? Is an extended car warranty worth it? Similarly, : r/personalfinance - Reddit. Similarly, i doubt this warranty covers much of value.
Generally speaking, extended warranties aren't good bets. If you still want one, it is generally recommended to get a manufacturer backed warranty. There are maybe a couple decent third party outfits. You need to read the policy very carefully. New vehicle extended warranties - when and where to buy? What do people think about getting an extended warranty in this situation - if I plan to keep the car 10 years?
Should I buy it from the dealer or are there better places? New comments cannot be posted and votes cannot be cast. What are the best or worst extended warranty companies? If you need an extended warranty to pay for repairs you can't afford to maintain the car you're buying.
Warranty companies exist to make money. They price the warranty on the level of coverage and how much they expect to pay out based on that level. They have data on millions of cars to back up the costs.
In this context, they fully expect to make money off you. If you "win" by the ... Equally important, used car extended warranty? I know used car prices are high but wow. In general no, extended warranties are not worth it no matter how much Ice-T try to sell you on them (he's in the commercials for one of the extended warranty companies).
Realize that if they charged you $2795 (first, that is an insanely high amount), they are likely profiting at least 50-60% on that. Equally important, find the car you want with low miles, much cheaper than new, better/longer warranty. However, I have purchased a third party extended warranty once.
Bought a used Mustang GT and they had a reputation for needing expensive AC repairs. Moreover, those repairs cost 3k, warranty was 1500. Ended up getting the ac replaced in less than a year. What do you honestly think of dealer warranties?
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