an extended warranty can guard against the high costs of unexpected and unforeseen repairs – although, again, there’s the chance that what you save on the repairs won’t be enough to justify the cost of the warranty. Another positive factor...
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You especially want to avoid the extended warranty if you’ll be financing it as part of your car loan. The total cost of the warranty, including interest, will be exorbitant. Your best option is to simply deposit that money in a savings account for potential vehicle repairs and maintenance...
If you can afford the potential cost of car repairs, you should never buy an extended warranty. If you can’t afford them, you may want to consider buying the vehicle manufacturer’s warranty. Never buy an extended auto warranty from a third party. If trouble happens, the manufacturer is ...
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