There is often usually a deductible, too.If the extended warranty only covers limited items, and the reliability of those has been good in that model lineup, then the extended warranty might not be the best choice. It really comes down to how much risk you are willing or can afford to ...
There is no law requiring extended vehicle coverage, but thereisa financial risk. An extended warranty is similar to an insurance policy: If major repairs are needed, you could end up saving thousands of dollars. Also, the cost of many smaller repairs can add up over time. These costs are ...
Is an Extended Car Warranty Worth It? In terms of financial value,whether extended warranties are worth itis somewhat up to chance. If your car ends up needing repairs, there’s a strong likelihood you’ll pay less for a warranty than for the cost to fix the issue. However, it’s possi...
Is the Volkswagen Extended Warranty Worth It? Deciding if you need a Volkswagen extended warranty comes down to three factors: your car’s reliability, expected repair bills and whether you still have factory coverage. While it’s impossible to predict exact repair costs, you can look at the ...
Nope. Extended car warranty plans are usually not worth the money for the majority of those who purchase them. Studies by consumer groups have found that most plan owners say they pay more for the premium than they get back in covered repairs. But it’s not always about the bottom line....
Is the Honda Extended Warranty Worth It? Whether purchasing a Honda extended warranty is worth the investment depends on your unique needs and circumstances. Ultimately, it comes down to three core factors: vehicle reliability, average repair costs and whether you currently have coverage. If you do...
When you’re pulling out your wallet to pay for abig-ticket item, it’s hard not to be tempted by the extended warranty sales pitch—even if it increases the cost of the purchase by hundreds of dollars. But are extended warranties actually worth it? In most cases, the benefit of these...
You also want to look at the deductible you need to pay. A car warranty deductible operates the same as anauto insurance deductible. It’s the amount of money you need to pay out of pocket for a covered repair. You can keep the warranty price lower by choosing a higher deductible, but...
There are three main types of extended warranty or mechanical breakdown insurance: a manufacturer's own extended warranty, which you can buy when the car is new or before the original warranty runs out; a used car warranty supplied by a ... S Huntingford - 《What Car the Only Plain Engli...
» LEARN: How to choose an extended car warranty Protect your vehicle with personalized coverage. View Plans Is a Land Rover extended warranty worth it? To preface, our source at the Land Rover dealership told us that the most common extended warranty she sells is a seven-year/100,000-mil...