Is It Worth Buying Extended Warranty On A New Car -

If you’re buying a brand known for extreme reliability (like a base-model Toyota or Honda), you might spend $2,500 on a warranty and only ever use $400 in repairs.

Always try to get a warranty backed by the car manufacturer (e.g., Ford Protect or HondaCare). Third-party warranties are notorious for denying claims or going out of business. is it worth buying extended warranty on a new car

If you are buying a complex European luxury car or a brand-new model with untested tech, get the warranty. If you’re buying a reliable commuter and have some savings, you’re likely better off betting on yourself. If you’re buying a brand known for extreme

The price of a warranty is heavily marked up. You can often talk the dealer down by hundreds of dollars, or even buy one from a different dealership online for less. If you are buying a complex European luxury

If a surprise $2,000 repair bill would ruin your month, rolling the cost of a warranty into your monthly payment provides a "fixed" cost for car ownership. The "No" Case (When to skip it)