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.
Buying an extended warranty (technically a ) on a new car is a bit like buying "peace of mind" insurance. Whether it’s actually worth the cash depends on your lifestyle and the car you’re driving. The "Yes" Case (When it’s worth it) is it worth buying extended warranty on a new car
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. 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. The "Yes" Case (When it’s worth it) Always