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The high cost of buying a car is one reason it can be so tough to decide whether to add the extra expense of an extended warranty. According to Motor1.com, the total cost of an extended warranty ...
You can also buy extended car warranties that last much longer, such as seven years or 100,000 miles. Ultimately, you can choose to buy a longer warranty if you think you'll keep the car for a ...
The scope and duration of automotive warranties can vary significantly, but they generally cover areas such as: bumper-to-bumper warranty, powertrain warranty, corrosion warranty, emissions warranty and others. [2] There is also an "extended car Warranty" also known as a "service contract" which is purchased separately.
The Office of Fair trading investigated the extended warranty market again and published a market review in 2012. They said that the UK market is worth an estimated £1billion [13] a year. Out of this £1billion they estimate 75% of people do not compare prices before buying an extended warranty.
According to Motor1.com, extended car warranties range in price from $2,000 to $5,000, with the average cost around $3,000. Factors such as your location and the specific vehicle will determine ...
It's tempting to cave in at the dealership and add that extra $10 to your monthly car payment for an extended warranty. But experts advise you to wait.
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