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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.
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 ...
An extended car warranty cost varies from policy to policy, and the car you want to cover will have a lot to do with the cost of the warranty. Your quote will depend on a few factors, including ...
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.
In retail consumer electronics, extended warranties cost 20% to 30% of the price, and give sales associates up to 15% commission at some retailers. [3] [4] Consumer advocate groups, such as the non-profit Consumers Union, advise against purchasing extended warranties unless they can be purchased at manufacturers cost. David Butler of the ...
According to Consumer Reports -- the shopping bible of thrifty Americans everywhere -- there are precious few instances in which it pays to buy an extended warranty on a product you purchase.
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