Buying Extended Warranty On New Car Access

If you roll the cost of the warranty into your auto loan, you aren't just paying the $1,500 to $3,000 sticker price; you are also paying interest on that amount for years, significantly increasing the total cost. When It Might Be Worth It

Surveys by Consumer Reports have shown that more than half of owners with these plans paid more for the coverage than they ever received in repair benefits. buying extended warranty on new car

Dealerships push these contracts because they are high-profit items, often with markups of 30% to 50%. If you roll the cost of the warranty