Is It Worth Buying Extended Warranty On A New Car -

Modern cars are computers on wheels. If a massive infotainment screen or a complex driver-assist sensor fails, the repair cost can easily exceed the price of the warranty.

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

What specific of car are you looking at right now? Modern cars are computers on wheels

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. Third-party warranties are notorious for denying claims or

Instead of giving the dealership $2,000, put that same money into a high-yield savings account. If the car breaks, use the fund; if it doesn't, you keep the cash. Pro-Tips for Buying

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)

If you plan to drive the car for 7–10 years, an extended warranty kicks in right as the factory warranty expires and things start to wear out.