Question about extended warranties on vehicles

Depends on what it costs and the coverage. I paid $1200 to extend a $43,000 vehicle to 5 years or 100,000 miles which I felt was a good deal.Either way you can make them take it out no matter what you signed for a short period of time afterwards

Thanks, mine was about $1800 for a vehicle about half that value..

Now that cars are rolling home theaters with heated power seats, cameras, vehicle sensors, etc. the old philosophy of never buy the extended warranty needs to be re-evaluated. I just replaced a NAV/stereo unit under a extended warranty, would have been $3,600 from the dealer with labor without the warranty, would have probably gone aftermarket, and done it myself without the warranty. Also replaced the rear camera under warranty about a year ago.

I bought a slightly used 2014 Chevy Silverado Quad Cab from my Father in Sept. I asked him to purchase the extended warranty just as the window was closing (he was coming up on 36K Miles). For $1,500 I had a radiator leak that was totally covered. I received a rental (2017 Silverado LT Loaded out) for 3 day’s at my warranty company’s expense and the dealership provided me chauffeur service to and from.

All at zero cost to me. Based on typical costs that amounted to half of the cost of the warranty when labor is factored in. Well worth it IMO considering I’m covered until almost 80,000 Miles. It will easily pay for itself.

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Just read the fine print .. and its always ok to just say no regardless of how guilty they try to make you feel

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When they start the warranty sales pitch with "if this or that fails it could cost x dollars to repair", come back with "if this vehicle is so prone to failures why should I even buy it?"

You can usually buy the same manufacturer warranty online without finance mgrs markup. And have it start when you buy it before 36k