What specific of car are you looking at right now?
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. is it worth buying extended warranty on a new car
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 What specific of car are you looking at right now
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. If the car breaks, use the fund; if
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.
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 trade in your car every 3–4 years, you are paying to protect the next owner. The factory warranty usually covers you for the entire time you own the vehicle.