Should I Buy Extended Warranty On New Car 〈PRO | PLAYBOOK〉

: Excludes routine maintenance (oil, tires, brakes) and "wear and tear" items.

: Can increase resale value if sold to a private buyer while coverage is active. should i buy extended warranty on new car

For most new car buyers, an extended warranty—technically a —is not considered a good financial investment . Data from Consumer Reports indicates that 55% of owners never use their coverage, and those who do typically spend more on the plan than they save on repairs. Quick Decision Guide : Excludes routine maintenance (oil, tires, brakes) and

You plan to trade the car in within 3–5 years (before the factory warranty ends) or if you are buying a highly reliable brand. : Excludes routine maintenance (oil