Should You Buy Extended Warranty Page

If you plan to keep a car or appliance well past the manufacturer’s original coverage period, a warranty can bridge the gap during the "vulnerable" years.

Instead of paying for a warranty, financial experts like those at Kiplinger and Investopedia often suggest putting that same amount into a dedicated . This way, if the product never breaks, you keep your money; if it does, you have the cash ready to cover it. should you buy extended warranty

If you are buying a product with a proven track record of durability, the statistical likelihood of needing a major repair is low. If you plan to keep a car or

Items with complex electronics or proprietary parts (like electric vehicles or high-end appliances) can be prohibitively expensive to fix out of pocket. if the product never breaks