Nov 19 2008
Extended Car Warranties
Buying extended car warranties for your new or used car can be confusing and expensive.
Yet they are so needed because if you don’t have an extended warranty after your factory warranty ends, then you are on your own and with the high cost of repairs, an extended auto warranty can pay for itself even the first time you use it.
But if you choose to buy an extended auto warranty from your car dealer, which is what most car buyers do, then you can expect an extremely high pressure and unpleasant experience in the finance department.
The reason is because extended car warranties are one of the most profitable things that a car dealer offers.
The sale of them is handled in the car dealer’s finance department and the pressure to buy their extended auto warranty can be intense.
So what should you do? There is no doubt that car warranties are needed and even though car dealers will try to make you feel like an idiot for turning down their expensive warranty - there is an alternative.
