Car — Is It Worth Buying Extended Warranty On A New

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.

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 is it worth buying extended warranty on a new car

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. The price of a warranty is heavily marked up