Should You Buy Extended Warranty on Cars?

I bought a warranty plan through my dealer on my used Volkswagen and it paid for a brand new turbo and numerous leaks and issues. Made my money back x2

We were told extended warranty needed to be purchased before taking the vehicle home.

no questions right now, but did subscribe in case i do..

highway miles are MUCH better for a car, so to say if you drive a lot miles you should consider an extended warranty, I disagree, more city miles would be a reason to buy a warranty.

Hi! I need help. So I bought 2023 Honda civic sport, and just got an extended car warranty, should I just cancel it?

Most extended warranties on most vehicles are not worth it.
However, it may be worth it on a European luxury car. I purchased a full warranty with RoadVantage from the dealer I just bought my 2018 Porsche Panamera from. I only paid 4k for a 6 year 80k mile warranty. The vehicle has 13k. The warranty covers almost everything, including the airbag suspension, front end components, bushings etc. Pretty much only the exhaust, rust, and brake rotors/pads arw not covered. I have the car 2 months and already used it for a faulty AC o-ring. RoadVantage covered the ORings as well as the cost to refill the AC system with freon. The bill was $600. They authorized the repair in 2 hrs! With Porsche, not much needs to break to make this warranty worth it. Each airbag strut is over $2800 to replace! This of course is the exception. Toyotas go 150k+ miles with no issues at all. Even American cars will go at least 80-100k miles before they may need a major repair, and most of the time l, it's not that expensive to fix.

purchasing a 2016 bmw 5 series with 76000 miles, dearlership warranty is at 3/3600 with a Maintenace 5/6000 for 7764. im also buying a 2017 audi a4 with 62500 miles 4/48 with added Maintenace 5/6000 for 7743. sounds like im about to get ripped off. they did offer to take 1000 off each car IF I BUY WARRANTY. if i dont get warranty then only 200 per car. NEED HELP BY JUNE 6TH

Thanks!

Hi. Buying a KIA PORTAGE top trim gas. Dealer is selling 10 year warranty for 4300 CAD + tax!!! I only do 5K km /year. Should I buy it?I will keep the car 10 years. Thanks 🙏 😊

The head-turn every couple words is distracting

Hello I am doing a lease buyout on my 2019 Honda civic they have offered me an extended warranty I guess it's worth 3000 cad is it worth it ? Should I say yes or no to it ?

I bought a 2019 Honda passport new (3 year/ 60k km original warranty) and bought the extended warranty. Now in year four i estimate i have received $5k in repairs since the end of the basic warranty. Who'd a thought with a Honda - I've had many electrical issues and they are still not fixed.

Hi everyone, I just bought a new Dodge Durango and was given third party extended warranty Eg Assurance. Wondering if thats a good insurance or if I should even cancel it? Is it worth it..I still have a older car so I wont be driving the durango all the time.

Definitely, extended warranties are designed to protect the owners from any loss, aside from the fact that the businesses owner(s) sellers won't ran out of things to do, since the details are important in managing the extended warranty programs designed or accompanied by the car brand/reseller. The warranty is recommendable, it adds value for money as well, when you know the shelf life of QUALITY of the item as well as the parts and equipment that comes along with the product, there's. O problem for the owner(s) to have the items always reconciled with the services that the warranty offers and so as the sellers forecasted purchase expense and sales approach, designed for consumers and businesses respectively. Patents, Trademarks, Copyrights, LLCs, Registrations, Registered, Intellectual Property Rights are owned by its owners and has rights to examine the details of the content, in order to reconcile the quality of products, goods and services accompanied/designed for and by the brand. PLDT SME Nation/Generalist/Manage Care/./././,G.M. Industries. DON'T DELETE, this is IMPORTANT. Thank you.

Does anyone have any good experiences from Premier Auto Protect Extended Warranty? They are offering me comprehensive extended bumper to bumper warranty on my high mileage vehicles. I thought it is a scam but they are offering it on my vehicles even when they currently have 225,000+ miles

The Honda dealer offered me employee pricing on the extended HondaPlus 7 year warranty on my new 2023 HRV after I refused it the first time. I drive 10000km a year . Is it worth getting? The A/C on my last CRV failed just before 7 years a $3600 fix.. It works out to a 20% discount on the manufacturer’s price.. They keep bringing up the potentially expensive to fix issues like electrical and cvt failures. It also includes roadside assistance which usually costs $120 a year with CAA. So that’s $480 saved I would of spent on anyways.

learned a lot from this video thank you

Stay away or buy a good ext warranty only just before your car warranty goes out.
Never buy a warranty when you buy your car! You can get it later. Stay away from Carshield! You've been warned! 🤟

Your mouth said a LOT??

Buy a QUALITY AUTOMOBILE!

What are you saying? Poor information?

Getting a great deal at my work on a used Lexus UX250 with 60k miles on it.

Can’t decide what to do warranty wise. (There’s 10k left on the power train, battery is up to 150)

Is it worth getting coverage due to the first owner adding on 60 miles in two years? I won’t be driving it anywhere near that much.

Would you recommend the extended warranty for a 2023 hyundai palasade calligraphy? I'm more worried about the electronic and touch screen

No the extension always fucks up the wheels
And the axles get all bent out of shape
There's nothing worse than a broken axel

I keep hearing how bad CVT transmissions are and also hear that Hyundai & Kia engines keep going on fire. Question is which should I avoid buying since I will be buying my son a used car. I thank you for your feedback.

Can you still buy warranty after a lapse of no warranty?

I really can't find this information anywhere but I have a question. Lets say I buy a VW which has a 4yr/50,000 of factory protection & then decided to purchase an extended warranty of 10yr/150,000 miles right before the factory expires. Does this mean it will be covered for an extra 10 yrs on top of the 4yrs or is it only covered until the car marks its 10th year?

I am looking at 2015 Honda I drive 2days a week I work at home and just drive Friday and Sunday at 64yrd old I do not go much I SHOULD BE OKAY!!

WHILE buying a car and being harassed by the Finance Manager, HOW can you go home in the middle of finishing the deal......do research and then come back to them ?????? Really ?

We just bought a Honda HRV 2023 EX-L for our son. Dealer offered us a $2300 Triton for 10 years or 100k miles. They said it is better than Honda because they have better roadside assistance and rental car coverage up to 60 days instead of 6 days. I did not take it but looking into Honda Care which can be gotten later (up to original warranty expires). It covers 100k miles up to 8 years instead of 10 years

Very good info I am buying a car from CarMax need week a Honda Cr-v 2015, So I need to get educated on Expended warranty.

can you tell us where to buy extended warranty other than the dealer?

Most car extended warranty companies are scams just like the dealers. They want your money but when it comes time to use that warranty they ignore you.

Nowadays??? 1000000% YES, AS MAJORITY OF COMPONENTS ARE ELECTRICAL!!!! Good luck with that when you are out if Warranty. Modern day card are more reliable than ever????? 😂😂😂😂

I am planning to get toyota ecp platinum warranty for 84 months /200k km.. but they are charging 5000$ .. does it worth it .based on your experience??

How do you know the dealership is giving me an OEM extended warranty??? What if the dealership says it is an OEM warranty, but realistically it is not??? They also at the dealership have what is called gap insurance, which not to sure what that covers at this time.

For only 2 more years at the cost the extended warranties provide, might as well save that 1500-2000 dollars and just make the repair on the high end repair item. I have had a Monte Carlo for 21 years with 109,000 miles on it now and just paid for the high end repairs over the years which were very few and far between type repairs.

I see these car protect plans on TV ads and know most of these are scam insurance companies that don't live up to their policy claims. Like one person said in the comments here, How can you trust any of them when I do have or get a problem.

We don't have to get an extended warranty at the dealership and can sign up for one later on if it might be needed. Something for me to think about before my purchase.
thanks for the video and take care.

I like to add you can go online and price shop an OEM warranty from different dealers this is a good idea as they are selling the same plans also i got my estended warranty through my insurance company (Geico) 1000 dollars for 7 years with a 200 deductible used one time on my 2016 chevy impala replacing power motors in moon roof dealer charged 1500 dollars paid for intself would recomend

Hello sir I do have a question. I purchased yesterday Infiniti qx60 brand new and I purchased extended warranty from Infiniti manufacturer which will cover 8 years I think 100k . The cost that I spend more than 3000k . I don't drive that car alot . I was wondering your opinion is it good that I purchased extended warranty. I am not planning to sell my car very soon. I hope you will reply to me back . If I want to cancel it is it possible too. Waiting for your replay.

Thank you

Hell no never

Am planning to buy a 2019 Acura with 40k miles on it
Dealer is proposing me to buy an extended warranty for 4K he claims it a bumper to bumper as you mentioned in the video doesn’t exist

Is it advisable to buy this warranty ?

Thanks in advance

I couldn't watch this, this guy moving his head left to right constantly.... so annoying disliked cya

No, I wouldn't buy extended warranty 👍💯

Hyundai. Extended warranty. Yes

2023 BMW X3 M40i. Want an extension for 84 months/75,000 miles. Also want a rim & tire coverage.

Should a Hyundai extended warranty cost $2800?

I didn’t watch the vide, but I used to do finance and sell this. If you like paying 3 times the cost of the dealership then sure. To put it simply, Dealership cost is $950 and sell it to you for $3,000. So you tell me.

NO! They are expensive and don't actually cover anything. Plus you would need a lawyer to get them to cover things it includes.

Suggestion - how about a list of reputable 3-rd party warranty companies? Or if that's not feasible, a link to a website that you know does a good job ranking different warranty companies. Also - what about the difference between inclusionary and exclusionary warranties? I'm guessing the ones I see pitched on late-night TV are probably inclusionary 🙂