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Warranty | Should You Buy Extended

Avoid buying the warranty at the moment of purchase for new cars. You won't use it for several years while the manufacturer's warranty is active, and you can usually buy it later. The "Self-Insurance" Alternative

Read the fine print; many warranties exclude "wear and tear" items or require high deductibles that make small repairs not worth claiming. should you buy extended warranty

Deciding whether to buy an extended warranty—often called a service contract—depends largely on your personal finances, the reliability of the product, and your tolerance for risk. Avoid buying the warranty at the moment of