I have a used car, and the manufacturers warranty is expiring shortly. Trying to figure out if it’s worth buying the extended warranty. Seems to come out around $1000 for each 15K miles for the top of line warranty which has a low deductible, no coverage limits, and is transferrable (good for resale).
With PCs/electronics/etc, I think the data shows that extended warranties are not usually worth it. But with cars, seems like I’m geting conflicting feedback, and the beta/risk is higher — fixing something can be $1000s.
Hence the need for a poll — what do you guys think ?