Should You Buy Extended Warranty On Car «Updated × 2025»

If you plan to keep the car well beyond 80,000 miles or the expiration of the factory warranty, the risk of mechanical failure increases. When to Skip

Consider it for "all-new" models with unproven technology or brands with lower reliability scores (e.g., certain European luxury brands). should you buy extended warranty on car

Buying an extended car warranty (formally known as a ) is generally considered an "expensive gamble" . Statistical data from Consumer Reports indicates that 55% of buyers never use the coverage , and those who do typically spend more on the plan than they save in repairs. When It Makes Sense to Buy If you plan to keep the car well