How much should I pay for an extended warranty for my new car for 6 yrs/100,000 miles?

How much should I pay at the dealer when buying a new car? Is $1,000 a fair price?
How much should I pay for an extended warranty for my new car for 6 yrs/100,000 miles?
Without knowing any other details, its almost impossible to say. For example, If the dealer tells you that you have to change the oil every 3000 miles to keep the warranty in effect, then charges you $30 for each oil change, its not a good deal. Most new cars will easily get 100,000 miles before major problems occur. Many problems will be evident within the manufacturers warranty period anyway, so you don%26#039;t need extra coverage. If you sell the car before 6 years and the warrenty isn%26#039;t transferrable, you%26#039;ve paid for something you%26#039;ll never use. In a lot of cases, the dealer warranty will benefit the dealer more than the customer in the long run. Tread cautiously.
How much should I pay for an extended warranty for my new car for 6 yrs/100,000 miles?
For some folks the warranties arent worth the money but for some people it is. I would have been really in a mess without it a couple times with my car when I didnt have the cash to pay up front. I was really glad I had the extended warranty.



It%26#039;s not hard to get a quote at a website to see how much it will cost for a extended warranty. I have recommended http://warranty.safelinked.info - Good luck.
Reply:you are only getting a 3 year extension. new cars usually have a three year warranty and your six year starts the date of purchase. you are actually paying $330. per year for 3 years. its a gamble you have to decide if you will keep the car more than three years.
Reply:I wouldn%26#039;t buy an extended warranty unless it%26#039;s the first year of a redesigned model.





if your buying a Chrysler or a Jeep, then it will be money well spent.
Reply:Warranties typically aren%26#039;t worth the extra money.


Cars are made very well today. You have to do the normal maintenance anyways, and most of the time you will never get back what you pay for the warranty.
Reply:ZERO. DO NOT BUY ANY EXTENDED WARRANTY.





The manufacturers warranty is free and that is all the coverage you%26#039;ll ever need.





Those warranties are pure profit for the dealer and they are a waste of your hard earned money.
Reply:I would get a longer term, try for 7-8 yrs. As far as price... it depends on the vehicle. Different vehicles have different premiums due to thier loss ratio, (cost of repairs, how often a repair is needed, etc). Premiums for a European car will cost more than Amiercan car, American will cost more than a Asian. Read all the material carefully, and look for any stipulations as far as where you can take your vehicle... how much is covered, deductible, etc.





Also check with your local Credit Union or personal auto insurance provider.