Automobile extended warranties/service agreements
I got the call today that the Ford Maverick pickup I ordered last October will be ready for pickup tomorrow.
Finance is arranged, my copies of the documentation confirming the price etc. are printed and in hand - not that any car dealer would be dishonest .........
I was asked about if I wanted an extended warranty and service agreement. I normally never take extended agreements for electronics, but I'm wondering about whether there's any consensus regarding cars.
To be clear, I bought my vehicle from a dealer about 50Km away, so I don't know if a service agreement would work unless a local dealer could take it over, but extended warranties might be worth it. I don't know.
I bought the factory extended warranty
We bought a new Subaru Ascent a few months ago. The car is loaded with electronics, so I bought five-year extended warranty for the car to give me a total bumper to bumper warranty of eight years in total.
It cost $1650 (with a senior citizen discount) and I hope i never use it, after I bought it the finance person told me the average repair on the car was. $2,000