Extended Warranties: Are They Worth It?
Many times when buy a car you are asked if you want an extended warranty, read on to see what you should say.
NO!!!!!
When you are sold an extended warranty, 50% of what you paid for it was commission. Very little of it goes to cover car repair expenses. It is always better to not buy extended warranties. Whatever the cost of the extended warranty is, set aside 50% of that in a sinking fund and use it to pay for car repairs.
Labels: money saving tip
Posted By: Joe on Monday, June 23, 2008
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