Page 69 - Book8E

1. Do you hate surprise expenses, especially costly auto repairs?
2. Will the cost of replacing an expensive electrical part or air conditioner or transmission break your monthly budget? Or do you have a few thousand dollars tucked away in an emergency fund for just these kinds of expenses?
3. How long do you plan on keeping the car after the original warranty expires?
4. Would you sleep better at night knowing that certain major repairs will be covered under an extended service contract? Or would you rather risk it and pay for repairs when and if they are needed?
If you come to the conclusion that an extended service contract is the right idea, remember to shop the price down. And also keep in mind that you don’t need to buy it at the same time you buy your car. You can purchase an extended warranty a week, a month, even years after you buy a new car.
Understanding Warranties 59