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You should't buy an extended auto warranty, if:

  • Your financially disciplined to set aside an emergency car repair savings fund each and ever month.
  • Your vehicle is older than 10 years or 100,000 miles.
  • The extended warranty does not cover mechanical breakdown due to normal "wear and tear"
  • The extended warranty does not meet your coverage needs.
  • You don't understand the "What is not covered" and "What is covered" sections of the extended warranty terms.
  • The coverage limits total claims paid to the total value of your vehicle and the price of the plan is approaching this figure.
  • The organization selling it is not upfront regarding the terms and conditions of the plan.
  • The warranty administrator and underwriter is not registered with AM Best and/or BBB and maintain less than Excellent ratings.
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Q: Why shouldn't you buy an extended warranty?
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