Should You Buy Extended Warranty Review

Items with complex electronics or proprietary parts (like electric vehicles or high-end appliances) can be prohibitively expensive to fix out of pocket.

If a $2,000 engine or transmission repair would be a financial disaster, paying a smaller, fixed amount for a warranty functions like an insurance policy. When to Skip It should you buy extended warranty

If you are buying a product with a proven track record of durability, the statistical likelihood of needing a major repair is low. Items with complex electronics or proprietary parts (like

Many credit cards (like those from American Express or Chase ) automatically extend manufacturer warranties by a year or more for no extra charge. paying a smaller