Why Not to Buy an Extended Car Warranty (Scam) 

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Notice how CarShield and other extended warranty companies turn off comments on their videos? They don't want customers to hear the truth.

Yep, happened to me. Had a policy, went to use it and the company didn't exists anymore. Thanks Scotty.

My God somebody please give this man the Nobel Peace Prize.

I have been a tech for 22 years, I also worked as a claims adjuster for an extended warranty company here in Tampa Bay *cough PMC cough*. Let me tell you first hand, these warranties are a complete rip off. I could go into details that would literally blow your mind, especially if you’re mechanically knowledgable. I worked there for 4 months and quit because I couldn’t sleep at night seeing how badly people were getting reamed up the bunghole. They target lower income people to begin with, lie about coverage and deny claims based on fine print technicalities. You have to have no soul to work for these companies. Stay the hell away from extended warranty companies, your shop will thank you as well. No one wins except the warranty company. If anyone wants to know the details, I can probably make a video explaining everything in depth.

I did a video about how dealerships rip people off. The comments section is FULL of dealership employees getting so mad lol.

I spent 5 years of my life selling cars for a new car dealership. What Scotty says here is 100% spot on! Most car salesmen are good hardworking people, but watch out for the finance department.

When I purchased my first new Toyota Camry back in 2002, the salesman tried to sell my an extended warranty. I told him, "you mean, you want me to pay for something that could fail on the car because it wasn't built right in the first place?" His response was, "Oh, even our Toyota mechanics purchase extended warranties." My response, "Well, now I'm wondering if I should purchase this car at all. Especially if your mechanics feel it's necessary to get the extended warranty. Can't be that good of a car if that's the case!" The salesman never mentioned anymore about an extended warranty as he didn't want to lose a sale. Never had any major issues with that car and traded it in on another Camry after 10 years and 245,000 miles.

I used to be a car sales man. These are facts.

Another top tip. Don't buy anything through the dealership. Tinted windows, alarms or stereos. They use outside vendors and charge you twice what it costs.

I had both the sales and finance guys tag team me on the extended warranty once. I had to tell them at least 10 times I didn't want it. But they just kept rolling through the different plans. When no to the platinum plan, they started talking about the gold plan. I say no to that, they started talking about the silver. I had to get angry and give them both a hard look and tell them very slowly. "I do not want an extended warranty. If you ask me again, I will walk out of this building."

I work at a Ford dealer and can say this first hand. IF you are going to buy an extended warranty by all means buy the one from the manufacturer. 3rd parties are a joke.

Bought one on a new car many years ago. They never covered a thing. The shop used semantics like "it's not a repair, it's an adjustment" Or, "It's preventative maintenance" - even when the car was towed in. Scotty is right.

Put that same payment into an account, and by the time you need it, you'll have your own auto repair fund.

Another important note: if you did make the mistake of getting an extended warranty, you can cancel it, no matter how long it's been since purchase! Just go back to the dealer and tell them you don't want it anymore, and they're legally obligated to cancel it and refund you the remaining amount.

Bought a bunch of new toyotas.When they try to sell the warranty i ask them "has the quality of your vehicles dropped to the point i have to pay extra?"they say no but i cut them off and say if you mention this again deal off.Shuts them right up.

I agree. Never buy a warranty for anything. Most items come with factory / manufacturer warranties. That is all you need. The extra warranties on cars, or electronics in the store, are a waste! Think of how often you use them? Think of all the receipts you must keep track of! It's just a mess, and like Scotty said, they don't even cover what you think they might! Best to never buy a warranty on anything. If you need to fix something, worry about it then, and pay for the repair with all the money you saved not buying pointless warranties on everything!

I used to work as a service adviser a a car dealership, it seemed like at least 9 times out of 10 those extended warranties weren't worth the paper they were written on.

Hey there that is so damn true. I use to sell cars. Those policies r marked up big time. Don't buy anything extra. Just buy the car as it is. Even windows being tinted from dealership is a big mark up. If not tinted just find a independent shop.

No. Most good policy’s are written in plain English and tells you exactly what is covered and not covered. Very easy to understand

Thank you very much Scott, I'm headed to a dealership tomorrow and after the sales guy showed me what was being factored into the price I was shocked that it cost nearly $4,000 for the warranty and I was already sure that I wasn't buying that, but thanks for the reassurance

I just bought a Subaru last month I’m glad I resisted the extended warranty. The guy was pushing me pretty hard too.

Even factory warranties aren't worth that much. Dealers will find any excuse they can to get out of them. Best to buy a car that won't need it.

Good video, I used to sell cars back in the day and this is partially true. The dealership I worked at the profit from the warranties went to the finanace managers processing the deal. The salesman only made money on the gross profit of the car, which was 30% on a used car ($2000 gross meant the salesman made $600) which was the front end profit. The Back End Profit was made by the finance manager which includes profits on things like; Gap insurance, Warranties, Service Plans etc, and of course points held over their approved buy rate from the lender they choose. My advice to anyone buying a car is if its new don’t worry about an extended warranty. If its a well taken care of import (Honda, Toyota, Lexus, even Nissan and Infinity) with good records and miles don’t worry about a warranty either. I tell people to buy a warranty on only BMWs, Mercedes, Audis, large diesal and 4X4 trucks because they are expensive as hell to more than likely to break. Before walking in the dealerships do your homework!!!!!!! Get preapproved and shop rates and go to the dealership with it, if they can beat it great, if not use your preapproved loan. You can also shop around for warranties as well. Lots of insurance companies sell these and are sometimes cheaper than a dealership sells them for.

Scotty’s not lying. I was ripped off by this scam and when ever I tried to get a repair the dealership (cherry hill nj dodge) just turned me away, it took me 3 yrs and 4 different dodge dealerships to finally get my fixed and it’s still not %100. Never buy 3rd party warranty and NEVER BUY DODGE! Corporate has not teeth against the dealerships. Sad the way business goes for the consumer in the US. Thanks for your videos Scotty!!! It’s always nice to find an honest person in a sea of bullshitters.

I actually bought an extended warranty for my 2010 Dodge ram, cost me $3000 for a 3yr/36000 . But I do have to say it was well worth it! It covered the front hub bearing, AC evaporators, rear pinion seal, and The ignition cylinder and key fob.

I tell the salesman, look I'm here to buy a car not an insurance policy. If you have to sell me that then I better look for a more reliable car. Always shuts them up.

I’m a lawyer. By watching Scotty I will be mechanic. Lawyer-Mechanic.

I bought a $4.00 keyboard from a computer store last year. Four dollars! And they didn't just offer me an extended warranty for 75c extra, they pushed it. I said, "If, God forbid, the day should come when this keyboard fails, it'll be painful, but I'll just scrape together $4.00 and buy another one."

I worked for PMC (Protect My Car) down here in Clearwater FL, for about 6 months. Previously I’d been a tech for 22 years. 6 months was all I could take of ripping people off and denying claims based on complete bullshit. It was soul destroying. These companies prey on people who are lower income and have expensive cars. The worst part about it was, i worked with guys who seriously got off on denying claims and watching people suffer. It was the worst job I’ve ever had, and it opened my eyes to a whole new side of humanity. People, these extended warranty companies are nothing but bullshit. Please take it from me, I’ve seen it first hand. Everything Scotty says is the truth.

Scotty is SO RIGHT ! i was a service manager and the dealership i worked for sold those " OUTLAW " warranties. I ran into SO MANY problems with these companies. I had to chase one around the country to find out they went bankrupt. Watch the wording on extended warranties. They say " INTERNAL ENGINE AND TRANSMISSON ". If it is not inside the casings, they won't pay. TRY TO APPEAL BEST OF LUCK. If you got to have one, buy one backed by the manufacturer of the car. Have a mechanic explain what it is you might be buying. IF IT IS A EUROPEAN CAR ( EVEN IF IT IS MADE IN AMERICA ) YEAH GET A CONTRACT, BUT HAVE IT EXPLAINED !

Never buy an extended warranty. Once they sit you down with the finance person, they'll try and sell you everything. It's like a single person with no kids buying life insurance. LOL

I bought an extended warranty from the dealer on a used 2016 Ram 1500 Ecodiesel with 80,000 miles on it; within a month, the engine blew, due to a known defect with the cam sensor on that particular generation. I ended up with a brand new engine for $100. The warranty more than paid for itself with that repair. Glad I had it… (Oh, and the new engine is the next generation, without the known flaw.)

Very true Scotty! When I went in to buy my first car roughly 3 years ago. They got me into the finance department and the guy thought he was slick! Little did he know I'm good with numbers and not to mention already on edge cuz it being a dealership. Anyways the finance offers me this really good extended warranty, tires paint correction, interior cleaning and so on. He tells me it will only cost me $23/month, no brainier right! Or so I thought. Well upon reprinting out the new agreement it did only jump up about $23/month like he stated but of course me overlooking the contract with a fine tooth comb again I notice not only did he add the extended warranty he tacked on another year of payments to go with it! And the asshole tried to tell me that I was over thinking it! He says "look it's simple math $23 x the length of your loan (which was only 72 at first) is even a lil less than I qouted you", "But I'll take the loss since you're a valued customer" lol. I said ya but the first contract had 72 months now this one's says 84 months!?!? Wtf so a warranty that was $1,995 would have turned out to be $6k had I not caught it! Dirty bastards!!! Lol

I have purchased extended warranty from my dealership twice and it was money well spent and had no issues or hassle when and if I needed it.

I paid $3000 for a extended warranty on my mercedes. It paid for itself almost IMMEDIATELY. Over 3 years, I used $40,000, yes, $40k, which was the maximum I was allowed under the contract. Only a $100 deductible each service. Now, it's been 70,000 later, my car has 130,000 miles, and I have had ZERO issues. Thank God for that warranty!!!

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While this IS great advice, I got an extended warranty on my S197 and it ended up needing over 3k in repairs. That warranty saved me a lot of money and stress. Love your vids Scott.

I bought an extended warranty when I bought my new '87 Toyota Pickup. Sold the pickup with 195k mi. Never used the warranty.

I bought an Audi in 2019 with the extended warranty... 2 months ago the engine started shaking and leaking oil.. the warranty covered everything and left my car like new!!! I just paid the $250 deductible. This might be true but I am just telling my experience

I have an extended warranty and it has saved me money

I've only ever bought one car brand new: my 2016 Mustang GT. I had to travel 8 hours to another dealership as it took me a while to find one that was willing to order a car for me as NOBODY had a Blue, Base GT Manual without those Recaro torture chamb.... I mean.... seats. Anyway, long story short - they didn't pressure me at all! It was actually a fun experience. So, I was just about to leave and I'm still BS-ing with my salesman and I ask him "Hey, how come you guys didn't try to push me into Scotch-Guarding the interior, or paint protection or undercoating or an extended warranty?" He puts his arm around me, smiles and says "That's because we're a reputable dealership." I knew I'd made the right choice. My local Ford Dealer tried to bend me over for 9%, even though I'd been approved for Ford Financing AND have great credit.

I agree. However my cousin got a extended warranty from endurance on his charger and it's a good thing he did. That car had the most problems I've ever seen and he easily got back in repairs what he paid for the warranty. Surprisingly they never tried to deny a claim. Endurance is probably one of the best out there.

One of the few times I bought an extended warranty was for a computer video card. The policy stated that if there was anything wrong with the card I can just bring it in and swap with the same or a better version, no questions asked. Even though the card was fine, I took into the store just before the warranty expired and swapped it for a newer card. Got myself a better card for a fraction of the price. Winning!

Another issue that I did not see mentioned in either the video or comments is the fact that you are usually going to finance the extended service plan and that finance charge could end up being another $500 or so on top of the base price of the plan.

The dealer offered me an extended warranty for my 2018 Honda Accord, for 8 year/100,000 miles. Full coverage bumper to bumper. I felt that wasn't so bad as with my KIA I bought an extended warranty only to find that the one thing I need covered, my catalytic converter, is not

he speaks da TROOF! I bought a Toyota tacoma, 2010 for 7,000$ down here in Carolina. Had 78,000 miles right out of warranty. The monthly payments on a five year loan were $151.36/ mo for five years. Go to loan officer of the dealership where I purchased it, and he showed the options. the lowest price on the drive train warranty would bring the price up to $189. The highest one made it 271$/month. All I've had to do is change the oil filter, and the oil. tip: when purchasing a used vehicle from a dealership, if somethings not right like the tires, have em replace it! Thanks scotty, and I totally agree

For what I learned is that Japanese cars do not need extended warranty. Now German cars do. I own an Audi S5. I bought it with extended warranty through Fidelity... thank God. The Extended warranty cost me close to $4000. Now the car some issues that even when it was under their factory warranty, but their warranty wasn't able to fully cover me for everything: cost of repairs were $3000. Right after the original warranty went out, the car started having very serious mechanical issues till now. Total expenses that I added so far are close to $12,000, and this car still has some problems. Audi gives me a loaner whenever the car has this issues but If i didnt have warranty I would have been left stranded asking for a ride, paying a tow truck, or paying out of pocket for this ridiculous expenses.

I know a guy who bought an Audi A8. First thing he did was he bought MBI from a Credit Union. That car was always in the shop. I’m sure the repair bills were $10k+. It more than paid for the policy.

Just bought a 2020 Camry and they were trying to sell me a $3900 warranty. The car has 27000 miles and 2 years old. I almost fell for it after they lowered it to $2500. I was at the dealer for 4 hours and I kept saying no to them. They did not give me even a free oil change.

Exactly what iv been telling family members just save the money and use the saved money for repairs most of the time the warranty ends right before parts start failing

no wonder car guys never buy brand new cars, we buy used cars as project cars

I bought a policy from my dealer on a used car. I had a noisy valve that was fixed, a front bearing replaced, and a drive axle. I made my money back plus a whole lot more. When I went back to the dealer to buy a new car, I bought another extended warranty from them. Does it really matter how much the sales person makes if the warranty saves your butt from costly repairs? I myself recommend them if you buy from the dealer.

When I bought a new 1991 5.0 Mustang, the dealer told me I was crazy not to opt for the $800 extended warranty. The way he explained it to me had me thinking twice about buying the car in the first place as he said this and that would be breaking down. I declined the extended warranty and after putting 198k miles on it in 9 years, I only had to replace brakes, a water pump, and a throw out bearing. So, to heck with an extended warranty.

I bought a Carmax Extended Warranty, it has already saved me some dough with an unexpected repair. Peace of mind in my book.

Bought a new Camry SE at Baxter Toyota in La Vista, NE and the finance manager got so pissed to the point where his face turned red because I didn’t buy any of the insurance/warranty. Hahah!

You forgot to add BMW to the list. While a great road car(when functional) it has been very high maintenance. I’ll never buy another.

I bought a used Toyota Camry and they tried hard selling me a warranty, I offered polite no’s until the fifth time he asked me and then I told him to either shut up or I’m walking. His whole whole demeanor changed after that. He went from happy go lucky sales guy to sourpuss. Douche. Have never gone back to that dealer. Scott Clark’s in Charlotte.

I did buy an extended warranty from a dealership decades ago. When I needed to use it, they had went out of business. A warranty from a dealership! I never bought an extended warranty again. Thanks for sharing!

I paid cash for a used car and the warranty. So I didn't barrow any money or pay any interest. The warranty actually did pay for its self in the end a few times. And I had no issues getting the repairs approved and paid for.

This year I'm thankful for Scotty's helpful videos!

"The transmission failure isn't covered because this other part also failed"

Protect these type of people at all cost, anyone telling these type of truth to the people are in danger, thank you for the information brotha!!

18 months after starting my Lubrico warranty, it will not be extended . No reason just a decision. You have to read the fine print.

Regrettably I have worked at extended auto warranty call centers. Believe me they are a scam/rip off. Scotty is exactly right as usual.

Scotty is the best. So glad I watched this before buying a new Honda! I also assume that warranties and services for cars have much higher profit margins than cars themselves. That's why they always try to cross-sell those two things with a new car.

I sold cars for 11 years and I was the Finance guy who sold the warranties .. I can tell you the commission was excellent and the companies stood by their warranties .. when I left the car industry .. I always bought a used car warranty and used it on a 1999 Jaguar that needed timing chain tensioners .. a $9000.00 job.. I paid nothing. I still own the car today..

I bought one with my car and it was there when I needed. I bought it from the car company. Right after the actual warranty, I had my first and second problem and the e tended warranty helped. Therefore I disagree and i will buy it again.

I've only purchased one used car warranty. One provision was that the warranty fee would be refund if during the four years I never had to make a claim. This may come as s shock but after four years and no claim the company in fact refunded the cost of the warranty.

Excellent advice, Scotty. I always knew any extended warrantee is a scam designed to benefit the store or car dealership. Your advice to save money on the side for repairs can come from what you would have paid for the premiums. Cars are indeed machines and machines age and break down. The only solution is replace the broken and worn out parts--not pay for an insurance policy that won't be there for you when you need it.

Extended warranties are a rip off. I used to sell cars and everything Scotty says about those"warranties" is true. We pushed those extended warranties because they greatly enhanced our commission. The company even does contests to sell more warranties. If we sold a certain amount of warranties, we got a bonus. Scotty is right on the money, no pun intended. Save your money.

Since my car is only $1500 & if I need a car for that price I can buy a new car yearly.

Same with buying a TV you only get 1 year warranty with most of them and there post to last 100000 hours (20 years) you don't need extended warranty

Vehicles aren’t made well anymore. I negotiated a lower extended warranty cost, from the dealer, when we purchased our Subaru, because I don’t trust manufacturers… even reputable ones. Being able to understand full language, or close to it, is paramount. With one door motor that went bad, the warranty almost paid for itself.

Home warranties are the same. Got one when I bought my house and they wouldn't cover my water heater. It was heating, but only luke warm, but they said since it was heating there was nothing they would do. On top of it they charged me a $60 service charge that I never paid. My friends A/C went out and they still had to pay for a new one, it only covered repairs, not a replacement.

For the first time I must wholeheartedly disagree with Scotty. Here's why. An extended "warranty" is an insurance plan. Just like health or life or accident insurance. If you need it and don't have it, you're screwed. Always always always get the factory extended warranty, but never never never pay full price. Example: I was told by the finance manager at the dealer where I worked that the regular price on the top of the line extended warranty was $3500.00 but employee price was $1800.00. Sounds like a deal. But since I know that most sales people lie, I shopped around. I work in CA but found a dealer in Ohio selling that same exact factory plan online for $1200.00. I later was able to access the dealer price list and found out the plan costs the dealership $1000.00 from the factory. Employee price according to our handbook is supposed to be cost plus $200.00. So I bought the plan from the dealer in Ohio. With that plan I got rental car coverage whenever I had to take the car in for warranty repairs and later when the basic warranty ran out, it covered some really expensive repairs, including replacing worn out suspension components, some electronic gadgets, and at 145,000 miles the transmission got replaced. This is not an exception. I have many many hundreds of customers who were saved from super expensive repairs by their extended warranty. If you buy a Toyota, get the Toyota care plan, if you buy a Dodge then get the Chrysler service contract, if you get a Ford, buy the Ford E.S.P. contract. Just don't pay the ridiculous asking price. One more thing, you do NOT have to buy it at the same time as when you buy the car. Just make sure to buy it before the basic warranty expires! If you buy a used car out of basic warranty I still strongly recommend buying the extended warranty. You may first have to get an inspection done on the car to make sure nothing is wrong with it, but it's worth it. Still only buy the policy from the manufacturer of the car. You can buy them even if you bought the car from a private party. Scotty evidently has been burned by third party aftermarket warranty companies, and so have a lot of people. Only buy the factory plans

Well done Scotty. I was an "analyst" for a bank that under writes these contracts. There is no such thing as an extended warranty. A warranty is a promise from a manufacturer. What you bought is a service contract between the dealer and yourself, even if the crooked salesman doesn't present it that way. The service writers get grouchy too. They would say things like "I'm just the middle man" to the customer. No, JM&A is the middle man. JM&A is the middle man, the administrator of the contract.

Don’t even bother to get an extended warranty or wheel/tire , paintless dent removal, windshield repair. Especially with Nissan as they will not honor their part of the deal and will give you the run around.

I agree with you. And my relative bought one from the dealer on a 2012 Toyota RAV4. Within one year, she already used it to replace the bad struts and a leaking seal on the transmission. So far that means she's come out ahead. Course on that generation RAV4 Toyota had so many issues with the rear suspension, like 3 recalls.

Bought a 3rd party extended warranty in 2009, it said if the warranty was not used during its term they would provide a 100% refund of the purchase price. So when the window regulator went, I paid for it out of pocket. Anything small I paid out of pocket, saved the warranty for the engine or transmission. The term expired, I wrote them the letter asking for the refund and they sent the check the next month!

I always thought those were scams I never purchased any.

1991 Honda Accord. 5 speed😎👍✈ I've owned & driven so many Accords they are built to last.

You'd have to be crazy to pay for one of these joke warrantees! A friend of mine just bought a used Nissan rogue and bragged about how she got a great deal from a sales person who was supposedly her friend. She said he gave her a great deal on the extended warranty too. I couldn't believe she spent $1,200 extra on a warrantee when the factory warrantee was still in effect. I told her to look up reviews on extended warrantees and then tell me how good a friend this guy is. He might as well have been begging her to give him $600 out of her pocket. These warrantees are rarely honored when it comes time to get any major repair work done. There's a very long list of complaints to the Better Business Bureau from customers who are getting screwed by Car Shield. These warrantees have fine print that gets them off the hook for covering most major repairs involving the engine, transmission, brakes, climate control system, and the computer system. This company will refuse coverage and leave your car sitting at the shop for weeks before you finally realize that any further attempts to get them to pay are futile. They won't cover the repairs and they won't pay for any rental car. They've crafted a warrantee document that almost without exception immunizes them from taking financial responsibility. There's always some part that is found to be the cause of the damage that is specifically not covered in the contract. They've taken good care to make sure that they get your payments on time while never authorizing repairs. It's the perfect scam. You literally need an attorney to understand the limits of the contract at the time of the sale. Virtually no buyer is qualified to read that document and understand it. You're better off setting $59 dollars a month aside to put towards any future work you'll need done, because Car Shield will never be there when you need them. They make their money by denying claims and hanging you out to dry.

I have an 06 Dodge Grandcaravan it has 194k miles on it and it still runs strong besides for normal fluid brake and tire changes we have put three parts on it and it still runs like the day we got it

bought a brand new Subaru Crosstrek AWD from dealer and 100 000 miles / 10 year extended Subaru warranty for $3500 (no deductible), it suppose to cover everything but exhaust. That CVT tranny alone is about 7-10k to replace.

My mom bought a 3 year bumper to bumper extended warranty from our local GM dealer....after 3 years without making a claim on it, they wrote her a cheque for the amount she paid for the warranty. Can’t beat a deal like that!

Yep. My mother bought a new transmission for a car and they pushed a lifetime warranty. Then when the transmission was found to be faulty and no good, the dealership had gone under and couldn't honor it.

I love how he’s in different scenes every time.

Serious ask… If you are looking to purchase a 2020 GMC with a 3.0L diesel and 100K Miles, don’t you think a $4k 4YR/100K mile warranty would be a smart move?

I would like to share my experience with new cars and extended warranties: In June 2007, I brought my second new car, which was an 2008 Ford Taurus SEL. In 2010 after my 3 year bumper to bumper warranty expired, my display computer went out, along with my driver seat heater. I took it to the dealership service center who sold the car, and they told me it will cost $950, $650 for the display, and $300 for the seat heater. Many times I got mail from Ford about getting an extended warranty before it's too late. I blew off getting one, and I paid the price. If I would have gotten one like for $2000 and something else went out, it might have been a good investment and paid for itself.

We need to protect this man at all cost!

"You'll probably be thanking Scotty years down the line"

Brought a 2017 Ford Fusion sport fresh of the assembly-line in March with a warranty of 3 years or 35k miles; Now I’m at 9k miles and ford just keeps blowing up my phone about an “Extended Warranty”. Like damn, I can’t even get through a whole year of having the car before they start shoving down my throat another warranty. 🤦🏽‍♂️

Another good video Scotty. From my experience, it’s 50-50. I purchased a used vehicle and extended warranty came in handy. I purchased a brand new vehicle. And by the time I started having mechanical issues I was well past extended warranty.

I never buy extended warranties on anything and have never regretted it.

Extended warranties aren’t so bad. Just make sure they’re dealer direct and you’re good. If you plan on not buying a new car anytime soon, the extended warranty helps with the costly electrical repairs down the road. Powertrain generally lasts on a Honda or a Toyota, but electrical issues, warranty will cover those hundreds and thousands of dollars worth of replacements or repair work. I keep my cars for 15+ years so extended warranty is nice to have.

Does this video come with a "bumper to bumper" warranty?

Your dead on Scotty! Thank you. Dave Ramsey has been preaching this same message about warranty crap and to just save your own money for such repairs. You could really put the money in a piggy bank and save more then buying this crap..

I just bought a used 2014 SS Camaro and purchased the extended warranty.. A month and a half after owning it the oil pump went bad and the lifter were running dry for over 10 minutes while it was warming up and I did not know that. When I went out to the car there was a message on the dash that said low oil pressure turn off vehicle immediately. So I did. Took it to the dealership and there’s metal in the oil pan, motor has to be replaced. Extended warranty is covering every bit of it and I haven’t made one payment yet.. Warranty cost $2000, new engine cost over $5000. I’d say I came out on top

Bought a brand new 2015 Sonata basically, At 58thou km’s. Took care of it for 2 years, oil, etc myself. Just had the engine seize on me 2 days ago. Fully covered under my premium extended warranty which only costs $600 on too of what you pay for the car. So yeah brand new engine for free, and a rental covered fully until my car is done. Hyundai is pretty good with their extended warrantys I won’t lie. (My car came from Quebec, the first driver clearly drove like a maniac) Lol