How To Get the Best Price on an Extended Car Warranty

It's Murphy's Law: Your car will probably need a major repair as soon as the factory warranty runs out. If you plan to keep your car past that point, buying an extended warranty (also called extended service contract) could be a worthwhile investment. Like nearly anything a car dealer sells, though, it's a high-profit product whose price can be aggressively negotiated.

Advantages of a Factory Warranty

Extended vehicle warranties fall into two classes: manufacturer (a.k.a. factory) warranties and third-party warranties. Even though manufacturer warranties are generally more expensive, Edmunds recommends them over third-party warranties for several reasons:

• Factory-trained technicians ... Back to article