I will be picking up a red 2015 Fit EX with manual transmission on Monday! It's been a long time since I bought a car - since 2000. The dealer is pushing an extended warranty which I normally wouldn't consider, but this car has a lot of electronics on it. So I'm looking for feedback! Should I buy it? Or not?

 

Pass on the warranty, but put the warranty payments in a savings account to pay for anything the warranty would pay. You'll probably come out ahead.

I never buy extended warranties for any of my cars.

Clifton

 

DON'T BUY ONE FROM YOUR DEALER!!!! If you want one buy one from College Hills Honda or other online dealers. They sell them for about half of what your dealer wants.

 

Yup what every one general says - do not buy from dealer.

 

The problem I've seen with extended warranties is that they can deny any claim they please and then you are stuck with the bill.

 

Easy ...... NO!!!!!!!!

 

no.

and u can always buy 3rd party extended warranties later on if you decide to take that route. dont listen to these dealers that pushes u to buy anything.

 

NO. The analysis is easy: if extended warranties worked in the buyers' favor (when viewed as a group; one can never predict any individual outcome) they wouldn't be sold.

 

What Clifton said.

With an extended warranty, you are betting the cost of the warranty that the car will break down. If you have that little faith in any product you are considering buying.....keep searching.

 

Pay the payment as if it had the warrantee, your car will be paid off by the time it needs work.. ??