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What is the average cost of an extended car warranty?

Lucas Rogers | 2023-06-04 19:24:05 | page views：1096
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Ethan Davis

Works at the International Fund for Agricultural Development, Lives in Rome, Italy.
Among survey participants who used their policy, the median out-of-pocket savings on repairs covered by extended warranties for all brands was $837. Based on a $1,214 average initial cost, that works out to a net loss of more than $375. Factoring those who didn't use their policy, the median savings was zero.Feb 28, 2014
2023-06-11 19:24:05
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Felix Turner

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Among survey participants who used their policy, the median out-of-pocket savings on repairs covered by extended warranties for all brands was $837. Based on a $1,214 average initial cost, that works out to a net loss of more than $375. Factoring those who didn't use their policy, the median savings was zero.Feb 28, 2014
Extended Car Warranties: An Expensive Gamble - Consumer Reports
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