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Are extended warranties on new cars worth it?

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But the biggest product he'll probably push will be the extended warranty for the car itself. Extended warranties, also known as "service contracts," can provide peace of mind to some car buyers. Car dealerships like them because they are an additional profit center for the business. read more

Sometimes, this can mean spending more upfront for the right car, but the reward is typically lower ownership costs and even better resale value. But, if your heart is set on a model known to be unreliable, an extended warranty can provide some protection. read more

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