Step 5: Skip the Extended Warranty

Skip the extended warranty: A dealership will try and sell you an extended warranty. Some dealers earn a lot of money for adding this service. In most cases, you should skip it.


Extended warranties are huge money makers for car dealerships. That’s why if you buy a car they will attempt to sell you one. But Consumer Reports says to skip the extended warranty. Most people don’t use it. And most people that do require repairs on a new car are covered by the manufacturer’s standard warranty.

Check Out STEP 6 →