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Used Car Warranty? I Would NEVER Buy One. Here’s Why.
I would never buy a used car warranty. Why? The escape clauses. Almost all of them have them. If yours has any of these, beware. 1. The “effective date” trick Some used car warranties start on the day the car was originally put into service. Yes, really. Buy a 5-year warranty on a 3-year-old car,…
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NEW CAR EXTENDED WARRANTY? NO!
Extended warranties on new cars are funny things. After a dealer tries to convince us on the quality and dependability of the new car they are selling us, they then try to sell us a warranty because they’re not that reliable. Mmmmmm, kinda makes you think! Basically extended warranties are not good deals. Why? First…
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Home Warranties: Pay Now, Find Out Later What’s Covered
I have a basic problem with home warranties on used homes. It’s simple: they don’t cover anything. Let me explain. How it plays out Say you pay a $900 premium. It’s based on the home having 10 appliances plus a furnace and central AC. A few months later, your dishwasher dies. You call the warranty…

