Purchasing an extended warranty that turns out to be a good investment is like discovering a rare tribe of balloon-sculpting ninjas — unlikely, and nobody’s going to want to know about it even if you luck out. US Fidelis has seen fit to blast their extended auto warranties all over the tube, and we wonder if it’s just a new spin on the old gotcha.
On the other hand, performing your own car maintenance can hurt your wallet and devour any free time you have. It’s no secret that we like to wrench on our own rides, but not everyone shares our auto-repair fanaticism. It’s going to cost you to own an older car — it’s just a matter of how much and whether it’s all at once or not. It’s a gamble: Will something happen that’s big enough to cover the cost? And is it worth not having to mess with the repairs yourself?
What do you think? Is extended warranty coverage a waste of money that no self-respecting motorhead would consider, or is it a sound idea for folks who have the cash and not the time? Let us know in comments.
Extended Warranty [US Fidelis]