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A recent study by Consumer Reports recommended that people buy only highly rated models and invest in the money market accounts to save for repairs, rather than investing in a security.
The extended warranty used car is usually about three months in length or 36,000 miles.
Because cars have improved so much in recent years, used car warranties can rival that of a new car warranty according to the warranty company.
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Roadside assistance is a big reason why guarantee programs were so popular lately.
If you by a car repair warranty replacement rather than that offered by the manufacturer, it will likely be cheaper.
If you find yourself generally trading in your car roughly every three years, and then an extended auto warranty probably would not make much sense.
