A lot of this depends on how often you change cars. If you are a 3-4 year owner, you can likely skip the extended warranty, even if you will drive past your factory warranty. If you are like my wife and you are a low-mileage 11 year owner, that warranty will come in handy (did for us, twice!)

Like all things there's some stuff that's good and some stuff that's not worth it or applicable. If you're leasing a car, hell no you don't need an extended warranty. But tire and wheel protection especially if it repairs wheels and you're getting a car with big wheels, well worth it. Most of them are prorated if…

Of course "on average" they take in more money in premiums than they pay out in claims, that's how insurance works. Everyone pools their money together, and there's enough collectively to pay out claims. This is simply insurance against mechanical breakdown. Many people cannot afford an unexpected major repair, and a…

What an incredibly misleading headline. It makes it sound like dealers are locking their customers in the finance office until they start to dehydrate, or charging them for things they don't want, or some other nefarious trickery.