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How to Expand Hour Warranty For Free

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what is going on guys welcome on and happy Wednesday and welcome on into a Green Day in the market first I guess secondly second in a row technically today but its uh its been a bit it seems like since weve been green ever since the big trend line rejection up around that 410 on spy were sitting down around 386 now a couple days later about a week later uh roughly speaking since we had that 410 rejection and the question I think we have today is do we expect or should we expect um a lot of action or a lot of volatility really or movement really the next two weeks right being this week being the week before Christmas next week being the week after and historically speaking next week is that Santa Claus lets go back to LA I want to go back to last year were looking at Apple here Im actually in a small trade um for now but as long as Apple holds heres my Weeble as long as it holds the uh 135 um Ill just draw a box in so you guys can kind of visualize what I mean as long as we ho

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How much does it cost to add extended warranty to a car?

An extended warranty plan from the dealership will usually cost between $1,000 and $1,500. Normally, the cost of an extended warranty is tacked on to your monthly car payment. However, one drawback to is you may end up paying interest on the warranty, and it becomes more expensive in the long run.

What is a downside to purchasing an extended warranty?

Con: They Are More Expensive When Purchased Later In addition, with a few miles on the odometer, you will command a top deal. For new cars, the service contract will not kick in for several years, usually near the time the original warranty expires.

How much do dealers mark up extended warranties?

The average dealer generally makes up to half of the selling price of an extended warranty. For example, if you purchase an extended warranty for $2,000, the dealer may make a profit of up to $1,000.

How much should I spend on an extended warranty?

An extended warranty price represents a percentage of the total product cost. As a general rule of thumb, you shouldnt spend more than 30% of the product cost on a product warranty. Pro tip: for many products, you can get quality extended warranty coverage for a lot less than 30%.

Does extended warranty cost money?

Based on the quotes our review team has collected, an extended car warranty can cost anywhere from $1,300 to $4,600, with the average cost being around $2,600. Prices vary so widely because there are many factors that can influence costs, such as the plan type and contract length you choose.

Can I add an extended warranty later?

You can even purchase an extended warranty after the manufacturer warranty expires, although the price will go up considerably.

Is extended warranty a monthly payment?

An extended warranty is basically a vehicle service contract that covers the repair costs after you purchase a vehicle. You pay a certain amount each month for this service plan until it is paid off. You can also opt for a one-time, annual payment.

Is extended warranty a waste of money?

Ramseys blog also explains that extended warranties typically are not worth paying for because they typically come with many coverage exclusions. Since the most common issues may not be covered under the warranty, youd be wasting your money by buying one.

How long do I have to add extended warranty?

Most extended warranties require a waiting period of 30 days and 1,000 miles before you can file a claim. If youre a low-mileage driver, ask whether the company has an alternate waiting period that better suits your driving habits. Some common alternatives are 90-day/200 miles, and 60-day/500 miles.

Is extended warranty free?

An extended warranty plan from the dealership will usually cost between $1,000 and $1,500. Normally, the cost of an extended warranty is tacked on to your monthly car payment. However, one drawback to is you may end up paying interest on the warranty, and it becomes more expensive in the long run.

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