What's the best value extended warranty for a used car?

I want to get a extended warranty plan from a reliable company to cover the basic components - engine, transmission etc. Any suggestions?What's the best value extended warranty for a used car?
There is no good extended warranty.... the ones who sell make good money doing so and any repairs needed to the car well usually cost less the the extended warranty will cost you.
There are approximately zero reliable extended warranties available for used car. None of them are worth the money you pay for them. Never buy an extended warranty. All an extended warranty is, is an insurance policy for future repairs. In the best case scenario you'll never use the policy coverage and it's a total waste of cash. In the worst case scenario they'll refuse to cover the needed repair (which happens in the majority of the cases) claiming neglect or abuse in which it is again, a total waste of cash. Or the company disappears and goes out of business and you are left with a worthless piece of paper, again a total waste of cash. Or your mechanic of choice decides he won't honor the warranty because the warranty service company never pays on their claims even after they say they will and he's tired of getting ripped off. Again, a total waste of cash.



The ONLY exception to this rule is to get a certified pre owned car from the new car dealer. This coverage is almost identical to a new car warranty that is backed by the manufacturer and the dealer takes care of everything, just like it was a new car. Buying a certified pre owned car adds about $1500 - $1900 to the price of the car.What's the best value extended warranty for a used car?
Sorry to AGREE with the previous answers.



Aftermarket warranties are filled with exclusions, limitations, and deductibles. They seldom cover enough to make the warranty a wise purchase.



Take the $ you would have spent on the warranty, and put it in the bank. Let it earn interest for you and grow rather than become a liability. When the car needs repair, you will have the $ to fix it. If it never needs repair, you wont have wasted the money.
I recommend none. Keep the oil cahnged. Save the warranty money for the repairs. Your car is designed to last 225,000 or more miles. Auto makers do every thing in thier power to make sure the car will last for ever. If the car is over three years old any mistake was made in manufacturing it would have showed up by now.



the warranty companies make money because they know the vast majority of people will never use it. It is easy money for them. Further more they will be very obtuse when describing what is covered so getting them to pay a bill will be hard.



Bank the money. Don't loose any sleep cause you don't have a warranty. You don't need one.What's the best value extended warranty for a used car?
Don't waste your money.



Have the car checked out before you buy it. maintain it.



If you want to stick the cost of the warranty into a savings account just for car repairs then feel free.



Most extended warranties do not pay out any claims.



There are a million reasons for them to legally refuse your claim and they know it.