Is an Extended Service Contract Worth the Money You Pay?
When you buy a car that’s new to you, but is a used model there are several different things to consider. If you have found a certified pre-owned vehicle at a dealer that sells only one brand of new cars, you’re probably in good shape to agree to an extended service contract (ESC) and have the coverage you need and an easier time filing a claim, but if the car you choose is sold to you “as-is” with no warranty from the dealer but only the offer of a third party ESC you need to beware of what you’re agreeing to purchase.
(more…)