Okay, but no. What kind of car should *I* buy?

[tw]

Originally Posted by sexobon

Being discussed was the pricing of third party warranties available for purchase on used cars as a reflection of repair record and indicator of reliability.

Why would anyone buy a third party warranty? Why spend money for no purpose? No sense is providing some third party with a healthy profit.

Purpose of insurance is to avert a cash flow problem. Anybody risking backruptcy because a car fails really should address a fiscal problem first. Useful warranty comes free from the manufacturer (and from better dealers who actually fix used cars before selling them).

If a dealer is pushing additional warranties, well, that also implies a problem. Better is to consider other probably more responsible dealers. A big buck and hyped warranty is often associated with a reliability problem.