costly
Consumer Reports makes no secret of the fact that they think extended warranties are a big old waste of money for consumers, but now they've actually launched an advertising campaign against the warranties, says the
New York Times.
Not surprisingly, the car dealers who sell the extended warranties disagree. A spokesman for the National Automobile Dealers Association likened the warranties to insurance for which, of course, policy holders as a group pay more than they get back to protect against the rare problem that is ruinously expensive.
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Consumerist
