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Should I cancel the extended warranty?

mvargas322mvargas322 Member Posts: 2
edited April 2016 in Honda
I recently purchased a 2013 Honda Civic w 50K miles. I got talked into an extended warranty at the dealership and i cant shake off the feeling that i dont need it. I called em up and was given the chance to sign a cancellation form on saturday. My question is should i keep it or cancel it? They charged me $2800 for 5 years through All State. Is it worth having it? Thanx in advance.


  • cmhj2000cmhj2000 Se, Pa.Member Posts: 381
    edited April 2016
    Have you ever seen an insurance co loose money? I marvel at how many people buy these and then have second thoughts. I've never bought one in my life.
  • steverstever Guest Posts: 52,457
    edited April 2016
    I'd cancel and try to "save" the $2,800 in my repairs account.

    Go with your gut.
  • carboy21carboy21 Member Posts: 760
    They always hard sell extended warranty. Just refuse.
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