Nope. In my experience, they’re a big waste of money. I get a 5 year warranty with the car which covers the period of time I’m paying for it. I do plan to keep the car 7-8 years, but by the time it’s paid off, the car payment is going in the bank. If something major happens after that I can opt to offload the car or pay out of pocket. I do plan to look after it with regular maintenance and reasonable care in driving.
Just revisiting this, now with my new to me 3 year old CPO ES, would it be worth it to get a Hyundai factory extended warranty (HPP)? I've emailed me dealer to get a price on it since they are the only ones that can sell it to me...I've asked my CU and they offer one, and plan to get a quote from Carchex since they are able to sell them in Cali, and not Endurance nor Carshield maybe.
I added GAP protection through my insurance for around $450 since my insurance doesn't offer it. So I'm still shopping for an extended warranty. the Hyundai dealer's price for the Platinum plan is $2200, which obviously is insane and they said that cost was $1900 which is lol.
Carchex also wanted around $2000 for a complete coverage warranty, so the only options I have on the table is through my credit union via Mercury Insurance.