Minneapolis Star Tribune: Today, Extended Warranty May Be Worth the Money

Q: I want your opinion on whether to buy an extended warranty on our 2012 Acura TSX. We just bought the car and the salesman told me, “If you plan to keep this car more than five years, you should buy the extended warranty.” The cost to extend the coverage to 100,000 miles or 2020 is $1,950. He claims this car has so many computers in it there are bound to be problems sooner or later and computer problems in these cars are expensive to repair — easily exceeding $1,000 a shot. What do you think? Is he just trying to sell me something I don’t need, or should I splurge and pay the extra two grand?