It was about six years ago when I bought my first extended warranty for an almost new car purchased at a dealership. At the time I didn’t know for sure if buying the extended warranty was a good idea, but since the manufacturers warranty was nearly up, I decided to do it. The warranty was not sold by Carchex, but in the long run I was happy I had it since the car developed electrical problems and the expense was covered. Before purchasing an extended warranty for your car you would be wise to compare the warranties offered on the Carchex site. The company is rated A+ by the BBB and can help you find the extended warranty best suited to your particular situation.