This article on Csrtalk’s website reads like it was written by a shill for the extended warranty industry.
While all the old arguments against buying extended warranties still apply. one that this article did not address is the way these companies wiggle out of covering things.
The most recent and flagrant example from the forum was a Ford Motor extended Warranty that did not cover a destroyed engine caused by the tip of a spark plug the had been installed by the factory and was not due to be changed. The denial was that the spark plug was not a covered component.
The fact is, these warranties are expansive and generate large profits and most consumers would be better off dropping the warranty money at the horse track.