The whole logic of the Extended Warranty pitch has always escaped me.
First they sell you a car, during which the friendly salesman emphasizes over and over how reliable and trouble free his cars are, and what a wonderful product it is compared to the competition.
Reminds me of my last purchase, a new Subaru, a model in its second year. The sales person talked about how the engine and transmission were from other models and are proven reliable and how great Subaru reliability and value are as well as low cost to repair.
Then comes. "You're really going to want the extended warranty. It is $$$$, a good deal considering the cost of the car. Plus we do great service here."
Us: You just said the car is reliable, low cost to repair etc.
Him: Yeah but this is a fairly new model. Better safe than sorry. Great peace of mind. (paraphrasing)
Us: I think we'll just keep my money in savings and if something comes up we'll pay for it.
Him: Let me see if I can get the cost down, then quickly takes off without looking back.
Us: I'm a little amused at this point because this salesman has run through about a half dozen "sales guy" techniques on us. My wife is just pissed off.
Him: Eventually returning; OK, good news, the warranty is only $$$ AND we were able to get you some free oil changes thrown in.
Us: No, we don't want the extended warranty, thanks. Lets just talk about the price and delivery on the car. Also, you're going to have to knock off the doc fee.
Him: Oh. You really should blah blah blah. But let me go talk to ...
Us: We thank him, shake hands and leave.
(I left off a couple of iterations on the paperwork where he returned with only half the things we asked about addressed.)
Later my wife left a bad review, talked to the store manager to give feedback. We bought from a different dealer with no BS, a lower price and no wasted time.
But I digress. Extended warranties? Absolutely not. Not for me.