Extended warranty - best options?

[SETenn]

Anyone out there have experience with extended warranty companies? Trying to decide whether to go with the Ford extended warranty or a separate third party, something like Car Shield. Any help is greatly appreciated.

[Roger10378]

None of them are warranties they are repair insurance. You pay out now and and if you need repairs later they take care of it. If you don't need covered repairs it is money down the drain. I find it is far better to put money into a special place for future repairs. That way if you don't need repairs the money is still yours.

[ScottG]

Car Shield reviews.