From Dave Ramsey's perspective, he does not think it is worth it for any buyer and homeowner to get a home warranty. The thing is, a home warranty only covers the cheapest appliance you have. With the added cost and fees for service and still putting in your own money, it is not worth it.Aug 26, 2021
Are Home Warranties worthless?
No, a home warranty isn't worth it for buyers or homeowners. Remember, a home warranty only covers the cheapest repairs or replacements. And you still have those added service fees. Warranties are simply a waste of money!Sep 24, 2021
Why extended warranties are a waste of money?
Extended warranties are rarely worth your money. Products don't break on their own, and when they do, the price of repairs is usually lower than what you'd spend on an extended warranty. ... In most cases, it's best to skip the extended warranty and use your extra cash to build up an emergency fund.Jul 16, 2019