I think it is because statistically, the longer you wait before buying an extended warranty the more likely it is you're buying because you're going to need it! In other words, the later the entry the higher the risk for the insurer (or more accurately us the insurance pool.)
Quote:
Originally Posted by mjposner
I think it is because statistically, many people do not keep cars beyond 4 years and if the warranty is not transferable, its no expense to them since the first 4 years are factory.
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