There's an old saying ....."A fool and his money are soon parted".

What a scam. All the clowns in the ads don’t tell you the true cost of the repair. Sure the repair might be $5000 after paying for 3 years, but since you might be paying $200 a month for this bogus extended warranty, you are paying $2400 each year and after 3 years you would have paid $7200 for the insurance, so that $5000 repair after 3 years really cost you $7200.
The repairs they cover do not allow you to take it to any mechanic you choose and they will replace parts with remanufactured parts.

I have purchased 2 new cars almost every 2 or 3 years and only once did I buy an extended warranty because of 2 things:
I thought I would keep this car longer; and the dealer stated that if I sold the car or never use the extended warranty, they will refund the full cost of the extended warranty. I kept the car for 1 year after the original warranty ended, and never used the extended dealers warranty, so they gave me my money back

You should share the dealerships info

With that kind of sales model...he’s probably living in a travel trailer behind the dealership!

Those warranties, again, not the TV ones ....are where most dealerships make their most profits. So your story, if true, is clearly an anomaly

They’re expensive, & these warranty’s usually get to you when car is almost new. If they want warranty a car they should offer them about the time you start having issues, not when they’re barely out of factory warranty. If you’re a single women maybe but as a annual warranty I think they’re expensive!

Boy you are right about that. I bought a vehicle in 2017 which I still have. Because of all the electronics on it I figured it might be a good idea to get an extended warranty that will cover ALL those electronics. The dealer wanted $2400 for the 10-year Platinum plan (I Keep vehicles a long time). In my experience I would never buy anything but the Manufactures plan. I shopped elsewhere and found a small dealer up in Michigan selling the exact same plan for $1000. I called the manufacturer to confirm I would be covered if I bought it from this dealer and they said yes, they said dealers can make their own pricing. My advice is if you want an extended warranty, buy only the manufactures plan and SHOP AROUND!!

Seven or so years later have you had problems with the electronics? Bought my camry 3 years ago and dealer tried to sell me warranty on the electronics. I declined. No problems but wonder as the car gets older what might happen.

So if I’m reading your post correctly, the dealer is trying to sell you an electronics specific warranty product?
Not too much collusion there, huh!

Some of the cars listed by other posters, BMW, Subaru and Dodge, yes get a warranty, LOL. Somebody posted about a 2017 Ford Escape the other day the AC crapped out, add that one to your extended warranty list.

The finance guy once I disappointed him about not financing the car, tried to sell me about 7 different warranties.

After about 5 turndowns, he tried some hard selling which got him nowhere. Asked him perhaps I should not buy the car if the quality is so bad the buyer would need all of these warranties.

He stopped after that.

That story is either leaving out some salient facts, or the Dealer was running a scam with his 3rd Party Warranty Co. Probably not actually putting the warranties on a car and keeping all the cash. If a claim comes in (which is seldom in the 1st year or so), he was then back-dating paperwork and then sending in the premium.

No one sells Insurance and then gives the money back, if you don't get sick or die. Not a sustainable business model.

This YouTube video just cameup in my feed.
Mechanic’s View of Aftermarket Car Warranties

Talk to service tech in a dealership and they can best answer "the what can happen" question and what they are seeing. My son has worked in a manufactures service center for the last 15 years. Some of the stories he tells about prices of repairs now days are almost unbelievable.

What can happen does not equal I must carry multiple warranties.

A brick falls down from a building do I need policy protecting myself from that?

One way to save big money is to stay away from dealerships, except for original warranty work.