You have decided to purchase a new car and are making arrangements for payment. The salesperson suggests that you consider purchasing an extended warranty. In fact, it seems that the salesperson is even more eager to sell the extended warranty than to sell the new car. What economic issues should you consider before you buy the warranty? Explain.

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The Answer of You have decided to purchase a new car and are making arrangements for payment. The salesperson suggests that you consider purchasing an extended warranty. In fact, it seems that the salesperson is even more eager to sell the extended warranty than to sell the new car. What economic issues should you consider before you buy the warranty? Explain.

You Have Decided to Purchase a New Car and Are