A few months ago, my friend was telling me that his automobile warranty had expired. He was of the opinion that the warranty itself was a waste of money and had not served him any good. I advised him to take an automobile extended warranty but he was skeptical and decided not to. Only a week later did he realize his mistake. A major repair had come up for his car and he had no warranty to support him. He had to shell out a huge amount from his own pocket.