Extended warranties or not

Is there any advantage of buying extended warranties? Very minimal. As an example

S. N. Ray

As an example a writer, Elisabeth Leamy, a podcaster of “Easy Money” has done a study on maintenance  of dishwasher to make the point.  She summarizes her findings as follows wing for a dishwasher:

• Problems with extended warrantis
• Not actually extended
• Lots of exclusions
• Deductibles and fees
• May have to mail the product (depending…)
• No servicer selection
• Shop must get permission
• Third party companies
• What to do instead
• Research good products
• Credit card protection
• Contact the manufacturer
• Implied warranties
• Create a repairer-or-replace savings account

and that way come out breakeven at least.

The author and several others he knows conclude the same thing.

Reference