Can you explain why an extra warranty provides no value? Is this the same as an extended warranty?
Depends on the "type" of warranty you purchase and the wording, generally there are 3 levels of warranty from a 3rd party, basic, powertrain and bumper to bumper\
never buy the basic, it covers nothing essentially and will be worded as such if you pay attention, it really only covers "some" items provided they flat out break.
the powertrain warranty is better and usually covers the "powertrain" should something break like the engine, transmission, differential, radiator, etc. does not cover maintenance items, the bumper to bumper is usually overpriced and not worth the gamble and still will not cover things like airbags or other special items that you might consider to be covered.
it's all in the fine print and :wording:
and provided you get the warranty and go to use it later be prepared for the waiting game, any claims usually require "proof" with a adjuster and they can take there time, they only pay up to a certain labor rate (usually worked out with the shop for less than usual) and replacement parts may be used or refurbished or rebuilt and they will only pay a certain amount for said part going off a internal price list. do not expect golden ticket service and brand new parts.
too many people get mad because "the warranty" did not cover it, but had they read the details they would know what is or should be covered and what is likely not.
and on top of all that if you do not keep maintenance records your claim can be flat out denied because the "agreement" is always worded that you must maintain the vehicle, i.e. oil changes, fluid flush, brakes, plugs/wires, sensors, etc at the manufacture specified intervals