I agree. I mostly buy new and pay cash. I do my shopping for quality as I keep cars 10 years or more.
We have a 12 year old Honda with a little more than 40K miles on it. We’ve never had a major problem with it, but I’ve thought of buying an extended warranty for it.
In the past, I didn’t think I could buy one for something that old; but lately some ads suggest that one can.
I just wonder if it’s worth the expense, as opposed to just going along as we are and buying another new car when costs get to where that makes more sense.