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Well the advice I can give you is not to. I dont think they are a waste of money, but the gamble you run by not getting one is will you incur a expense that is equal or greater to the amount you pay for the warranty.
When I was younger and buying my first new vehicle I came to this point in the process where the dealer was asking me about a warranty (this was 25 years ago). I was fortunate enough that my brother in law was / is the owner of the dealership, so he was sitting with me when they asked. So I asked him what to do - and this is the way he worded it "all you are doing is pre-paying for a repair you might have. If you sit on the money, and get to the mileage that the warranty was written for, and you didn't use it, you are farther ahead. If you buy the warranty now, you might never use it and will be out the money. You only win with it if you have MORE problems with the car than what you initially paid for the extended warranty"
I have never bought any kind of extended warranty since - and have never needed one.
IMO cars with issues will show those issues by the time the factory warranty is up. These things rarely pan out, and it seems to me that those I know who have bought one then tried to use it end up having to arm wrestle the warranty companies that are trying to wiggle out of not paying. If you sit on your money, you can at least spend it at your discretion.
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