You haven't disagreed with me. To do that you would need to make a financial case that an extended warranty is better than self funding repairs. There is a case to be made for poor people who are buying used vehicles to lock in a cost per month. Not being able to get to work at McDonalds may be a major financial issue worth insuring against. But no one would buy a new, expensive, completely unnecessary vehicle yet they could not easily pay for a transmission replacement, right?
It's not my opinion that extended warranties have a strongly negative expected value.