Used car warranties

I just realized that you can get an independent warranty on a used car (i don’t pay attention). for example.
I view cars as a method of transportation, not a status symbol, so when i trade in my truck for another car it will probably be a late model Kia or Hyundai. Maybe a Ford.

Anyway, economy cars, aside from having a low purchase & insurance price, have cheap warranties. A warranty that will cover everything on a kia or hyundai for an extra 60k miles & up to 10 years is about $950.

Has anyone used one of these independent warranties before? did you need it on a late model car with only 40k miles on it?