jimbee
Thinks s/he gets paid by the post
- Joined
- Oct 11, 2010
- Messages
- 1,227
Generally I agree with this, however, I’ve had a couple cars with extended warranties and they did end up paying for themselves. Of course those were GM vehicles so the odds may have tilted a bit more in my favor. Plus, I receive employee pricing (father in law is a GM guy) so that helps too. Right now I have one on my truck (6yrs/100K miles). I’m going to sell the truck right before I hit one of the cutoffs. On my other car I went bare. DW does just not drive enough. I’d need something like a 10+yr/100K warranty and they just don’t sell those.
I did say they are usually not a good deal for the buyer, not always. If the policies were a good deal in general for the buyer, they wouldn't be good for the seller. Travelover's post explains it better than I do.