View Single Post
Old 02-17-2007, 09:48 AM
dlssmith dlssmith is offline
Registered User
Join Date: Sep 2004
Location: Las Vegas, NV
Posts: 578
Be careful when buying an extended warranty. What you are buying is actually an insurance policy, but without any guarantee that the insurer will be there when you file a claim. I was offered one recently when buying a car that would have been more expensive, monthly, than my homeowner's insurance - for a car worth 1/20th of what the house is. But there is no regulation on these companies, and if they go out of business - take the money and run, you're without recourse.

By the way, on the warranty I mentioned above, the woman doing the paperwork at the dealer who's job it is to sell this thing, got up from her desk, started ranting about what would I do if the car broke down? Carrying on and doing the most incredible hard sell. Harder than the sales person who sold the car to me a few minutes earlier. Usually, the rule should be, if you can afford the product, you can afford the repairs.

I always advise against buying extended warranties for any product. It's a rip off. And the car dealers make out very well on them.
87 300D latest project!
11 GLK 350 So far, so good
08 E350 4matic, Love it.
99 E320 too rusted, sold
87 260E Donated to Newgate School - check it out.
12 Ford Escape, sold, forgotten
87 300D, sold, what a mistake
06 Passat 2.0T, PITA, sold

Las Vegas NV
Reply With Quote