Forum Discussion
23 Replies
- xctravelerExplorerIf it will make you feel comfortable wait 11 months when your one year warranties are about up and then shop online for what you want. Read the terms and compare carefully. We have recovered the cost on our most recent extended warranty, but would have been financially as well off had we NOT bought it and just paid for the repair. We are not renewing or shopping for another.
- Mandalay_ParrExplorerI never had one. Saved my money. Paid for my own repairs and am money ahead.
They are a great money maker for the dealer. I'm told there are many exclusions in the fine print. - rk911Explorer
dave_330 wrote:
Any info on who uses them, witch ones are better than others, and cost
we took a pass on extended warranties and instead set aside $X every month into a maintenance and repair fund. we salted that fund with an amount equal to the cost of the extended warranty we were offered. please at least consider that option.
IMO the only extended warranty we would ever consider would be one issued by the vehicle mfg and basically extends the mfg warranty. we had one of those on our '03 Jeep Wrangler. all of the others are merely insurance policies designed to separate you from your dollars.
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