Forum Discussion
Optimistic_Para
Oct 13, 2018Explorer
K Charles wrote:
Read the fine print.
+1! Many warranties aren't worth the paper they're printed on.
I think - in general, for most people - you will come out ahead by taking the money you would have spent on the warranty and putting it into a dedicated repair fund that you don't touch for any other purpose.
This presupposes that you have the financial willpower to not touch your repair fund for other purposes. If you don't, then MAYBE an extended warranty is a good idea for you. Maybe.
Or maybe put the money into CDs, where there is a penalty for early withdrawl, as a way of making sure you only touch it in a real mechanical emergency.
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