Buy Extended warranty! Yes/No? Help!
We are looking at a 2002 Class A we have no history on the unit. We are thinking of purchasing a Extended Warranty due to the age and possible unknown problems that might come up. This warranty i...
Forum Discussion
BTPO1 wrote:
To me it is just an insurance plan. Just like insurance they will try anything to get out of paying you. I also feel that it is better to bank the money you save and use it to repair as needed yourself. JMO
That's *exactly* what they are. And yeah, they do the math. The company estimates how many folks will make a claim so they can make money.
I have no issues with the company trying to make a profit. That's about as American as you can get.
I've done an about-face on extended warranties. I used to never buy them but have bought them for some of our appliances. While I don't think I've come out ahead, money wise, I do like the piece of mind they can bring.
