RRTom
Oct 29, 2020Explorer
Extended warranty
My wife and I have decided an extended warranty is right for us. We have done (and continue to do) research. So please don't turn this into a discussion about whether an extended warranty is worth it ...
A1ARealtorRick wrote:Edd505 wrote:
I'm against buying extended warranties. How much is that going to cost? Put that money aside for IF you need it and collect the interest, buying it is betting somethings going to break. Most everything that can break can be bought for $1000 +/- plus labor. Buying new warranty should have everything fixed before it runs out. If you are a DYI type you'll save a lot more.
OP wasn't soliciting opinions on extended service contracts (yes, they're service contracts, not warranties -- warranties are only issued by the original vehicle manufacturer).
Also, with the line of thinking that you're "betting something's going to break" the same could be said for any kind of insurance we 'gamble' with -- homeowners, auto, life, health, etc. Honestly, don't we buy these coverages hoping we're never going to have to use them -- I sure do!