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 ...
Edd505 wrote: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!
Your an A1 realtor? You know unless you pay cash the bank requires insurance, just like the law for driving, what he is taking about is purely optional and BS for the price. Just look p some of the horror stories I bough the insurance and it didn't cover, I could not find a dealer that would take, etc etc etc. I can bank the 3K and hire a mobile RV repair to fix dang near anything for $1500 & I save half. Your jobs sales mines keeping my $$ in my account. I believe if hes considering the insurance he's buying new so will have warranty for 1-2 years depending on manufacture. He can hope he never has to use it as we al know those horror stories, my RV has been at the dealer for x months and I'm still waiting. His question tells my he's new to this and IF you have any experience you should be well aware of the horror stories in most every brand except maybe SpaceCraft.