noe-place wrote:
Roundtwo-40 wrote:
noe-place wrote:
I learned many years ago that extended warranties were a quick way for one to give away more money.
And boy do they get mad when you tell them no..:)
They do tend to apply a bit more pressure when you so NO don't they?:D
Contrary to popular belief an extended service contract can be worth every single penny you spend on it ... if the value is right. To be up front I did not purchase an extended service contract on my trailer because the cost vs value ratio wasn't there.
I did purchase an extended service contract on my 2012 Ram 2500 Cummins pickup. The pickup came with the manufacturers 3/36. I purchased an extension of the exact 3/36 for an additional 4 years. So what I ended up with was a warranty on my pickup that covers me for 7 years total. What was the price? A little over a 1000 bucks. I MAY never need it but if I put that 1000 bucks into a jar it would be mostly gone if not all gone after the 1st issue outside the originally 3/36 warranty. The cost vs value was right so I did it. Would I pay 3000 or 4000 for the same plan? Probably not but for what I paid and for it promised to do the value was right.
I don't think that issuing a blanket statement saying all extended service contracts are a waste of money is correct. Some are very well worth the money and a lot more are a waste of money. You got to get the right one!