MOPAR lifetime warranty
I had my Jeep Wrangler (toad) in the shop and the service manager asked me if I’d be interested in buying a lifetime warranty for it. I almost never buy warranties anymore and I was a huge skeptic as...
Forum Discussion
lryrob9301 wrote:MetalGator wrote:
I keep all my vehicles at least 8-10 years. On my last 3 vehicles, I purchased the extended warranties. I used the extended warranty once on a truck after the factory warranty ran out. The cost of the fix was way less than what I paid for the extended warranty. The only thing the extended warranty was good for (in my case) was piece of mind but I believe in most cases, it's a waste of money unless your vehicle is very problematic.
X 2 I spent 35 years in the automotive industry and extended warranties are one of the most profitable things a dealer sells. They make as much or more profit on the extended warranty as they do on a new vehicle.
Notice this is not just an extended warranty. I'm very familiar with extended warranties and the pitfalls. This is a "Lifetime" warranty that covers you for as long as you own your car. That means at 15 years old with 500,000 miles on the odometer you still have a complete bumper to bumper warranty on the vehicle. If you're the type of person who drives a car until it will drive no longer, you don't think you could get your money's worth and then some out of this warranty?
