CNA National Extended Warranty
I am offered an extended warranty with CNA National. Does anyone have input on whether this is worth the $1,800 they want to charge me for it? How about extended warranties in general? Thanks.
Forum Discussion
guidry wrote:
Take the $1800 and put it in a savings account; when something breaks,use it to buy the part and fix it yourself. Extended warranties, in my opinion (and I fell for one once) are a scam! They will find any reason to deny you the warranty, ie: "you didn't maintain your roof every 6 months so the leak is on you". You may have to prove you had maintenance done frequently, even if you do it yourself. It is a money maker for the dealers! And, if you decide you don't want it and ask for a refund, then it will be pro-rated and applied to the end of the loan.
Thanks, I passed on the one offered on our 5er. Here I'm asking about the Ram truck. I should have been more clear in my original post.
