Extended warranties are they worth the cost

Jcgorrie wrote:
Yes another question and I know the dealership will try and sell. Basic warranty is for 1 yr. is it worth the money and what is a reasonable charge. Thanks

Probably not for a TT but many people buy them for peace of mind. Read the fine print like a lawyer, between the deductibles, caps and exclusions you’re very likely to have less coverage than appears on the surface. Everyone pushes them which is a good indication they are a lucrative profit center. Some people have bad luck or get a bad unit and it pays well for them, most people will pay more for the warranty than they would have for the repairs. To me it makes more sense to put the money in an account and add small amounts to it periodically. Odds are you’ll cover your repairs and have cash left over for whatever.