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

Their worth varies from person to person, so this question has no one answer. Besides, people often try to justify their decision either way.

I buy extended warranties on all my vehicles and RVs and have never had to use it on any RV so far. I have used it on my Audi and after 2.5 visits the premium was paid. Subsequent visits were gravy. The piece of mind is usually worth the cost for those who get it - me included.

That said, be sure of what you are buying (read the fine print) and buy the product with the best reviews which quite often is not the cheapest.