Is extended dealership warranty worth it?
Usually I skip extended warranties on everything I buy. I have never had a need to use one and I feel if a manufacturer is willing to give a 5 year warranty it is because they feel most of their time...
Forum Discussion
Phanes wrote:
My dealer is offering a 5 year bumper to bumper for $2500. If the TT is within 100miles of the dealer they will send someone out to fix it. If it can't be fixed they will tow it and fix it at the dealership.
There's no such thing as a dealership extended warranty ... rather, they're third party warranties sold by the dealership just as they would sell any other product or service. Obviously there has to be margin in the sale to make it worthwhile for the dealer to even bother with and guess who pays for that margin? ... YOU. The dealer will only "fix" whatever the third party warranty company will authorize - no authorization = no repair. I've never seen one without many exclusions so if you go ahead with this read the fine print very carefully.
