Talk of The Villages Florida - View Single Post - Extended Car Warranty
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Old 11-19-2021, 11:34 AM
Speedie Speedie is offline
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Quote:
Originally Posted by retiredguy123 View Post
Respectfully, I don't agree. It is not a good deal, if you can afford to pay for your own repairs. On average, extended warranties only pay out 8 percent of the premiums they collect.
I used to sell the warranties to/thru dealers. The normal pricing gives 50% of what you pay directly back to the dealer.
Thats why they push them so hard.