
11-20-2021, 08:45 AM
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Sage
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Join Date: Feb 2020
Posts: 15,311
Thanks: 1,263
Thanked 16,278 Times in 6,382 Posts
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Quote:
Originally Posted by nn0wheremann
I bought the extension of the new vehicle warrantee with my new 2017 Subaru. Bumper to bumper for 80,000 miles. With 75,000 miles, I have had one claim on it so far, to fix an ignition switch. A couple of months later Subaru extended the factory warranty on that part to eight years, unlimited mileage. The extended warranty has been, thus far, useless. We had one on a used Ford we bought from Carmax. That warranty covered about $200 more in service charges than it cost. If you have sufficient cash or credit to float the cost of repairs, extended warranties are not a good buy. They are basically an insurance policy.
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Agreed. Insurance policies should be for catastrophes such as on life, home or auto accidents.
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The Following User Says Thank You to Stu from NYC For This Useful Post:
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