Quote:
Originally Posted by MrFlorida
Never bought a warranty plan. Never will.
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That has been my rule as well, but with a couple of notable exceptions.
One, we bought a new Rav4 a few years back, w/a 60,000 warranty. We were getting close to that number and talked to the dealership about an extension, the reason being that I had asked their service dept. once what it would cost (parts and labor) to replace a gasket that was showing a little moisture around it, and they said about $2,000.00. The extended warranty (bumper to bumper) was to 130,000 miles, no time limit, AND it transferred to the next owner should we ever sell or trade it. We're nearing 90,000 miles with absolutely no problems, and anticipate none, but with the costs of repairing anything with the Toyota name on it, it does bring peace-of-mind.
The other was on a computer I bought at Costco about 10 years ago. The original warranty was two years and I bought an extra two years for an amount I can't remember, and sure enough, mine died at two years, two months. They took it back and gave me a new one, no problem.
Those were the only two extended warrantees I've ever purchased.