Talk of The Villages Florida - View Single Post - Automotive Warranties - any good?
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Old 06-04-2024, 07:38 PM
BrianL99 BrianL99 is offline
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Originally Posted by Shipping up to Boston View Post
Remember too....they don’t use manufacturer parts either. Mostly after market, inferior stuff. The marketing is towards the fairly older, higher mileage vehicles. Then you have to make sure your mechanic is even in the program. As @BrianL99 stated, owners with new dealer purchases....already have a built in warranty. So extended ones are the focus there. If you can part with a minimum of $100 a month (that’s the lowest coverage), read the fine print on what is actually covered and what isn’t. The commercials you are referring to use paid ‘actors’....unless you really believe Ice T is so destitute (net worth 65M) that he needs this type of ‘coverage’!
I'm not in the operational side any more and it may have changed, but when all the auto dealers originally got into the "extended warranty" business, we had to ship the money to "off shore banks" and keep it there. That should give you a clue.