Date: Sun, 22 Mar 1998 02:06:17 GMT From: wigingtonnopsamspring.com (Darryl Wigington) Subject: Re: Opinions on Aftermarket Extended Warranties
kennopsamAMinetconnect.net (Ken) wrote: > > >Kate, > >Your logic is fine, as long as you don't experience any major repairs. >My four wheel drive vehicle has all the normal stuff that can need >repairs from engine, transmission, etc. But it also has two >differentials, a transfer case, ABS brakes. > >What if my transmission falls apart and costs $2000 to fix. And then >6 months later, my transfer case goes on the blink... for say another >$1000. Then there is the normal stuff like starters, alternators, >water pumps and radiators. I think you get the picture. > >I agree a extended warranty is buying insurance, but for all the >things that can go wrong with a vehicle over the next four years >(after the manufacturer's warranty), it could turn out to be money >well spent. Then on the other hand, you could get lucky and not have >any major repairs. > >Just my 2 cents worth. > > >Regards, >Ken > >1996 Ford Explorer XLT V8 AWD >SPAM protection - Remove NOSPAM from email address to reply As you told Kate, the logic is fine, but you are essentially "betting" on the fact that one or more of the admittedly expensive components you list will fail within the extended warranty period. My personal opinion boils down to "why the heck are you buying a vehicle you EXPECT will fall apart?" Then again, as others have pointed out, peace of mind has a definite $$$ value, even if it is hard to pin down.
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