Re: CPO was a waste of money ;) - Saab 9-5 Bulletin Board - Saabnet.com
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Re: CPO was a waste of money ;)
Posted by Brooks G (more from Brooks G) on Thu, 5 Oct 2006 21:45:37
In Reply to: CPO was a waste of money ;), Posidon, Wed, 4 Oct 2006 18:50:38
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The thing to remember about extended warranties is that the company selling them to you is in business to make money. This means that on the average, the people buying an extended warranty loose money. The key here it the average part. It is simply a matter of luck whether you come out ahead or behind on any particular extended warranty. But if you get an extended warranty on most everything you buy, you too will in the end loose money unless you are very unlucky.
My policy is simple. I get extended warranties on nothing. My luck has been good enough so far, so I'm ahead. That may change in the future but I shall continue to gamble. What you should do depends on your financial situation, or to put it another way, whether or not you can afford a major repair if one pops up.
Brooks,
posted by 75.80.33...
Posts in this Thread:
- CPO was a waste of money ;), Posidon, Wed, 4 Oct 2006 18:50:38
- Re: CPO was a waste of money ;), Blaine from Maine, Fri, 6 Oct 2006 06:23:32
- Re: CPO was a waste of money ;), Brooks G, Thu, 5 Oct 2006 21:45:37 <-- Viewing This Message
- Re: CPO was a waste of money ;), DivrDon
, Thu, 5 Oct 2006 13:11:36 - Re: The best money I ever spent, ScottA, Wed, 4 Oct 2006 21:25:53
- Re: CPO was a waste of money ;), SWEDECAR
, Wed, 4 Oct 2006 21:12:16 - Re: CPO was a waste of money ;), Mark B., Wed, 4 Oct 2006 18:59:56
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