Date: Wed, 18 Mar 1998 15:06:12 GMT From: kdodgenopsamer.ca (Kathleen E. Dodge) Subject: Re: Opinions on Aftermarket Extended Warranties
On Tue, 17 Mar 1998 02:44:38 GMT, kennopsamAMinetconnect.net (Ken) wrote: >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. Without a doubt... and certainly peace-of-mind has a fairly substantial dollar value as well. I'm just the sort that would rather have my money working for me than for someone else. Taking your examples... what if you chucked the full $3,000 that you think you may need over 4 years into a nice term deposit with compound interest? You might have to cut your investing carreer short, and spend the money on the truck... but you might not. I guess the bottom line is that it's a personality thing, and a lifestyle thing. Clearly the peace-of-mind factor is more valuable for a family of four than it is for single little-old-me. AutoGuide.net http://www.autoguide.net/
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