Date: Wed, 18 Apr 2001 11:34:31 -0400 From: Bob <uctraingnopsamanet.com> Subject: Re: Buy the extended warranty? 1999 9.3se 56K / 1SourceAutoWarranty ?
On Wed, 18 Apr 2001 08:10:41 -0700, John Davies <jedaviesNOSPAMnopsamier1.net> wrote: >however, most of the warranties are >measured in miles and years since new. So, in your case, a typical >100,000 mile extended warranty would be good for an additional 44,000 The point exactly. 7 years/100k means 2 years and maybe 30K miles (unless you drive a lot). Most of the items that will simply wear out like clutches, brakes, tires, will not be covered. Many of them don't even cover things like seals unless an internal engine part fails. So, you are paying all that money for insurance against things like bad rods, pistons, or internal tranny parts. The odds of problems of this sort, and problems exceeding the costs of the warranty, are low. Not impossible, but low. There's a Simpson's episode that comes to mind. Homer has an operation to remove a crayon embedded in his brain and becomes intelligent. After a while, he realizes he had more friends when he was dumb, so he has Moe Sizlack do some home surgery on him to reinsert the crayon. Moe puts it in a bit and Homer says something stupid. "Not stupid, enough", Moe concludes. He pushes it in further. Homer says something stupider, but still not stupid enough, Moe pushes it in a little further. Homer says something like "Extended Warranties are a great value". Moe stops at this maximum level of stupidity. Bob