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Re: Extended warranty - is it worth it? Posted by saabsince 93b [Email] (#972) [Profile/Gallery] (more from saabsince 93b) on Wed, 10 Jun 2009 13:05:42 In Reply to: Extended warranty - is it worth it?, James Bridges [Profile/Gallery] , Wed, 10 Jun 2009 12:55:03 Members do not see ads below this line. - Help Keep This Site Online - Signup |
This may not do you much good.
my 2 cents worth on extended warranties.
#1 go to the best independent you can find
#2 shop for a good warranty deal.......lets say it cost $2500.
#3 Open a savings account at your favorite bank and deposit the $2500. Or the monthly payment amount each month.
#4 Every time you have a repair, pay the indy with money out of the account.
If you have money left great!!! YOU KEEP IT.
If you have money left with the warranty company.....THEY KEEP IT.
I have heard to many horror stories with these warranties........
a. good independents don't honor them.
b. hassles on deductibles and exclusions.
I would not buy one for these reasons.....they are insurance policies. The warranty company wants to spend as little money as they can.
_______________________________________ NOW OWN: 2000 95 Imola Red Aero 5 door stick - my ride HAVE OWNED: 2003 95 Black Aero 4 door auto Mary Ann's car 2004 95 Black Aero 5 door wagon 2001 95 Silver Aero 4 door stick 2001 95 Silver Aero 5 door wagon automatic 1999 95 Combi stick 1997 9000 Aero stick red 1988 900 SPG black 1988 900 Convertible black 1985 900 3 door turbo spg kit silver 1979 900 3 door turbo early 900 production 1966 96 2 stroke red 1960 95 wagon red 1959 93b light yellow
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