[Subscribe to Daily Digest] |
 | [Main General Bulletin Board | BBFAQ |
Prev by Date | Next by Date | Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
how much is the warranty really worth? Posted by TML [Email]  (#2212)  [Profile/Gallery]
(more from TML) on Thu, 8 Dec 2011 04:23:17
In Reply to: Who will honor warranty if I buy a new Saab now?, TB, Wed, 7 Dec 2011 08:58:06 Members do not see ads below this line. - Help Keep This Site Online - Signup |
You have to assume you'll have no warranty. Just by reading posts on this topic over the last several months, it seems the typical person values the warranty at more than $15,000. Is this rational? I'd say no. For a car with a retail of $40k, what are the odds of you needing a major repair within the warranty period? Statistically, it's got to be much less than 10%, and it would cost probably less than $10k. That equates to a value of about $1000 for that portion. Small repairs will likely be required, and they might amount to $1000-$2000. I can pretty much guarantee that when a car maker is factoring in warranty claims into their production cost, it's considerably less than 10% of the retail price of the car. If you're getting something like 25% or more off of retail, I'd say that's a pretty good deal even without a warranty. Look at it from the opposite point of view. If a car's base price was $25k without a warranty, and you had the option to purchase a warranty for $15k, or even $10k, would you do it?
As for higher insurance due to inability to replace body panels, ask for a quote from your current provider. I'd be surprised if that's the case. If it's too high, you could always just decline collision coverage and try not to cause a collision; this is what I do with my cars. Insurance is a racket anyway.
posted by 24.246.55...
, Thu, 8 Dec 2011 16:39:44
, Thu, 8 Dec 2011 06:04:10, Thu, 8 Dec 2011 06:40:09, Thu, 8 Dec 2011 09:49:05, Thu, 8 Dec 2011 05:41:39, Fri, 9 Dec 2011 19:10:28, Thu, 8 Dec 2011 04:23:17 <-- Viewing This Message, Wed, 7 Dec 2011 22:43:16, Wed, 7 Dec 2011 18:43:27
, Thu, 8 Dec 2011 03:53:12
, Wed, 7 Dec 2011 15:53:45, Wed, 7 Dec 2011 09:21:15, Thu, 8 Dec 2011 03:44:39
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
 |
 |
 |
 |
 |
