Quote:
Originally Posted by NOHOME
Actually, you would have had to shell out $2000 cause you already paid the insurance company $2000 for the extended warranty!
And once again, while not a good thing, would the $4000 expense have been catastrophic to your finances?
I am a firm believer in "Self Insuring" in other words, I am willing to take the same gamble as the insurance company. By doing so, I enjoy the same level of financial return as my insurance company.
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$2000 and well spent in relative to how many times that it happened- 4. Break that down and I paid $500 each time to have a brand new transmission replaced by an authorized infinity dealer.
Would I not had warranty? $4000x4=$16000... wouldn't even be worth fixing.. so again, don't knock something simply because YOU would never need it.
One point however.... Would I buy an extended warranty on a new car? no. Only used.
College person, shell out $4000 for a tranny or $30 more/month on your payment? ....