Quote:
Originally Posted by billwot
I'm sure lottery winners would say lottery tickets are a wise investment...but they aren't!
And that's all an extended warranty is...a lottery ticket.
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I justified it by the added value services. My warranty was 1900. But it included 5 years of roadside assistance, that exceeded what I was paying for through CAA. My CAA was about 150/yr. (150x5=750). It also included 8 oil changes, which is about 90 bucks at the dealership. (8x90=720). All said and done with that, I'm at 1470 of added services, which leaves me with a balance of about 500 on the warranty. That's easily justifiable to me. I like doing oil changes myself, but with 50 or so dollars of parts, plus an hour or 2 of my time, I'm still at 400 bucks for those 8 oil changes, and a good chunk of time.
Some call it a gamble, for me it's peace of mind.