Quote:
Originally Posted by billwot
Well, occasionally someone walks out of a casino with a pocket full of money, but most do not. Same with warranties...there are occasional winners, but all those other losers are paying for it.
And I assume you rolled the cost of the warrant into the payment, so you paid interest on top of the warranty cost. So I'll bet that even a $2500 bill was barely more than break even compared to the total cost of the warranty. If you would have just put about $25 in the bank each month, you would have done just as well, and that money would have been there, no matter what.
We always own 3 vehicles, a family grocery-getter (currently '14.5 Camry), my work truck, (currently '11 Tacoma), and my toy (currently '13 FRS). We drive approx 45k miles each year, and keep vehicles 5-7 years, or 100-120K miles.
I have not spent more than $1000 COMBINED TOTAL for repairs in the past 15 years.
|
Its a AAA extended warranty - its not available to roll into my auto loan. I haven't even purchased it yet. I posted to get other peoples experiences with the BRZ as it started getting up in mileage to help me decide if this is something I should consider for myself (or not). After all, I am not buying the car new - its 3 years old.
Unfortunately, this thread is not answering my question on people's experiences with their long term/higher mileage experiences, but, has turned into a debate on whether a person thinks an extended warranty is worth it or not.
