02-06-2017, 03:39 PM
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#9
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Senior Member
Join Date: Jul 2014
Drives: 2020 Hakone
Location: London, Ont
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Quote:
Originally Posted by extrashaky
Yep, the mechanic said he hadn't seen it before, but he also said they didn't get many BRZs in. I put another post on the Issues board for the technical discussion.
Insurance is a hedge against future economic loss. You weigh the impact of the risk and the likelihood it will happen and make a decision. If I had been buying a vehicle with a long track record of going 300K miles without major issues, the lower risk might have led me to pass on the extended warranty. But when I bought my car in 2014, there were very few twins on the road with any significant mileage. It was a new motor, and it was unproven. Seemed like a no brainer to me to buy the extended warranty in that situation.
When people kept saying it was stupid, I remained fairly quiet and figured, "We'll see."
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I have had very good luck wit extended warranties on products in the past. I would have got one for the car but although it seems counter intuitive with the number of miles I put on it so quickly the value just wasn't there.
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