View Single Post
Old 02-07-2017, 11:26 AM   #28
Tcoat
Senior Member
 
Tcoat's Avatar
 
Join Date: Jul 2014
Drives: 2020 Hakone
Location: London, Ont
Posts: 69,841
Thanks: 61,656
Thanked 108,295 Times in 46,456 Posts
Mentioned: 2499 Post(s)
Tagged: 50 Thread(s)
Quote:
Originally Posted by Yardjass View Post
Yep, I do that too. When you're both the house and the "customer", eventually you're going to lose but as you stated before, in the long run the odds are overwhelming in your favor that you're going to save money. Those insurance companies stay in business because of this very fact so why not take the profit out of their hands and keep it in yours? Obviously the OP was well served with a warranty but until such time as I can see the future to know exactly when I should or should not purchase a warranty, I will continue to save my money and pay up on the rare occasion that something bad happens. Even then, I may be too busy getting rich on sports bets with my Biff almanac to even be bothered with setting up an auto warranty.
Between my wife and I we have put a grand total of over a million miles on our last 7 cars (4 mine and 3 hers) and have spent the horribly excessive amount of $180 in repair work that would have been covered by an extended warranty. That was to repair a headlight mount that broke when 1000K out of the regular warranty. These were all Mitsubishis and one DSM! The only expensive repair was to my Talon when it threw the timing belt and that wouldn't have been covered anyway since it happened at 180K and should have been changed at 100K.


Now I did consider the extended for the FRS since it was a new and unknown car but I would have chewed up even the extended by now and have not had to have a single thing fixed.


Damnit you changed the future on us! We were supposed to have all sorts of cool shit by now.


__________________
Racecar spelled backwards is Racecar, because Racecar.
Tcoat is offline   Reply With Quote
The Following 2 Users Say Thank You to Tcoat For This Useful Post:
Dadhawk (02-07-2017), ~el~jefe~ (02-07-2017)