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Registered
Join Date: Apr 2002
Posts: 1,492
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Extended Warranty Purchases?
Didn't bite on another one. This time on a new frig. (Still have a time period to choose though.)
Anyone ever have to use one?
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1969 911 E Coupe "Little Bull" "Horse" "H." Heart, "G." Gears, and "P" the Porsche Last edited by H.G.P.; 02-24-2012 at 11:04 PM.. Reason: spelling |
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02-24-2012, 10:55 PM
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83 911 Production Cab #10
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If you need piece of mind, the only worth one is on TV at COSTCO.
3 extra years after their own 2 years is $60 on a $999 TV, more than half the cost of the 4 years Best Buy and the like charges
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Who Will Live... Will See  83 911 Production Cab #10, Slightly Modified: Unslanted, 3.2, PMO EFI, TECgt, CE 911 CAM Sync / Pulley / Wires, SSI, Dansk Sport 2/2, 17" Euromeister, CKO GT3 Seats, Going SOK Super Charger |
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02-25-2012, 02:19 AM
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Bollweevil
Join Date: Dec 2003
Location: Fulshear, Texanistan
Posts: 3,361
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Haven't opted for one yet and so far have not regretted it - knock on wood however.
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Jack 74 911 Coupe 2.7L - K21 Option - S suspension |
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02-25-2012, 02:48 AM
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Registered
Join Date: Jul 2003
Location: Valencia Pa.
Posts: 8,843
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Never
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No left turn un stoned |
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02-25-2012, 03:59 AM
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Registered
Join Date: Jan 2012
Location: Erehwon
Posts: 3,369
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A good general rule of thumb is to never buy insurance against any loss that you can reasonably afford out of cash flow. Idea is that we each do enough things that could be insured and the costs of those insurances are usually quite unreasonable when taken against the probability of loss and cost of replacement - just put the insurance saved into a savings account and over time you will come out ahead.
Unless you have a little black cloud over your head... C. |
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02-25-2012, 07:23 AM
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Registered
Join Date: Dec 2005
Posts: 3,384
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Small appliance insurance is a winner for the underwriter. Sure there are people who use it and win but the key there is that not many people will reap the benefit of their warranty. If you want a warranty for your fridge you could get american home shield. I go AHS and the fridge broke...they sent someone in and fixed it. The beauty of the whole home warranty is that it covers so many more things than just the fridge - major downside is that it is 400-600 a year.
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02-25-2012, 08:44 AM
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Slackerous Maximus
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,160
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CPO warranty on my P-cars has served me well.
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2022 Royal Enfield Interceptor. 2012 Harley Davidson Road King 2014 Triumph Bonneville T100. 2014 Cayman S, PDK. Mercedes E350 family truckster. |
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02-25-2012, 08:45 AM
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Registered
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+1 on the CPO for the Porsche
I bought one on a big screen TV. The TV went out so I called about getting it fixed. They said no problem it'll take about 3 weeks. I didn't want to wait so I called my local TV repair shop who picked it up and brought it back a couple days later for about $100. I figure I buy enough stuff that I can pay for the occasional repair out of the money I save by not buying an extended warranty.
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2014 Cayman S (track rat w/GT4 suspension) 1979 930 (475 rwhp at 0.95 bar) |
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02-25-2012, 09:04 AM
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Das Babe
Das Babe Metalberiech
1979 Porsche 930 3.4
