Quote:
Originally Posted by KC911
My .02 worth...extended warranties are a "sucker's bet" and are a huge profit center for the "house"  . I've never even considered one (for cars, audio equipment, electronics, etc.) and know for sure that I've come out ahead over the years even though I've replaced a couple of motors (Blazer & van) along the way. If I had purchased extended warranties for all my toys over the years, I'm sure the cumulative would easily total $30-40K+ by now...do the math. Sure it's a calculated gamble, but just like Vegas, odds are you'll lose. Just another perspective...YMMV. |
Agree, in general. For electronic stuff, do not both (unless needed because factory warranty does not apply for some reason). I did not even consider it for my wife's Toyota.
I would not recommend it for almost anything, except a European car (Audi, Porsche, BMW, Mercedes, Jaguar, Saab, Volvo, etc)..
For my Audi it has been a great decision. I paid $2400, and have already had over $6,000 worth of work done.