Are they worth it?
Does anyone have one?
Agree. It's one of those things that one hopes to never use, but you don't want to think about the cost of repairing or replacing the electronic systems in newer vehicles.Purchased from the manufacturer - Ford, GM, etc, they can be good. They are generally extensions of the original factory warranty and honored at any company store nationwide. The off brand ones that come in the mail seemingly weekly aren’t worth the paper in the envelope.
Most of that is not covered under an x warranty. Brakes oil change etcPersonally I don’t think they’re worth it. Same with home warranties. Save the money you would pay for the warranty for if anything ever happens, and take care of your vehicles. But it also depends on your mechanical capabilities. Outside of a major stuff, I do most of my own work. 120k miles on my ‘18 ram and no issues. About to change tranny oil and recently did a full break and rotor job.
Now that i think about it, I’ve spent more money on my Harley than our truck/van
Are they worth it?
Does anyone have one?
And grab some credit life insurance while you’re at it!Are they worth it?
Does anyone have one?
Depends on the vehicle you’re purchasing.Are they worth it?
Does anyone have one?
Most of that is not covered under an x warranty. Brakes oil change etc
Bought one for the first time in 2022 when got my Hyundai Sonata Hybrid. Paid $1500 for an extra 5 years of bumper-to-bumper coverage. Problem is, I'll probably hit the coverage limits in less than 8 years. I've got coverage for 10 years or 100,000 miles.
My daughters boyfriend was given an immaculate 2014 Ford Escape Titanium with about 95K miles on it from his grandmother. Well, he used the vehicle for about a year when the Transmission went and he had to get a new or rebuilt one. Turned out that granny had one of those third party aftermarket warranties. It was a bit of a hassle but the company paid for the repair and provided a rental car for a full 4 weeks while the vehicle was at the shop. It took so long because the warranty company was haggling with the mechanic but it eventually got done. This took place about 6 months ago in October.Are they worth it?
Does anyone have one?
buying a 10 yr old car with 95k on it, would make sense.My daughters boyfriend was given an immaculate 2014 Ford Escape Titanium with about 95K miles on it from his grandmother. Well, he used the vehicle for about a year when the Transmission went and he had to get a new or rebuilt one. Turned out that granny had one of those third party aftermarket warranties. It was a bit of a hassle but the company paid for the repair and provided a rental car for a full 4 weeks while the vehicle was at the shop. It took so long because the warranty company was haggling with the mechanic but it eventually got done. This took place about 6 months ago in October.
This is the only real life experience I've heard of. I always thought these warranties sounded like a scam but it worked out well for my daughters boyfriend.