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Old 12-10-2012, 07:07 PM
KyleGT KyleGT is offline
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Location: Madison, WI
 
Join Date: Sep 2012
Posts: 24
Mein Auto: 2008 X5 3.0i
Quote:
Originally Posted by Billyraymallard View Post
Paid product warranties, especially auto warranties, are nothing more than prepaid repairs. Sure, you can win. But it is a lot like playing blackjack against the house. Maybe you get lucky, but if you play for a long time you will almost certainly lose. If it is your own car, then you are a better judge of reliability. If it has been reliable, then you will pay too much for the warranty you most likely will never use. Of your car is like mine, then you are better off not keeping it.
Exactly. There's a reason why these extended warranty companies exist. You almost always lose. It's a much better idea to set aside a little money each month specifically for auto repairs. If something happens, you have $ to have the repairs done. If nothing happens, you have a nice chunk of change that can be used for other things.
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2010 Chevrolet Avalanche LT (Imperial Blue Metallic)
2008 BMW X5 3.0i (Alpine White)
2001 Suzuki SV650S (Candy Blue Metallic)

former:
2004 BMW X3 3.0i (Mystic Blue Metallic)
2001 Pontiac Grand Prix GT (Galaxy Silver Metallic)
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