This is gonna be an issue

Osco

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Buying an extended warranty is a gamble. The people selling them are gambling your warranty claims will not exceed what you paid for the warranty. I'd rather be the one to win that bet.
Very true, as they would not sell them unless they were profitable.
I’ve bought two over 8 cars.
paid $1,000 on one and used it for a $1200 rear end repair on my 1988 Toyota Tacoma.
Next one cost me $1,500 on my 2000 Toyota Tacoma. The steering gear started leaking. That repair was $1,200 so they won.
Next one was a 2006 Tacoma.
Dropped something inside the Tranny. Planetary something.
No warranty because I did what your doing. $2,200 repair
A warranty at that time was $2,000.
Have not had one since,
But I’m a little nervous with this first run vehicle and it’s extremely expensive to repair drive system and engine.
I got the money for a big repair so yeah I may pass.
And if I’m wrong I could become a Libtard (Liberal Retard), blame you for influencing me and send you the bill….. LoL
 

Major Kong

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Very true, as they would not sell them unless they were profitable.
I’ve bought two over 8 cars.
paid $1,000 on one and used it for a $1200 rear end repair on my 1988 Toyota Tacoma.
Next one cost me $1,500 on my 2000 Toyota Tacoma. The steering gear started leaking. That repair was $1,200 so they won.
Next one was a 2006 Tacoma.
Dropped something inside the Tranny. Planetary something.
No warranty because I did what your doing. $2,200 repair
A warranty at that time was $2,000.
Have not had one since,
But I’m a little nervous with this first run vehicle and it’s extremely expensive to repair drive system and engine.
I got the money for a big repair so yeah I may pass.
And if I’m wrong I could become a Libtard (Liberal Retard), blame you for influencing me and send you the bill….. LoL
Figured it was time to add in some variables to the warranty equation
Went for the 8 year extended warranty
Why?
2022 USD versus inflationary 2030 USD repair prices
Additionally and foremost reason
Retired guy routine
Early morning rise and shine
Coffee, puzzles
Glance at the obits
goodLorddecideditistime.jpeg
End goal
Mrs Kong can wheel into any dealership
No deductible
No headaches
 

Carolo

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Figured it was time to add in some variables to the warranty equation
Went for the 8 year extended warranty
Why?
2022 USD versus inflationary 2030 USD repair prices
Additionally and foremost reason
Retired guy routine
Early morning rise and shine
Coffee, puzzles
Glance at the obits
goodLorddecideditistime.jpeg
End goal
Mrs Kong can wheel into any dealership
No deductible
No headaches
OK, My turn;
Bought my BL used......added warranty
OLD retired guy routine
MID morning rise and P
Lots of coffee w/cream, check email, shudder while reading news
NEVER look at obits, makes me think I've overstayed my welcome
End goal
Outlive Mom (made it to 101)
Leave debt free car and home for wife (or legacy to kids)
But then again;
God created me to do a few specific things,
I'm so far behind that I may NEVER die!
 

Carolo

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I can't make those two statements go together. I too have had terrific good luck with Ford vehicles. That's given me confidence to keep my money instead of paying for repair insurance. I do the math to figure out how much the extended warranty adds to my monthly payment, then put that amount into an interest-bearing account instead. In five years (or after 60K miles) I'll have a sizeable chuck of dough collecting interest. If I ever need it, it's there. If I don't, then I'm money ahead.

Buying an extended warranty is a gamble. The people selling them are gambling your warranty claims will not exceed what you paid for the warranty. I'd rather be the one to win that bet.
The same reasoning applies to Life Insurance, but I still have it!
 


69cuda340s

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What if I don't wash mudd out of wheel wells and it rust out? Does extended warranty cover that?
 


fourthgear

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I looked at our BS last night & am wondering how that mud got into that inside door area . There is a seal on the Door & there is a lip on the Body side , I have never cleaned that area when washing the BS , I used to wipe down my Super duty , because it must have gotten water in that area ,like the Mud shown , never mud , but water got in there some how & would leave water spots , I would wipe it out with a damp rag when washing the Truck .

Our BS is spotless there , no water spots , it looks like brand new & this BS has been in muddy roads & must definitely monsoon rains driving , so why is the OP's got mud in that area , what's missing or has been changed from stock that would let this happen . I have photos on that area on ours , just waiting for them to upload .

Anyone else have this issue ?
 

brianloch1974

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If the felt pocket runs to daylight just cut a small hole.
 

sajohnson

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The same reasoning applies to Life Insurance, but I still have it!
The difference is, most people do not have enough money to be self-insured for the big ticket coverage -- life; health; auto; home; disability. (Many large organizations and corporations are self-insured because it makes financial sense).

Basically, anything people can afford to cover themselves, they should.

Extended warranties (and all insurance) are betting against the house.
 
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Mark S.

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The difference is, most people do not have enough money to be self-insured for the big ticket coverage...
If you aren't planning to put a lot of miles in your car in a short time, and you save the same money you would pay in a monthly payment for your extended warranty you WILL have funds to cover repairs by the time your warranty expires. The overwhelming majority of people will not need the kind of repairs that will exceed the cost of an extended warranty during the warranty period.

If you do it my way you still have the money available when your extended warranty expires, so in a way you are getting an even longer warranty.
Sponsored

 
 




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