Never buy an extended warranty!!!
When a product is made the manufacturer knows how long it is supposed to last. They only sell warranties that expire before the parts in the product will fail.
Some parts of course are defective and will fail within the warranty but by the laws of probability the warranty will be profitable for the manufacturer, which means it is a bad choice for the consumer.
Then there is also the fine print in the warranty that probably excludes most of the parts that have the highest probability of failing anyway.
Just say no.
2006-08-30 15:13:36
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answer #1
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answered by remmo16 4
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It depends - how long are you going to keep the vehicle? How many miles a year do you drive it? (It certainly wouldn't be wise to purchase a 5 year/50,000 mile extended warranty if you drive your vehicle 40,000 miles a year.)
It's extremely expensive to repair or replace some of the components on a new vehicle. If you plan on keeping the vehicle for an extended time period (past the basic warranty period or mileage limit), it's probably a good idea.
If you trade every three or four years, forget it.
It's kind of like life insurance - you bet the company you're going to die and collect, and the company is betting you're going to live and keep paying the premiums.
In this case, you're betting that the car will have a major component failure, and the company is betting that it won't.
2006-08-30 15:01:50
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answer #2
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answered by LeAnne 7
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not all injuries will ensue on a carfax record. in ordinary words injuries that were stated to the police or the peace of mind organization will ensue. apparently the broking service knew a thanks to seem for upkeep and observed that the motorized vehicle were repaired. The coincidence can not influence the guaranty. in the journey that they supply you with any crap about "having to be repaired through a qualified BMW broking service" this is garbage, do not trust it. this is unlawful to mandate who does upkeep for a guaranty to be valid. there is really of an "if" to that fact even with the undeniable fact that. in the journey that they offer the effect of being on the topics that we assume of could be lined through the guaranty and observe that they'd were damaged contained in the coincidence or via incorrect upkeep then the guaranty isn't to blame to fix them. If the guaranty isn't valid for some reason, extra probably via miles or the "in service" date than the coincidence even with the undeniable fact that it extremely would not remember why, if this is not valid for some reason and also you've workplace artwork from the broking service affirming the motorized vehicle is less than assure in writing then you truthfully've were given a case. The probably answer will be for the broking service to pay for a guaranty which could cover a similar issues that the producer assure would have lined for the era of time that you both concept the motorized vehicle had assure. If the motorized vehicle's not less than assure and also you've not something in writing then this is purely your be conscious as against the broking service's, if this is not in writing then it in no way befell.
2016-12-06 00:31:30
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answer #3
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answered by sehorn 3
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Because it is just another form on insurance and insurance is designed so that the most likely things to happen aren't covered or the coverage is so expensive that you've already paid for the repair. How else could they make any money on it? They're in business to suck your wallet dry, not do you favors.
2006-08-30 14:23:44
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answer #4
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answered by OzobTheMerciless 3
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Car dealers are like politicians.
Good idea in putting this under "politics". The mindless minions lap deals "up". I bet liberals take the sticker price without reservation. LOL
Like many politicians, they careless about the populace. Once you get the car (or social program), your stuck with it. (whether it is a disaster or not (social security))
2006-08-30 14:25:05
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answer #5
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answered by Anonymous
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Because the dealer is betting you won't make a claim (free money for the dealer) or you'll forget and pay for a covered repair (double charging for the dealer)
2006-08-30 14:26:01
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answer #6
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answered by Bullwinkle Moose 6
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Darn! I've been fooled many times with them!
2006-08-30 14:31:52
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answer #7
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answered by Anonymous
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I thought you were going to tell me.
2006-08-30 14:24:00
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answer #8
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answered by Anonymous
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most people live in fear.....the salesman plays on your fears, its easy
2006-08-30 14:23:56
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answer #9
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answered by Anonymous
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maybe because you don't read the warranty!
2006-08-30 14:21:59
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answer #10
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answered by Anonymous
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