Extended warranty advice
#16
When considering any insurance remember the insurance company is in the business to make money for themselves, not as a benefit for you.
I believe I've saved many thousands of dollars by not buying extended car insurance. Shop around, but the best car in the class you want, and don't let yourself be a profit center for some insurance company.
Do people have catastrophic experiences that are covered by the insurance? Absolutely. But long term, I believe extended car insurance is a scam of the highest proportions. And I've got 110,000 miles on my LX.
I believe I've saved many thousands of dollars by not buying extended car insurance. Shop around, but the best car in the class you want, and don't let yourself be a profit center for some insurance company.
Do people have catastrophic experiences that are covered by the insurance? Absolutely. But long term, I believe extended car insurance is a scam of the highest proportions. And I've got 110,000 miles on my LX.
#17
When considering any insurance remember the insurance company is in the business to make money for themselves, not as a benefit for you.
I believe I've saved many thousands of dollars by not buying extended car insurance. Shop around, but the best car in the class you want, and don't let yourself be a profit center for some insurance company.
Do people have catastrophic experiences that are covered by the insurance? Absolutely. But long term, I believe extended car insurance is a scam of the highest proportions. And I've got 110,000 miles on my LX.
I believe I've saved many thousands of dollars by not buying extended car insurance. Shop around, but the best car in the class you want, and don't let yourself be a profit center for some insurance company.
Do people have catastrophic experiences that are covered by the insurance? Absolutely. But long term, I believe extended car insurance is a scam of the highest proportions. And I've got 110,000 miles on my LX.
Last edited by DocT; 01-10-17 at 10:47 AM.
#18
Lexus Test Driver
When considering any insurance remember the insurance company is in the business to make money for themselves, not as a benefit for you.
I believe I've saved many thousands of dollars by not buying extended car insurance. Shop around, but the best car in the class you want, and don't let yourself be a profit center for some insurance company.
Do people have catastrophic experiences that are covered by the insurance? Absolutely. But long term, I believe extended car insurance is a scam of the highest proportions. And I've got 110,000 miles on my LX.
I believe I've saved many thousands of dollars by not buying extended car insurance. Shop around, but the best car in the class you want, and don't let yourself be a profit center for some insurance company.
Do people have catastrophic experiences that are covered by the insurance? Absolutely. But long term, I believe extended car insurance is a scam of the highest proportions. And I've got 110,000 miles on my LX.
That said, to each his own. I have an extended warranty on my Ford (it broke down to be $120/year) just because of that peace of mind. The LX is a beast, I just don't want to have a AHC leakage that runs $2500-$4k to repair in the next few years.
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