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      05-14-2019, 09:46 PM   #9
M6DYS's Avatar

Drives: BMW M6
Join Date: Feb 2019
Location: USA

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Originally Posted by Superfluous View Post
So I've been thinking about this a lot. I may live to regret this, but I think longterm you would save money by never buying extending warranties and playing the odds. After all, the extended warranties are meant to make money...
I agree with you for the most part. Sometimes it is necessary to get a warranty. For example, If you buy a Mercedes, Audi, Acura, Infinity, etc. :-) But seriously, if youíre buying a used vehicle for a whole lot of money. And you believe that it may have some mechanical issues in the near future, then it is good to get the extended warranty. If youíre planning on keeping your vehicle for a long time and you arenít planning on adding more than 15k-20k miles a year, it may be worth the additional warranty.

I have owned many brand new vehicles over the years and have never once needed the warranty services while it existed. But, once the warranty expired BANG!!! I needed it. Go figure. :-)