Extended Warranty

Extended warranties are high profit items to be avoided. Don't forget you have 5 years/50,000 mile warranty on drive train. Frank

Not only that, it's not even an accurate name.

It's Repair INSURANCE. So it has deductables, rules, preferred providers, etc. Read the fine print carefully, it may not cover the same stuff that a standard warranty does.

Usually you can tell it's a ripoff if you don't expect repairs in excess of the fee in half the time.

But since they are pushed hard, assume they are high profit items and not good for the consumer.

The real expensive things seem to go after the 60k warranty is up. I never bought and extended warranty myself until my 04 OBW. So far I had to pay $100 ded. to repalce a front strut and alignment. Total cost if I paid would probably be ~300. So now my warranty cost me $800. If the trans or big$$$ part goes it will pay for itself. The X always buys one and gets her money worth many times over. Go with the subaru advantage gold.

Frank Logullo wrote:

forget you

So if we have that plan now (which we do) on the 1999 OBW Legacy, and it expires this December, can we renew it? I'm debating whether we should bother, but I must admit that it's paid for itself. We paid under $400 for it almost 3 yrs ago and have gotten more than $1,000 of repairs (I can't be bothered to go to the file cabinet and tally up the repairs, but they included a fuel pump sensor and head gasket), so any thoughts as to whether we should extend it would be welcome.

Geico used to have an interesting plan that was tied to mileage REGARDLESS of how many years it took to get there. Kinda interesting. I've read that most 'extended warranties' earn about 50% profit - so beware.

Carl

Emmett Galsworthy wrote:

My last 4 new vehicles have not had a major problem and I drove three to over 125,000 miles and my 2000 Forester has 86,000 miles to date. I always put the dollars I would spend in a separate interest bearing account like a CD. I figure I'm about 5,600 dollars ahead by now including interest. However if your one who is lax on maintaince and drives hard (not abusive or the warranty will be voided) and have a history of having major problem then go for it. Subaru does have a