Most dealers don't cover the extended warranty themselves - it's basically an insurance policy. The insurance company is spreading the risk among many customers, most of whom will not use it.
On Thu, Jun 16, 2022 at 1:59 PM Andrew Strasfogel via Mercedes < mercedes@okiebenz.com> wrote: > Great story, although I predict that dealer will be out of business by the > end of the year. > > On Thu, Jun 16, 2022 at 2:53 PM Donald Snook via Mercedes < > mercedes@okiebenz.com> wrote: > > > I imagine most people on here wouldn’t buy an extended warranty. And I > > have never bought one before. But, back in September I decided I needed > an > > SUV. We went on a family vacation and taking the dog, kids, stuff, etc > we > > didn’t have much room in my car. > > > > I bought a 2014 Lexus GX 460. It’s not the biggest SUV, but it is still > > full size and three rows. I bought it with only 39,000 miles from the > > local BMW dealer. They offered to sell me an extended warranty and I > > immediately said no. Then, I wondered what crazy number they were going > to > > quote me. They said $2000 for 4 years and 48,000 miles — on top of the > > miles it already had. I started thinking with an 8 year old vehicle > things > > like an alternator or a starter or power window motors are going to fail. > > None of those are outrageous, but a few repairs here and there and it’s > not > > hard to get to $2000. This is the zero deductible top of the line > coverage. > > > > I got an oil change last week and they called me and said the timing > cover > > is leaking oil and said $3000 to fix. BUT, I had the warranty. They > > covered it. I watched the video on how to do it. ALL the stuff in front > has > > to come off. It’s a huge job. > > > > I picked up my car at lunch and it’s all done and it cost me nothing. I > > only mention this because it is so rare that a car extended warranty > (other > > than CPO) actually works out. > > > > Donald H. Snook > > > > > > _______________________________________ > > http://www.okiebenz.com > > > > To search list archives http://www.okiebenz.com/archive/ > > > > To Unsubscribe or change delivery options go to: > > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > -- OK Don "Whenever you find yourself on the side of the majority, it is time to pause and reflect." Mark Twain “Basic research is what I’m doing when I don’t know what I am doing.” Wernher Von Braun 2013 F150, 18 mpg 2017 Subaru Legacy, 30 mpg 1957 C182A, 12 mpg - but at 150 mph! _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
