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Re: Are Extended Warranties Worth It?
Now this kinda depends on many factors:
One being do you intend on keeping this car after its paid for?
Two what type of extended warranty are you speaking of?
Three, not all warranty's are created equal.
I've had Non-Manufacturer warranties on cars past and they require many Hoops be jumped thru for any covered repair, meaning that if you water pump need replacing they have to have a rep. visit the dealer and sign-off on the fact that said, part is in deed bad and is covered under the terms of their contract and then you car can be fixed, which usually takes days longer than if you had a manufacturers warranty, which would be fixed without question usually.
Type, for instance Dodge/Chrysler/Jeep now offers a Full Wrap extended warranties in levels of coverage, that for the LIFE of the car, along with their Lifetime Drivetrain, ONLY to the Original Purchaser of the vehicle and at the Time of Purchase only, you can add the Wrap coverage and the car is basically covered Bumper to Bumper with all systems, outside of wear items, for as long as you own the car. Just added that to a new Sahara 4dr i got the wife, with Nav/ Electric windows (1st for a wrangler). So i figured the cost for a replacement nav would be worth the peace of mind. Yet you have to add the Coverage at purchase time.
There are differences, but if money is the concern, the brands play a part in durability and quality.
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