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chilltocam
LIF Adult
Member since 11/11 9141 total posts
Name:
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New car - extended warranty?
I am purchasing a new car this week and wondering if "everyone" gets the extended warranty? If you did get one, would you mind sharing how much it cost and if you think it was worth it? (you an pm me if you want)
Thanks
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Posted 9/29/20 9:32 AM  |
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angelicd77
LIF Adolescent
Member since 12/13 794 total posts
Name:
Kim
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New car - extended warranty?
If you are planning on keeping the car for a long period of time, yes its worth it. If you are going to get rid of it before the factory warranty is up, I wouldn't. They are expensive and the prices are manufacturer/product specific.
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| Posted 9/29/20 12:47 PM |
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New car - extended warranty?
I got one when I got my CRV. I think it was for 8 years/ 80k miles I believe it was $3800
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| Posted 9/29/20 6:19 PM |
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hmm
Sweet
Member since 1/14 7983 total posts
Name:
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New car - extended warranty?
always bought my cars new and kept over 12 years an never bought an extended warranty
Congratulations!!! drive it in good health.
Message edited 9/29/2020 6:36:07 PM.
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| Posted 9/29/20 6:35 PM |
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pumpkinmom
LIF Adult
Member since 5/12 2911 total posts
Name:
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New car - extended warranty?
I didn't. The finance guy will really try to sell you on it. They'll tell you it's a "no-brainer", etc. I would guess a lot of people don't buy it because it's expensive.
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| Posted 9/29/20 8:08 PM |
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PhyllisNJoe
My Box Is Broken
Member since 6/11 9145 total posts
Name:
Phyllis
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Re: New car - extended warranty?
Yes. I kept my jeep for 9 years and it came in handy as it approached 70,000+ miles.
DH gets it on his as well because of the amount of driving he does and mileage piles on real quick - plus he always gets upgraded electronics that can go a t any point. Warranty comes in handy if you drive a lot and plan on keeping the car for a long time. Spread out over the loan, the extra warranty isn’t a killer
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| Posted 9/29/20 8:52 PM |
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lmcmcl
LIF Toddler
Member since 2/15 483 total posts
Name:
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New car - extended warranty?
I got one on a GM car years ago, and it really paid for itself. I had so many issues with that car. I moved on from GM with my next car. Although DH and I discussed not getting it on my next new car 11 years ago (which had very good reliability- so we thought we didn't need it) we were "talked" into it . Still have that Honda and never used the warranty. Needless to say, I did not take it out on my next new Honda.
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| Posted 9/30/20 10:58 AM |
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hmm
Sweet
Member since 1/14 7983 total posts
Name:
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New car - extended warranty?
sadly I think it depends on the maker of the car
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| Posted 9/30/20 9:00 PM |
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chilltocam
LIF Adult
Member since 11/11 9141 total posts
Name:
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Re: New car - extended warranty?
Posted by hmm
sadly I think it depends on the maker of the car
It's a Lexus. Comes with a 4yr/ 50K warranty. So I think I'm leaning towards not getting it. If I took the money it would cost and just kept it in a "car repair" fund, I think I'd be better off
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| Posted 10/1/20 9:40 AM |
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lmcmcl
LIF Toddler
Member since 2/15 483 total posts
Name:
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Re: New car - extended warranty?
Posted by chilltocam
Posted by hmm
sadly I think it depends on the maker of the car
It's a Lexus. Comes with a 4yr/ 50K warranty. So I think I'm leaning towards not getting it. If I took the money it would cost and just kept it in a "car repair" fund, I think I'd be better off
That's what I would do!
Good Luck with your new car!
Message edited 10/1/2020 10:57:29 AM.
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| Posted 10/1/20 10:57 AM |
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chilltocam
LIF Adult
Member since 11/11 9141 total posts
Name:
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Re: New car - extended warranty?
Posted by lmcmcl
Posted by chilltocam
Posted by hmm
sadly I think it depends on the maker of the car
It's a Lexus. Comes with a 4yr/ 50K warranty. So I think I'm leaning towards not getting it. If I took the money it would cost and just kept it in a "car repair" fund, I think I'd be better off
That's what I would do!
Good Luck with your new car!
Thanks! 
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| Posted 10/1/20 3:13 PM |
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NYCGirl80
I love my kiddies!
Member since 5/11 10413 total posts
Name:
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Re: New car - extended warranty?
Nope! I've bought all my cars and never bought the extended warranty, nor have I ever wished I had it.
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| Posted 10/6/20 2:58 PM |
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seaside
LIF Adult
Member since 6/08 3101 total posts
Name:
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Re: New car - extended warranty?
Congratulations; enjoy it! We have never purchased the warranty either.
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| Posted 10/6/20 4:10 PM |
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jellybean78
:)
Member since 8/06 13103 total posts
Name:
Mommy
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Re: New car - extended warranty?
Posted by hmm
sadly I think it depends on the maker of the car
This. I did for my Subaru. Unfortunately I used it quite a bit so for me it was worth it and I'm glad I did
I recently got a Honda and did not get an extended warranty.
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| Posted 10/6/20 9:18 PM |
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jellybean78
:)
Member since 8/06 13103 total posts
Name:
Mommy
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Re: New car - extended warranty?
Posted by chilltocam
Posted by hmm
sadly I think it depends on the maker of the car
It's a Lexus. Comes with a 4yr/ 50K warranty. So I think I'm leaning towards not getting it. If I took the money it would cost and just kept it in a "car repair" fund, I think I'd be better off
Great move. Lexus seems to be pretty reliable so I wouldn't have bought it either. Congrats on your new car!
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| Posted 10/6/20 9:19 PM |
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