February 19th, 2009 | |
Posted in General
I don’t know about you but I have and love the warranty on my car. I used to own a 2006 Toyota Corolla, which I had decided not to purchase a warranty on. Needless to say, I had a total of two checkups performed on it in between the time that I owned it and the time that I purchased my new vehicle and it cost me a total of $160, which is around a quarter of the cost if I would have purchased the warranty.
In April of 2007, I purchased and paid in full what I own now, which is a 2007 Chevrolet Cobalt. And guess what? I bought the warranty. I had decided that vehicle warranty companies aren’t really schemers after all. I mean sure they ask you to pay a large amount up front, but the problem you have down the road if you don’t have a warranty is trying to pay for the outrageous amount of a “5-point checkup” or whatever the run of the mill at the time is calling their ultimate inspection. Needless to say that inspection could cost $80+ depending on the company you’re going through.
So now I make it a point to promote to whoever is thinking about purchasing a car, to purchase the warranty. So make sure that you not only purchase your warranty, but your extended warranty after the original warranty ends as well. Because although you may not need it now, you will eventually end up using it. I know I use mine ALL the time.