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Old 07-19-2013, 07:58 PM   #21 (permalink)
Cbtech
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Quote:
Originally Posted by Chuck33079 View Post
Both types of people are fine in my book as long as they're not paying 5% interest on that warranty they might never use. Most people trade cars every 3-5 years, still within the factory warranty period. The extended warranty money and interest just get pissed away. We don't get an accurate view of the average buyer here since enthusiasts tend to be a little better educated on the cars and the buying process. There are a lot of people who buy the warranty, finance it and ditch the car within the factory warranty for the trifecta of financial stupidity.
Yeah that is a dumb thing to do. Most legitimate warranty companies will actually refund your money if you a sell before the extended warranty is up.

Sent from my Palm Pilot circa 1997...
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