Quote:
Originally Posted by ZackMorris
im honestly not sure. my dad about killed me when i told him i got an extended warranty from the dealership. I know what its like to have an unexpected problem with a car and how much of an inconvenience it is so i did it in hopes of protecting my *** due to some sort of issue. especially after reading all the threads about problems these cars have before buying.
think it was a stupid idea?
ive never kept a car a full 7 years
id like to think this will be the first but im not sure
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You would have been better off with a savings account. Unfortunately, your dad was right. You're paying interest on an extended warranty. You should be sure about what you pay for things going forward. Give the warranty company a call and see what your options are for getting out of it. From the numbers you gave, you spent 13.9% of the purchase price of the car on an extended warranty.