Easy care is a great company, but $4,700 is a lot of money, I don't care who you are. I'm guessing that price is with the standard $100 deductible for the Total Care? You can shave about $1000 off that price if you go with the $250 ded and another $500 if you go with the $500 ded. So for about $3k, you will have your 3 more years of coverage. Still not cheap, but if there is a major issue, you're covered.I am on the fence, 30 mile under 40,000 miles. I was quoted 4,700.00 from EasyCare. Anyone brought one that used it? I am leaning not buying it. Please give me your thoughts.
I'm sorry, but you are wrong here. The money you pay for a warranty has nothing to do with what you get back. It is basically group insurance. The premium you pay today, pays for claims that are out there today. They make money by selling more contracts today than the number of claims they will have today and so on. The cost of a warranty is based on the average risk of a repair and the average cost of a repair.Never buy an extended warrenty. It is a complete gamble and the odds are with the house.
Essentially extended warrenty companies charge a rate at which they know they will never have to fully pay back. If they didn't they couldn't stay in business.
So if you give them your cash then you are making monthly payments on repairs that you are likely to never need.
Off chance you do need major repairs----- good luck getting any extended warrenty company to pay out without a legal fuss.
You might as well take the cash to vegas.
Well, maybe it's a legitimate endorsement then. Still, I don't think it's a good deal.I just flipped through about 10 Motor Trend magazines and found no advertising for Easy Care...........
This is a great idea or put 1-2K in a bank account and add to it each month. Then use this money to fund any repairs.Put that 4700 in the bank.... you'll have it if you need it for a repair, and you won't have to fight with yourself to make a claim should need to do so
Really! Look at all the topics that require opinion and you will find them full of differing ones, that's what makes forums fun.I had hoped after reading this thread I'd have a clear direction as to whether I should purchase an extended warranty for my 07.
This is a great idea if you have the willpower to do it. Most of us realize that we are weak willed consumers and will always find other things to do with that "extra" money. If this wasn't the case I would not be buying a new Boxster S as that money would be far better invested in something other than a rapidly depreciating asset!!This is a great idea or put 1-2K in a bank account and add to it each month. Then use this money to fund any repairs.