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Comments
We shall see - Clearly I don't need a new car as I only have 42,000 miles on my car now, should easily be good for another 60,000 miles. But need and want are two different things.
2024 Genesis G90 Super-Charger
Very nice drive home. I'll be needing the Sirius drill. Have a three month trial. Didn't use it on the way home.
I'm gonna take a poll here. It is unlike me to buy extended warranties but with frame of mind of what's happened with the 6 I bit at the second price. Then I find it's third party - Allstate. Mazda doesn't offer beyond 7 years, 100k drivetrain. The number is $1,200 which comes out to $20 a month. I have the option of cancelling and really weighing that. Opinions?
2024 Genesis G90 Super-Charger
My thought is I got something I didn't want because of what happened to the 6 but I'm really expecting no such thing.
I'm leaning toward cancel but am open to opinions.
What do I do now? Let the service expire? They did not seem interested in signing me up. My traffic and weather services are good for another 30 months - I just won't have satellite radio. I have my iPhone with 300+ tracks on it and we have 22 FM HD stations down here. So I guess it's goodbye Sirius!
2024 Genesis G90 Super-Charger
oh, you need to fix your signature still. unless you went 18,000 years into the future!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
just keep it going. you should get some letters with offers (and of course, emails). they kept pushing me to extend. $20 for IIRC 5 months, but I got $69 (I think) to go out 9 months to finish the first year.
will see at the end what I do with it. May just merge it onto my other account, since a 2nd radio is cheaper.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
You are only feeding where I'm already leaning. Better I put the money away and see if there's anything the warranty would cover that happens.
My theory is the original owner just mad 20K . Not enough time to screw it up.
Regarding extended warranty on the CPO Mazda, many people get them and feel good about it. Myself, I figure if I bought a good car with good reliability the odds are heavily in my favor that it's unnecessary. The only cars I ever owned that had poor reliability were a Ford Fiesta and a Plymouth Voyager, both zillions of years ago. Maybe I've just been lucky, but I do think today's cars hold up much better than those of yesteryear.
'24 Chevy Blazer EV 2LT
'24 Chevy Blazer EV 2LT
2018 430i Gran Coupe
'24 Chevy Blazer EV 2LT
Driver is able to justify almost any purchase!
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
My position on any kind of insurance is that it's only worth when a possible loss (and the payout) is disproportional to rest of the persons's wealth. Health insurance is necessary because scam-like pricing policies of healthcare providers (outlandish "off the rack" price followed by 90%+ "discount" to a "preferred provider" insurance company), property insurance covers loss of shelter and a leveraged asset (i.e. those who have a mortgage obviously can't pay it off just yet), liability insurance covers ones assets from possible grave consequences of their mistakes or bad luck. Or life insurance for those who need to maintain their livelihood to the surviving party, like stay-at-home wife with couple of children.
The difference between those and warranty is maximum payout and ratio such a payout to premium paid. It's totally different league. It's $50K-100 for total house destruction and rebuild vs. say $1000-$2000 premium per each year, 1-2 percent annually. $100K-$500 life insurance payout vs. $600-$1000/yr. premium, also couple of percent per year. $100K liability claim vs. $500/yr. premium (liability portion of car insurance), similar proportion. Now let's look at extended warranties - $5000, or even $10K engine job vs. $1000-2000 premium for a contract valid over 2-3 years. This makes it premium 5-10 percent of maximum likely payout (per year), triple, or quadruple of those above. In other words, buy it three-four of times and you might as well have bought yourself a new engine and transmission and put it in your garage "just in case". The wheel protection contracts sold at dealerships are even worse. Those often are such that a single contract is close to buying a spare wheel and putting it into storage - and who would do that?
Finally, the actual amount of money in the payout is also simply too small to insure. The loss is not catastrophic, unlike those mentioned before. Insurance should be reserved for catastrophic loss, IMHO.
The only justifiable situations for extended warranties are high end luxury cars with track record of being prone to failures. I'm sure the insurance companies would price that accordingly. However, the payouts may become "catastrophic". The argument against - if you feel wealthy enough for 60K car, you should be wealthy for 20K engine job (still rather unlikely). To me a five thousand dollar repair bill, much more likely, for some electrical gremlin, or else, is not "breathtaking", if I felt rich enough to own such a vehicle. But that's just me.
2018 430i Gran Coupe
Enjoy the Sirius, don't give in to getting it renewed at their first price. Hold out until they make it reasonable, or cancel and check their website specials every so often.
Extended warranty. That is a personal decision. Some people want the peace of mind of knowing the cost of repairs is capped. There are very few cases where I would buy an extended warranty because overall I will come out ahead without one. If Iwas buying a used MB, BMW, Audi I wouldn't buy the car without an extended warranty. Repair costs could be astronomical.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
We lost out a couple of times... the Mustang and Pilot... when we bought a warranty along with the car purchase and then didn't keep the vehicles long enough to realize any benefit. Got refunds on both, but not full refunds. I got the lifetime warranty on her new van just because the only reason we even traded in her old van was all the problems we were having that this warranty will now cover. I didn't get one on the Caddy since I don't anticipate keeping it past warranty period. If I decided later I will keep it (likely because the depreciation is so steep and I'll be buried in it), then I'll get one.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
Has locking wheel hubs but not the key to unlock it.
Brought all evidence of the 6 to the mechanic. Best off he has is $650 from a body shop for parts. I feel like an organ donor.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Having issues. Will get the side later.
My buddy had a serpentine belt snap on his Mercedes E 320 and his local dealer charged him over 4800.00 to fix all of the damage it caused. Xenon headlight bulbs were 320.00 each to replace and then a few months later the xenon unit failed completely. The dealer told him it would be 2500.00 to replace the unit or for the same money they could convert it to a standard system. He had it converted.
Still, he loves the car!
2024 Genesis G90 Super-Charger
2024 Genesis G90 Super-Charger
2024 Genesis G90 Super-Charger
He calmly told me as I approached a stop sign about a woman in her mid to late 40s who came in to test drive a previous generation ///M3 Coupe. She told me it had to be a stick. That was her only requirement. He said she waited until the redline to up shift every single time, rotated the car around corners, double clutched on every downshift, and even used the hand brake to slide the car into and out of an S Curve. She wasn't driving recklessly, but calculated every move she made. He said he came very close to soiling himself. He asked her where she learned to drive like that. She told him her father was a race car driver way back when and this is how she learned to drive. She ended up buying a Shelby GT500 Mustang.
He also told me about a sales guy who took a Porsche Cayenne Turbo out with a customer who was just driving way too fast. The customer lost control of the car, spun out, and hit a guard rail causing $15,000 worth of damage. He said the customer wrote a check to repair the car and the guard rail. The salesman was sent home and not allowed to work for an entire week.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
It should be thought of as insurance. You probably won't come out ahead, but you do get some protection against paying huge repair bills if your car is problematic (a lemon).
If it makes you sleep better at night it is worth the price. If it is a 3rd party warranty the company should be researched before signing......some of these companies go out of business or don't pay up very easily.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2024 Genesis G90 Super-Charger
Here's the side view -
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
If you didn't pay for the warranty up front, you borrowed the money. I can see why you don't get the money back in cash. It would have to be a separately recorded transaction.
Do you name your cars?
I'm sure abacomike names his Monday, Tuesday, etc...
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
I don't think he should buy it for this car, but for some people in some cases it might be worthwhile.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
2018 430i Gran Coupe
2024 Genesis G90 Super-Charger
Met my daughter at the Ford dealer and got her into a 2015 Fusion.
Went back to the field, mowed the infield, dragged it, and put down the foul lines and batters boxes.
That is all.
2025 Forester Limited, 2024 Subaru Legacy Sport
I got their early so I took my car in for a free courtesy wash, while waiting for my wife.
Everything went well, quite a few signatures becuase of the 3 months of payments MB is paying for.
Then a quick run through of the car.
It feels very solid when driving it. It is fast too with 330 hp engine same as the E400
Daughter decided to get a GLK too. Safety and economy were her two main wants. Dino was a big help explaining the 5 Star Rating didn't mean a whole lot. She thought it did.
That lead her to find out whether it was safer if you were in an accident to be in an SUV or a car. She found that twice as many people die in accidents if they are in a car, rather than an SUV. Originally she wanted a car because she was tired of SUVs and this gives her 3 in the family, and one old 20+ year old Volvo.
I wouldn't let that influence me, I'd get what I want to drive. The accident report reports on accidents. It doesn't measure maneuverability....like being able to avoid accident by way of superior handling.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250