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Interesting article on extended warranties

Discussion in 'General Tundra Discussion' started by War Machine, May 29, 2019.

  1. May 29, 2019 at 1:18 PM
    #1
    War Machine

    War Machine [OP] SSEM # 5 3MW

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    https://www.consumerreports.org/extended-warranties/extended-car-warranties-an-expensive-gamble/

    “Conversely, owners of Hondas, Subarus, and Toyotas—perennially high-ranking brands for reliability—were among the least satisfied overall with their extended warranties. They were also far less likely to have used them, compared with owners of most other brands’ models. Just 39 percent of Honda and Toyota owners reported having used their coverage, followed by only 36 percent of Subaru owners. Not surprisingly, owners of those brands were among the least likely to say they’d definitely purchase the coverage again; less than a quarter of policyholders for each make said they would do so. “100,000 miles came and went, and the car never needed any repairs other than regular maintenance. What a waste! I will never buy another extended warranty for a car,” said Honda Civic owner”
     
    porkitt and Sas like this.

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