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Posted by newsgroups.comcast.net on March 18, 2007, 9:15 am
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Usually, I reject extended warranties on principle. I figure they know
their product and its failure modes better than I and have calculated the
statistics in their favor.
However, when we bought our 2007 Prius, we bought the 7-year 75Kmile
extended warranty. There are just too many computers and funky systems, that
I do not expect to be able to diagnose or fix myself.
Our dealer offered us an extended warranty which will refund the $1500 at
the end of the 7 years if we never use it. So, if we have a little cheap
problem, we'll just pay to fix it. But if we have an expensive problem, like
a failed computer, we'll use the warranty.
--
-RL
> Well I just bought a 2007 NL and I'm faced with the decision on the
> extended warrantee(Platinum?).
> The factory warrantee seems pretty good and comprehensive and while I
> generally reject extended warrantee's as nearly pure profit, I do tend to
> buy extended drivetrain/systems warrantee.
>
> SO, in the face of a generous standard warrantee and a $1625 fee, what
> have you done? Yes I know it's a personal opinion but still I'd appreciate
> any opinion.
>
> thanks.
>
> PS - Can't wait to pick up my new hybrid! (and I as so amazed at the deal
> they gave me - over 10% off MSRP - I don't know what's typical now but I
> know they were getting sticker in my area just last fall)
>
> PPS should I buy Lojack or the GPS alternative (forgto the name, sounds
> better'n Lojack)? does anyone steal these 'beauties'?
>
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