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Path: utzoo!watmath!watcgl!dmmartindale
From: dmmartindale@watcgl.UUCP (Dave Martindale)
Newsgroups: net.auto
Subject: Re: Extended car warranties
Message-ID: <2342@watcgl.UUCP>
Date: Fri, 30-Mar-84 01:26:35 EST
Article-I.D.: watcgl.2342
Posted: Fri Mar 30 01:26:35 1984
Date-Received: Fri, 30-Mar-84 03:43:02 EST
References: <1638@ut-sally.UUCP>
Organization: U of Waterloo, Ontario
Lines: 21

I got an extended warranty on my VW Rabbit, and it was a waste of
money.  The car is now nearly at the end of the warranty period, and
nothing covered by the warranty has broken yet.  The reason is that
many of the things that are likely to go wrong are simply not covered.
For example, the most serious occurence so far was that the boot
covering one of the constant-velocity joints developed a tear.  I
spotted it and had it fixed before the CV joint was damaged by water or
dirt getting in.  However, the warranty explicitly excludes anything
that goes wrong due to the failure of a seal or boot.

So if the alternator died or the camshaft broke or a variety of other
major disasters happened, the insurance would have been helpful (and
you might want to buy it for that reason), but it doesn't cover the
things that are most likely to happen.

For myself, I'd prefer to keep the several hundred dollars when I buy
the car, invest it, and bet that the things that break during the
extended warranty period can be fixed for less than the cost of the
warranty plus interest.

	Dave Martindale