I didn't catch the beginning of this, but based on experience, don't buy an
aftermarket warranty (a dealership-sponsored warranty, like GM, is usually okay
because if they sell it, they'll service it, but probably not necessary).
1. Most repair shops have bad experiences with them and won't want to work
with you.
2. My brother bought one and right afterward, they dumped all existing
customers up to a month before he bought it (he was lucky, but all earlier
customers got screwed--he has yet to file a claim though).
3. I've been struggling for a year to get my warranty company to pay two
claims they pre-approved, and they won't. In the meantime their profits soared
3500% (gee, I wonder why?).
4. They make it as difficult as possible for you to get your car fixed
properly.
5. Things that break usually aren't covered.
YMMV
Adrian
---------- Original Message ----------------------------------
>
>> For what it's worth, Consumer Reports advises against them. You're
>> generally better off to take the money that you would spend on the extended
>> waranty and set it aside for a repair fund.
>>
>> If you can't afford to take care of the fixes and you NEED the car, it might
>be okay. For a hobby car you will probably pay more for insurance than you
>would spend without the insurance company to tell you what they will or won't
>pay for on your behalf.
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Adrian Barnes
Knoxville, TN
http://www.midgetweb.com
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