Last post on Jan 20, 2005 at 10:19 AM
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Volkswagen Jetta, Honda Civic, Diesel, Hybrid Cars, Wagon
#454 of 457 Re: Problem is, it happens OVER and OVER with old cars. [larsb]
Jan 20, 2005 (9:57 am)
It's far more financially sound to pay $1500 for an extended warranty on a new car once every four years and let the warranty company pay for your repairs !!
I know that is current wisdom and the car companies love it. Can you ever get ahead that way to where a $4000 engine repair is not a drain on your budget?
#455 of 457 Re: Problem is, it happens OVER and OVER with old cars. [larsb]
Jan 20, 2005 (10:02 am)
Owning a car (whether rich or poor) does not change much the fact that cars require "care and feeding". (so to speak) Lots of things can happen to any car that is not covered by warranties, either oem or extended.
So like in the case of the TLC, a radiator (600)repair actually happened closer to the 250,000 mile mark than in the mile mark that would be covered (in almost all) under extended warranties. So using your example, I would have paid 1500 dollars for the extended warranty and still would have had to pay for the radiator repair.
#456 of 457 Re: Only overly stubborn people go for high miles. [03accordman]
Jan 20, 2005 (10:05 am)
Pleas check the edmunds forums for cars with highest mileage and check how many Hondas come up at the top.
Please link that thread, I would be interested. The only older Honda's (Mid 1980s)I see are the CRX which I must admit is a classic. One of my favorites.
#457 of 457 Off-topic - again.
Jan 20, 2005 (10:19 am)
Sorry - this discussion has been beaten to death. It is clear from the inability to stay on-topic that this discussion has run its course. It will now be closing.