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SVTPerformance's Chain of Restaurants
Road Side Pub
New Explorer, purchase Extended Service plan?
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<blockquote data-quote="SHOdown220" data-source="post: 16596516" data-attributes="member: 39652"><p>While I agree that it is a money maker for the dealer a lot of them do get used. Trust me I work with them every day. While there is a small chance someone will actually use their warranty enough to cover the cost of said warranty, it does happen, probably more frequently than you think. I just did an odyssey the other day customer paid $2400 for an 8 year platinum warranty, I didn't look into how many other repairs they had done under that warranty but their ticket with me was $2293. They had a $0 deductible and walked away with a signature.</p><p></p><p> That's not the only factor though, newer vehicles are getting expensive as hell to repair, and a lot of people wouldn't be able to afford an unexpected $1000-1500 repair while they are still making payments on said car. Most of them can afford a few extra bucks a month built in to their car payment though. I'm not saying its the right way people should be handling their finances but it seems to be the norm these days unfortunately. Hell take a honda civic for example, you think people buying a honda civic are rolling in the dough? Probably not. I had to replace at least 15 a/c compressor last summer on these and those damn things are something like $2100 for compressor and evac/recharge.</p></blockquote><p></p>
[QUOTE="SHOdown220, post: 16596516, member: 39652"] While I agree that it is a money maker for the dealer a lot of them do get used. Trust me I work with them every day. While there is a small chance someone will actually use their warranty enough to cover the cost of said warranty, it does happen, probably more frequently than you think. I just did an odyssey the other day customer paid $2400 for an 8 year platinum warranty, I didn't look into how many other repairs they had done under that warranty but their ticket with me was $2293. They had a $0 deductible and walked away with a signature. That's not the only factor though, newer vehicles are getting expensive as hell to repair, and a lot of people wouldn't be able to afford an unexpected $1000-1500 repair while they are still making payments on said car. Most of them can afford a few extra bucks a month built in to their car payment though. I'm not saying its the right way people should be handling their finances but it seems to be the norm these days unfortunately. Hell take a honda civic for example, you think people buying a honda civic are rolling in the dough? Probably not. I had to replace at least 15 a/c compressor last summer on these and those damn things are something like $2100 for compressor and evac/recharge. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
New Explorer, purchase Extended Service plan?
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