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126 Posts
Well, I always buy the extended warranty, and for the past 15 years I have always saved money by doing so. I buy the one for the longest time/distance coverage that is offered. In the case of our Prius, that is 7 years, 100,000 miles. I paid $996 for this warranty.
The last one I bought before this one was for a Lexus SC300. It also cost around $1,000 and covered the car for 8 years, 100,000 miles. With this one, however, I saved well over $13,000 in repair costs, as the Lexus was the worst car that I ever had. It was with a great deal of doubt and trepidation that I bought another Toyota product.
I have already been ridiculed on this web site by hyperion for having bought the extended warranty. Nonetheless, I think it is a good idea, and they have always saved me money.
The last one I bought before this one was for a Lexus SC300. It also cost around $1,000 and covered the car for 8 years, 100,000 miles. With this one, however, I saved well over $13,000 in repair costs, as the Lexus was the worst car that I ever had. It was with a great deal of doubt and trepidation that I bought another Toyota product.
I have already been ridiculed on this web site by hyperion for having bought the extended warranty. Nonetheless, I think it is a good idea, and they have always saved me money.