Toyota Extra Care Extended Warranty - Toyota Yaris Forums

roxy1 · 06-11-2009, 12:45 PM

"So while there are certainly plently of people that purchase the plan and never need to use it....that's made up for by the people that have claims costing 4-5 times the cost of the warranty."

exactly. most people either wont use it, or will use it but never claim enough to make up for what they paid in the first place. its just another add on that often takes advantage of inexperienced buyers.

a good idea for anyone with a loan if you have $745 to spend. make that payment on your car (or borrow that much less in the first place). you will save a fair amount of interest and you will shorten the maturity date of your loan. it is very likely you"ll save more doing this than what you will have to spend on repairs. then, if you dont have significant repairs, its just a bunch of money saved.

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06-11-2009, 12:45 PM	#18
roxy1 Drives: 2014 yaris 5 speed Join Date: Aug 2006 Location: michigan Posts: 642	"So while there are certainly plently of people that purchase the plan and never need to use it....that's made up for by the people that have claims costing 4-5 times the cost of the warranty." exactly. most people either wont use it, or will use it but never claim enough to make up for what they paid in the first place. its just another add on that often takes advantage of inexperienced buyers. a good idea for anyone with a loan if you have $745 to spend. make that payment on your car (or borrow that much less in the first place). you will save a fair amount of interest and you will shorten the maturity date of your loan. it is very likely you"ll save more doing this than what you will have to spend on repairs. then, if you dont have significant repairs, its just a bunch of money saved.