Should I get the extended warranty?

[YarisSedan]

To me the money seems a waste. Theres not much to go wrong. And if anything did go wrong i dont see it exceeding 1200 dollars. So that money would be better sitting in a bank accumilating interested and if something did go wrong out of warrenty then you have it there for any of the needed repairs.

There are so many loopholes when it comes to warrenty claims too. I hear so many people say well what did i buy warrenty for if this or this is not covered when it comes down to the time when you actually need it.

[Alien Mantis]

Originally Posted by YarisSedan

To me the money seems a waste. Theres not much to go wrong. And if anything did go wrong i dont see it exceeding 1200 dollars. So that money would be better sitting in a bank accumilating interested and if something did go wrong out of warrenty then you have it there for any of the needed repairs.

There are so many loopholes when it comes to warrenty claims too. I hear so many people say well what did i buy warrenty for if this or this is not covered when it comes down to the time when you actually need it.

When I got my Platinum warranty with my `08 Yaris, I got paperwork in writing saying everything the warranty covered. And it was a comprehensive list.

The parts alone for the A/C system would be over $1,200.

The COMPUTER for the Yaris is mounted in the engine compartment.
If it ever died, ( living in that HOT environment ), I'll bet a new computer would be close to the warranty amount as well.

Most of the main powertrain will live a long time, Toyota is known for that.
But you could lose an electric fuel pump, the computer, A/C compressor could lock up, ABS could start throwing codes, Alternator could die, the ELECTRIC assist power steering might have a problem, you just never know.

You buy the extended warranty for peace-of-mind.

On a "previously-owned" vehicle, I would DEFINITELY look seriously at an extended warranty.
You never know how someone else might have treated that vehicle.
People TEAR STUFF UP just by their own stupid habits.

I have been treating my Yaris like a fragile little egg.
I want it to outlive ME.

My Yaris is a 2008, and I only have 3,500 miles on it.
It's like it was the day I drove it home from the dealership in San Diego.
( Except it has a way better stereo in it now! )