Warranty's...buy or pass on the purchase

huntinfool30040
0

Asked by huntinfool30040 Jan 16, 2013 at 08:01 AM about the 2012 Land Rover LR2 Base

Question type: Maintenance & Repair

Looking at buying Land Rover LR2 with 5,432 miles that was used as the dealerships loner vehicle.  Should I buy an extended warranty?

2 Answers

tenspeed
68,305

Extended warranties can be tricky. You are gambling on the company paying for your repair if needed. It does provide some peace of mind, Carefully check the areas covered and how well established the company is. Some companies declare bankruptcy and leave policy holder holding worthless paper.

Tom Demyan
136,745

I don't get them personally, but since your vehicle is on the more expensive end, I'd see if you can get the dealership to pay for it upon purchase. If not, then you might consider passing on it. Put that money aside in a bank account and use it when you have some repairs.

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