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Extended Warranties - need advise

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Old 01-21-10, 07:20 AM
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Vladyxa
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Default Extended Warranties - need advise

Hi All!

Recently I bought 2002 LX470 with 90K miles on it.

Do I need to think about getting extended warranty?

Any advise on what to look for, and may be someone can recommend company that sells them. Or companies to avoid.

Thank you.
Old 01-21-10, 09:28 AM
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mitsuguy
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I've never dealt with one that was easy to deal with... my only advice if you choose to pursue that route is to read the fine print...

Honestly, I think you are better off taking whatever it would cost and putting it into an account of some sort that earns at least a little interest... don't touch the money unless you have a repair that needs to be made... I'm not talking maintenance, (like spark plugs, oil changes, etc), but outright repairs...

I can't think of any big money repairs that could need to be done on that vehicle over the course of the warranty lifespan that would cost more than the warranty itself...
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