Extended warranty is a gamble, just like full coverage insurance on a vehicle or home owners insurance.
You buy insurance so not to take a chance on something bad happening.
As I said above I've never purchased a extended warranty before now but there's been time's we wish we would have.
Daughters 2010 Equinox trans failed at 95000 miles but was 3 months over it's 10 year 100000 mile warranty, new trans was $3500.
Son's 2012 Arcadia's sun roof leaked shorting out the electrical system, out of warranty, $1600 to repair, 6 months later the floor was wet after a hard rain, he left it set till it had dried and traded the car off.
95000 miles on my 04 F-450 and out of warranty when the egr cooler busted destroying the engine. They wanted $12000 to install a new engine, cost me $5000 to convert it to Cummins power.
This 2018 F-150 is first year of port fuel injection, first year of ceramic sprayed cylinder walls, the 10 spd auto trans hasn't been in production every long.
This time I felt spending $2000 for extended warranty would be cheap insurance.
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Today's Featured Article - Tractor Profile: Silver King - by Staff. Silver King tractors were produced by the Fate-Root-Heath Company of Plymouth, Ohio. The company was founded by John Fate in 1884 and was originally called the "J.D. Fate Company". After several mergers over the years, the final company name of Fate-Root-Heath came about in 1919. The first tractor produced was actually called the "Plymouth" tractor and was powered by a 20 HP 4-cylinder engine with a 3x4" bore and stroke. The four speed transmission had a top speed of 25 mph! After more t
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