Another aftermarket warranty question ...
My car is currently at 45K and the CPO expires in 6 months.
So far, on CPO, I have had almost 3K worth of coverage taken care of, and seeing how even lil leaks can cost so much in this car, I'm pretty much decided on an aftermarket warranty. After doing some research on the site about aftermarket warranty companies, I decided to go with Warranty Direct. It seems the best of the bad options. They'll fight you when it comes time for a brand new engine ( atleast in 1 case ), but for most of the other stuff, they seems to payout. Now my question is that why is it when I read other member's post, their price quotes seems to be in the 2K - 3K range for 48K miles, while WD quoted me almost 10K on their website!! 10K is just insane. There's no way I'm going to buy that. How did you guys get your quotes so low? Is there a third party `reseller` that I should be going to? |
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:cheers: |
Maybe they now have warranty payout experience that
says that they will have to pay out on average $2k for that length of warranty on that car. Since extended warranty companies only pay out 20% of what they charge (on average) the $10k figure is easily derived.
If you gave WD your email address, when you don't buy they will feed you a slightly discounted quote as a special deal in a few weeks. Don't ever take their first quote. |
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