When is it worth purchasing an extended warranty on a used vehicle?

Is it ever worth purchasing an extended warranty on a used vehicle
that is relatively reliable (toyota, honda, etc.)?

On Mar 18, 9:40*pm, wrote:
> Is it ever worth purchasing an extended warranty on a used vehicle
> that is relatively reliable (toyota, honda, etc.)?

I bought my 'Toyota Certified Used Vehicle' from Lithia Toyota in
Medford, Oregon. I also (first car buying experience, give me a
break..) was conned, er, talked into buying the 'extended warranty'
offered by Lithia.

Like a moron -- I bought it.

Since I drove a lot -- and it was a miles/years thing -- I went past
the piles in a pretty short amount of time. That was $2k down the
drain pretty fast.

The few issues I did have with the car, I caused myself by using way
to much injector cleaning thinking I was doing a good thing when I
wasn't. Also, since Lithia seems to employ morons in the service
department, it took them '10 hours' to diagnose and thankfully, that
10 hours x 95.00/hr was covered under the warranty and the replacement
of the cracked/dirty injector was as well. They told me that I should
feel thankful I had the warranty because had I not, I guess they
really thought I would have paid $1000 just to DIAGNOSE a bad
injector. Ray O can chime in but that just seems absurd....

In an ideal world, a dealer wouldn't possibly think $1000 to diagnose
a vehicle is sane -- but Lithia can and does.

Anyway, I wouldn't recommend it. I wish I hadn't purchased it on
mine.

(2002 Toyota Corolla, CE purchased with 62,000 miles -- 144k strong
today!)

If the vehicle has a lot of bells and whistles it might be worth
considering an extended warranty.

My last car was a Ford and the warranty just about paid for itself in
repairs.

I just purchased a Honda with Navigation and a few other options. I did get
the extended warranty, but I debate every day if it was worth the extra cost
because of Honda reliability.

However, the 99 Accord I had purchased used had the ECM fail and the
warranty paid for it.

Consumer Reports usually votes against them.
> wrote in message
...
Is it ever worth purchasing an extended warranty on a used vehicle
that is relatively reliable (toyota, honda, etc.)?

trailer wrote:
<SNIP>
> However, the 99 Accord I had purchased used had the ECM fail and the
> warranty paid for it.
>
======================

WOW, you should have run out and bought a lottery ticket. A failed HONDA
ECM is about the rarest event on the planet. About the only way to wreck
one is from arc welding on the chassis or the windshield leaking water
through it for a while / total immersion.

http://www.tegger.com/hondafaq/faq_ii.html#changeecu

'Curly'

On Mar 19, 12:06*pm, "trailer" > wrote:
> If the vehicle has a lot of *bells and whistles it might be worth
> considering an extended warranty.
>
> My last car was a Ford and the warranty just about paid for itself in
> repairs.
>
> I just purchased a Honda with Navigation and a few other options. *I did get
> the extended warranty, but I debate every day if it was worth the extra cost
> because of Honda reliability.
>
> However, the 99 Accord I had purchased used had the ECM fail and the
> warranty paid for it.
>
> Consumer Reports usually votes against > wrote in message
>
> ...
> Is it ever worth purchasing an extended warranty on a used vehicle
> that is relatively reliable (toyota, honda, etc.)?

The last warranty I bought was a Nissan Stanza. Waste of money, never
used it.

Ron

On Mar 19, 9:06*am, "trailer" > wrote:
> If the vehicle has a lot of *bells and whistles it might be worth
> considering an extended warranty.
>
> My last car was a Ford and the warranty just about paid for itself in
> repairs.
>
> I just purchased a Honda with Navigation and a few other options. *I did get
> the extended warranty, but I debate every day if it was worth the extra cost
> because of Honda reliability.
>
> However, the 99 Accord I had purchased used had the ECM fail and the
> warranty paid for it.
>
> Consumer Reports usually votes against > wrote in message
>
> ...
> Is it ever worth purchasing an extended warranty on a used vehicle
> that is relatively reliable (toyota, honda, etc.)?

Lithia told me the ECU was thousands if it went bad. That convinced
me it might be worth it.

I've found ones for my 1ZZFE automatic for $50 on eBay that claim
they've been tested and work fine.

"ronbon" > wrote in message
...
On Mar 19, 12:06 pm, "trailer" > wrote:
> If the vehicle has a lot of bells and whistles it might be worth
> considering an extended warranty.
>
> My last car was a Ford and the warranty just about paid for itself in
> repairs.
>
> I just purchased a Honda with Navigation and a few other options. I did
> get
> the extended warranty, but I debate every day if it was worth the extra
> cost
> because of Honda reliability.
>
> However, the 99 Accord I had purchased used had the ECM fail and the
> warranty paid for it.
>
> Consumer Reports usually votes against > wrote
> in message
>
> ...
> Is it ever worth purchasing an extended warranty on a used vehicle
> that is relatively reliable (toyota, honda, etc.)?

The last warranty I bought was a Nissan Stanza. Waste of money, never
used it.

Ron

Have you used any of your life insurance policies yet??--waste of $$$ I
guess.

On Tue, 18 Mar 2008 21:40:25 -0700, techman41973 wrote:

> Is it ever worth purchasing an extended warranty on a used vehicle that is
> relatively reliable (toyota, honda, etc.)?

If you're buying a car and getting a Ceritfied Pre-Owned Toyota (has to be
CERTIFIED) the warranty is free...

Keep in mind that if you don't use the warranty, it might be refundable.
Never used this though.
> wrote in message
...
Is it ever worth purchasing an extended warranty on a used vehicle
that is relatively reliable (toyota, honda, etc.)?

"trailer" > wrote in message
news:kWfEj.6626$Nr1.6208@trnddc01...
> Keep in mind that if you don't use the warranty, it might be refundable.
> Never used this though.
> > wrote in message
> ...
> Is it ever worth purchasing an extended warranty on a used vehicle
> that is relatively reliable (toyota, honda, etc.)?
>
>

I actually did that about 15 years ago at a Honda dealer in Atlanta. I ended
up selling the car after about 2-3 years (it was too small for a growing
family) and the dealer gave me a full refund.

I have purchased several cars from them since-- and sent friends and
neighbors. Best $700 they ever spent!