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Old 06-06-2013, 12:52 PM
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molina67 molina67 is offline
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Join Date: May 2013
Location: South East Georgia
Age: 47
Posts: 66
Gender: Male
Vehicle: 2013 Ram 1500
Trim Level: Express
Color: Red
Engine: 2009-20?? 345ci (5.7L) Hemi V8 390hp 407lb/ft
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So I asked a buddy of mine who owns three repair shops if the extended warranties are worth it and he told me that they are not. He said that the people who you buy the warranty from will fight tooth and nail to pay, and that whatever the warranty does not cover as far as repairs the owner has to pick up. For instance if...
Repair cost = $1500
Warranty company agrees to pay $1000
Customer has to pay $100 deductible plus remaining $500.

He went on and said you are better taking the $2000+ and put it in the bank and let it draw interest until you need it. I have the advantage that this is a good friend of mine and most of our business is done in trade as I own my own embroidery / gift shop. For what it's worth that's my two cents.
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