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Buying An Automotive Extended Service Contract

Should You Buy An Automotive Extended that they had purchased, and those that
Service Contract? did were glad they made such a sound
The decision to purchase an extended financial decision.
service contract or mechanical break down Consider the following examples of repair
policy as they are sometimes called is a cost:
decision that has many variables. Air Conditioner Repairs can easily cost
Depending on the age of the vehicle, the $1500.00 for compressor replacements.
usage, how long do you plan on keeping Transmission Overhaul or
the vehicle for are just a few questions Replacements--$3000.00
that need to be considered. Water Pump replacements--$600.00
If you look online, some of these so Power Steering Pumps and Steering
called guru's who write scam pieces will Gears--$600-$2000.00
tell you-Don't Buy-it's a scam. I whole However, don't be mislead into believing
heartily disagree with their opinions, I a mechanical break down policy covers
question if they have real world every nut and bolt on the vehicle, there
knowledge and experience to begin with. are variables and different kinds of
If they did, then I firmly believe their policies as well. Some cover seals and
opinion would be other wise. gaskets, wear and tear items,
The scam comes when you are charged consequential damages etc and others
outrageous and inflated prices for an don't. Be aware of what it does and does
extended service contract, they are not not cover before buying, this will save
cheap to begin with, but those who you a lot of grief in the event you have
exasperate the cost are the ones who are a mechanical failure.
taking advantage of unsuspecting It is a major decision, and one that
consumers. Or perhaps even requiring you requires weighing the advantages and
to purchase as a condition of buying the disadvantages.
vehicle, you should never be forced to My personal and professional opinion is
buy under any circumstances. that if you are going to use the vehicle
With automotive repair labor rates on a daily basis, you plan on keeping for
ranging easily up to $100.00 per hour or 2 years or more after the original
more, it doesn't take a huge repair to factory warranty has expired, then you
cost you major bucks, and with the should purchase the extra protection.
electronics and technologies of today's It is after all, like an insurance
automobiles, parts prices are equally as policy, you hope that you don't have to
expensive. use it, but it will give you some peace
During my 26 years in the automotive of mind in the event that you have to
service industry, I can recall countless have an expensive repair.
and numerous times where customers wished




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