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Old 03-29-10, 10:57 PM   #9
msirach
Lurking Renovator
 
Join Date: Feb 2009
Location: Southern Illinois
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With many extended warranties, they have a $100 co-pay. Statistics have shown that up to 100,000 miles out of warranty, many of the repairs are in the neighborhood of $100. We have a 2008 Toyota Prius with the HID head lamps that fail. My son contacted me last week that one of them is starting to go off and on. It has 33,000 miles and is still covered under the bumper to bumper warranty. The cost of the bulb is $150. The extended warranty would cost $100 out of of pocket and the rest it would cover. (maybe) Would they say it is a normal wear and tear item?? If I would have paid the $2000 for the extended warranty, I would be upset. Save the money or at least don't borrow the money and put the same amount in a savings account for a "rainy day."
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