These products are sold on…
These products are sold on fear, generally you expect “defects” to show up fairly soon in a vehicles life when they are still under OEM warranty. Accidents are covered under your insurance, warranty’s much of the time have many exclusions to their coverage…… it’s not what you think you’re getting. Always remember, the likely benefit you are to recieve is likely to be less than the base cost of the warranty, because that’s what Toyota GETS, they don’t get the taxes. Remember, while you have a car loan, there only be about a year or so that the OEM warranty ran out AND you still have payments. After that, no payments means you have the budget to cover unexpected repairs. Note: I am big time pro Toyota, owned three put 350,000 miles total on them, still have two, nothing but brakes and oil changes. Don’t waste your money on warranty’s, ever, especially on small appliances and electronics. If it’s DOA, it’s under manufacture warranty, if not it probably have 1 year warranty anyway. These warranty’s add 10% cost to autos and 20-25% to small appliances etc.