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re: Extended warranties

Posted on 2/20/24 at 8:47 pm to
Posted by achenator
Member since Oct 2014
2959 posts
Posted on 2/20/24 at 8:47 pm to
quote:

A typical warranty is basically half commission to the stealership for originating it, 25% going to warranty co opex and 25% into the actual reserve account. Once you figure out why they only need 25% reserves you’ll figure out why they’re such a bad deal.

this is why if you want one, only buy a manufacturers warranty from a dealership that sells them online after the fact like flood ford.
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