Found a car we like, low mileage (31k), but it has less than a year on the original manufacturers warranty (powertrain only). I want to get a pre-purchase inspection by my mechanic to cover my bases, the wife thinks it's a waste of $120. FTR, there's a lemon law in NYS/NYC if things go badly and a dealership implied warranty that comes post purchase, but in my experience it's best to not have to deal with those unless you have no other choice.

What says the OT?

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Posted by Gevans17

Member since Dec 2007

1135 posts

Posted on 3/24/16 at 4:36 pm to NYNolaguy1

do it. cheap insurance

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Posted by NewIberiaHaircut

Lafayette

Member since May 2013

11608 posts

Posted on 3/24/16 at 4:41 pm to NYNolaguy1

$120 well spent IMO.

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Posted by arowana

Metairie

Member since Aug 2007

1732 posts

Posted on 3/24/16 at 4:44 pm to NYNolaguy1

depends whats the make and model?

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Posted by mdomingue

Lafayette, LA

Member since Nov 2010

31152 posts

Posted on 3/24/16 at 5:49 pm to NYNolaguy1

quote:
the wife thinks it's a waste of $120.

It is if the car is in perfect shape, Money well spent if its crap. If it's somewhere in between, also well spent to give you another tool for your decision about buying it and at what price.

Like insurance it's only worth it financially if you need it but it is worth the peace of mind IMO. The only caveat is if you have an established trust relationship with the dealer/salesman.

Implied warranties are a nebulous thing unless you mean an extended warranty. Extended warranties are really more for peace of mind IMO.

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