
Originally Posted by
ronallandottk
Without necessarily disagreeing with your take (I definitely agree that service outside the dealership is cheaper, more convenient, being able to watch the service being done, etc.). New cars nowadays are more reliable than ever, true, but they are also a lot more complicated than cars just 10 or 20 years old. I personally believe extended warranties still have their advantages and uses, but at the end of the day, its for the buyer to decide. As for warranties:
1. It indicates the confidence of the manufacturer in their finished product...so if they're willing to guarantee their products for five years, it means they're highly confident that the likelihood of them breaking down within the warranty period is very small;
2. Most vehicle components nowadays are replaced as whole units, and not repairable (at least not easily). A warranty could at least alleviate worries about replacing entire assemblies if necessary without spending potentially tens, or even hundreds of thousands. Just browsing through this forum indicates a lot of horror stories about potentially expensive fixes requiring expensive replacement assemblies;
3. Sadly, the number of locally assembled cars have dwindled over the years, so more often than not, spare parts have to be imported. A warranty also alleviates concerns over the availability of spare parts which are likely not available locally...or at least the effort in sourcing difficult to find and expensive parts.
4. Casa maintained cars are usually easier to sell/command slightly higher prices in the second hand market, especially if the service records are complete.
The good thing about car warranties, whether 3 or 5 years, is that it is entirely up to the purchaser to decide if he or she wants to abide by it or not. No one is obligated to always bring their cars to the dealerships for service, they can always bring it to 3rd party for maintenance, even from the day it was delivered. At least, the option is there, and the choice is up to the buyer. You can give it up anytime.
As a automobile enthusiast, as everyone here likely is, I certainly enjoy being at the forefront of ensuring the reliability of my car, whether it be having it serviced, searching for replacement parts, looking for good deals, having it installed in front of you...I know the feeling.
But like you said, time is money. Nowadays most people, by choice or by necessity, simply don't have the time to micromanage the maintenance of their pride and joy. I'm not rich or anything close, far from it actually. But money can be earned again, you can't get back time.
Thanks for the input man. :-)