jerryc41 wrote:
A friend just bought a used Honda of some kind, and he bought the extended warranty from the dealer. That's something I would never do. So, I have a question - well, two questions.
Have any of you bought a warranty on a used car, and have you tried to use it? I've often heard that the fine print can be a killer.
A word about CPO's. Certified Pre-Owned cars. I recently bought my wife a CPO Hyundai Tucson. It cost more than a similar one of the same vintage. But I think it was worth it because it was of very low mileage, had been (supposedly) been given a lengthy examination by the dealer and had the remainder of the original warranty on it. So for a few hundred dollars difference, I have a car in excellent condition with 35,000 miles left on the bumper to bumper warranty and 75,000 miles left on the drive train warranty. So far I've used it twice, both times for minor issues that would have set me back a few hundred dollars in repairs. It cost me nothing but time.