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Originally Posted by DucMan
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For the most part I agree with Consumer Reports--for most products....except for my specific lifestyle when owning a car. I've kept almost all my cars/trucks anywhere from 7-12 years. Ironically, the only cars I've ever carried an extended warranty on are my Corvettes. Overall, I probably did lose $$'s on the warranty with my 2001 but I've saved $$$'s on my 2004. As a matter of fact, it's extended warranty runs out this April. Never had many issues with the '04 until these past 18 months---numerous TPM issues, Air injection check valve, stabilizer shaft link replacement, a heater motor replacement & 2 window motor replacements.
Engineering has become so exact and precise that when a part is engineered to last "x" amount of hours...that's exactly what it does. Thus only 3 or maybe 4 year warranties.
Is it a gamble? Yep....but I'll get one again for the C7.... tooooo many computers and electronics running the vehicle.